$432,680
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871 Sqft Lot
SOLD DATE : 04/14/2023
Key Details
Sold Price $432,680
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 918998
Sold Date 04/14/23
HOA Fees $386/mo
Annual Tax Amount $4,501
Tax Year 2022
Lot Size 871 Sqft
Acres 0.02
Property Description
Great Investment Opportunity! Lifelabs-tenanted street-level strata lots in the heart of downtown Sidney, BC. Comprising 1,054 square feet with 2.5 years remaining on lease term and an increase in rate to take effect March, 2023 providing a carefree investment for the owner. Very nicely improved lab office space with a national tenant. Onsite parking. Cap rate at 4.3%, increasing to 4.6% on rent step up. Contact agent for details. Please do not disturb tenant.
Location
Province BC
County Capital Regional District
Area Si Sidney North-West
Zoning commercial
Interior
Heating Forced Air
Exterior
Exterior Feature Lighting
Parking On Site 1
Utilities Available Cable To Lot, Electricity To Lot, Garbage
Building
Lot Description Curb & Gutter
Story 3
Sewer Sewer Connected
Water Municipal
Structure Type Frame Wood,Insulation: Ceiling,Insulation: Walls,Stucco
Others
Tax ID 023-029-722
Ownership Freehold/Strata
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Bought with DFH Real Estate - Sidney