Victoria, BC V8R 4S9,2680 Richmond Rd

$5,300,000

Est. payment /mo

$5,300,000

Est.Price: ?

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2680 Richmond Rd Victoria, BC V8R 4S9

0.81 Acres Lot

SOLD DATE : 12/20/2024

Key Details

Sold Price $5,300,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 978157

Sold Date 12/20/24

Rental Info Unrestricted

Year Built 1979

Annual Tax Amount $54,550

Tax Year 2024

Lot Size 0.810 Acres

Acres 0.81

Property Sub-Type Office

Property Description

2680 Richmond street is a two storey medical office building of 12,260 SF being utilized primarily by the Vancouver Coastal Health Authority as an arthritis clinic. The building has been specifically adapted for the existing use and includes several unique features in comparison to more typical commercial service/office structures, including an interior pool and shower facilities. The building has been well maintained and significant renovations were completed in 2014 and 2023. The building benefits from having one hydrolic elevator, serviced by 800-amp power, and heating, cooling and ventilation is provided by an electrically powered heat pump unit, four (4) electrically powered air conditioner units and electric baseboard heaters. A unique investment opportunity with a strong covenant tenancy with the Vancouver Coastal Health Authority, occupying the building for more than 40 yeasrs, while also a potential owner-occupier opportunity with the landlord's option to terminate the lease.

Location

Province BC

County Capital Regional District

Area Vi Jubilee

Zoning R1-C

Exterior

Parking On Site 1

Total Parking Spaces 30

Others

Tax ID 017-993-113

Ownership Freehold

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Chris Barrington Foote PREC*

Chris Barrington Foote PREC*

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Listed by COLLIERS MACAULAY
Bought with Sotheby's International Realty Canada
agent

Chris Barrington Foote PREC*

Advisor | License ID: 3809

+1(250) 881-3668

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