Industrial located in Esquimalt - Es Old Esquimalt, V9A 4V1
sqft, Beds, Baths
MLS #953802
Listed by Kevin PirieNAI Commercial (Victoria) Inc.
Listed by Kevin PirieNAI Commercial (Victoria) Inc. - Listed On: February 19, 2024
- Type: Commercial Sale
- Lot Size: 1.64 acres
- Parking Features: On Site,
- Zoning: Light Industrial
Description
Price reduced - Large light industrial zoned property in a highly desirable area of Esquimalt (with a portion of the property in Vic West) just minutes from downtown with convenient access to major transportation routes in and around the City. With just 35% site coverage, the property has significant development potential (approx. 20,000 SF in excess land) while providing the owner with a strong rental income. The property is suitable for the investor seeking a strong cap rate / yield while also offering an owner / occupier opportunity for end users.