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Main Photo: 582 Johnson St in Victoria: Vi Downtown Retail for sale : MLS®# 985778
Photo 1: 582 Johnson St in Victoria: Vi Downtown Retail for sale : MLS®# 985778
Photo 2: 582 Johnson St in Victoria: Vi Downtown Retail for sale : MLS®# 985778
Photo 3: 582 Johnson St in Victoria: Vi Downtown Retail for sale : MLS®# 985778
Photo 4: 582 Johnson St in Victoria: Vi Downtown Retail for sale : MLS®# 985778
Photo 5: 582 Johnson St in Victoria: Vi Downtown Retail for sale : MLS®# 985778
Photo 6: 582 Johnson St in Victoria: Vi Downtown Retail for sale : MLS®# 985778
Photo 7: 582 Johnson St in Victoria: Vi Downtown Retail for sale : MLS®# 985778
Photo 8: 582 Johnson St in Victoria: Vi Downtown Retail for sale : MLS®# 985778
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
985778
Opportunity to purchase 582 Johnson Street, a fully leased retail building fronting one of Victoria’s premier shopping streets. The property offers investors stable cash flow, while also offering owner occupiers the potential to occupy the main floor retail unit. Located on Lower Johnson Street, one of Victoria's premier shopping streets. High profile, high exposure location with significant summertime foot traffic. Fully leased, with the main floor available for sublease. Well maintained building with a recently upgraded façade. The Property is exceptionally located near the corner of Johnson Street and Government Street, right in the heart of Downtown Victoria – a vibrant urban neighbourhood, walkable shopping area, and thriving entertainment district. The Downtown is home to retailers such as MEC, John Fluevog, Arc’teryx, Patagonia, Lululemon and Fjällräven, to name a few.
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
6,000 sq. ft.
Taxes:
$69,703.97 / 2023
Total Building Area:
10,179 sq. ft.
Leasable Area:
10,179 sq. ft.
Commercial Area:
Downtown
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
4203000.0
Assessment year:
2024
Jurisdiction name:
City of Victoria
Legal Description:
LOT 1259, VICTORIA LAND DISTRICT, AMD LOT 1259, (DD 68237-I)
Total Units:
3
Date Listed:
Jan 28, 2025
Original Price:
5800000.0
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Listed by Colliers
Data was last updated February 23, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
43
Avg list price:
$750,000
Min list price:
$50,000
Max list price:
$6,000,000
Avg days on market:
88
Min days on market:
1
Max days on market:
769
These statistics are generated based on the current listing's property type and located in Vi Downtown. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.