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1195 Esquimalt Rd Esquimalt, BC V9A 3N6
0.29 Acres Lot
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1014561
Rental Info Unrestricted
Year Built 1992
Annual Tax Amount $65,759
Tax Year 2025
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Office
Property Description
Great opportunity for an investor, or owner/user. FOR SALE: 1195 Esquimalt Road is a three story office building with secure covered parking in the heart of Esquimalt's commercial core. The building comprises 21,043 sq ft over 3 floors situated on a 12,594 sq ft lot at the prominent corner of Esquimalt Rd and Fraser St. Floors 1 and 2 are leased by a longterm provincial government tenant with 3.5 years remaining in their term. The vacant 6440 sq ft 3rd floor is fully improved office space which could be occupied by an owner user. The fully leased cap rate (at $18 psf net rent for 3rd floor) would be 6.1%. Great natural light, partially upgraded HVAC and serviced by elevator. Zoned C-3 Commercial allowing a broad range of uses including assembly and day care amongst many others. Financial information provided to qualified purchasers with signed confidentiality agreement. Please do not disturb tenants.
Location
Province BC
County Capital Regional District
Area Es Saxe Point
Interior
Cooling HVAC
Exterior
Parking On Site 1
Utilities Available Electricity To Lot, Phone To Lot
View Y/N Yes
View Mountain(s)
Building
Story 3
Sewer Sewer To Lot
Water Municipal
Others
Tax ID 017-806-399
Ownership Freehold
Listed by Firm Management Corporation
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