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Office Listings
1,2,5 2061 W Malaview Ave
Si Sidney South-West
Sidney
V8L 5X6
$2,800,000
Commercial Sale
built: 1986
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 980625
- Year Built:
- 1986
- Photos (16)
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A great opportunity to acquire three industrial strata units at 2061 Malaview Ave W. These three units represent 50% of the total units in the complex and a 66% interest in the entire strata property. The three units are well cared for and fully leased to long-term tenants. The entire strata property sits on nearly 30,000 sq ft of land in the West Side Industrial Area, which provides easy access to BC Ferries, the International Airport, Sidney and Victoria. The units have approximately 10,685 sq ft of interior space and 30 combined designated parking spaces for the three units, and the complex is easily accessible via Malaview Ave W. and a rear laneway. Each unit has grade-level Bay doors (12ft & 14ft) and full-height mezzanines, allowing the spaces to accommodate a wide variety of businesses under the M1 zoning. The Leases are all leased under market and the property has a significant upside on renewals. The property is easy to view.
- Property Type:
- Commercial Sale
- Type:
- Industrial
- Commercial Type:
- Building
- Year built:
- 1986 (Age: 38)
- Lease Type:
- Sale of Assets
- Listing General Location:
- Si Sidney South-West, Sidney
- Bathrooms:
- - (Full:-/Half:-)
- Number of Storeys:
- 2
- Total Building Area:
- 10,685 sq. ft.993 m2
- Fireplace:
- No
- Main Level
- Jurisdiction name:
- Town of Sidney
- Parking Features:
- On Site
- Total Parking Spaces:
- 30
- Date Listed:
- Nov 13, 2024
- Original Price:
- 2800000.0
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Front of Strata complex and unit 1
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Front of Strata complex and unit 1
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Photo 3 of 16
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Photo 4 of 16
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Unit 5
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Aerial view, noting placement of the three units.
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Aerial
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Unit 1 has 4 bay doors and approx.19ft ceilings.
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Unit 1
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Showroom, unit 1
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Unit 2
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Unit 2
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Unit 2
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Interior unit 5
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Interior unit 5
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Interior unit 5
Larger map options:
Listed by Pemberton Holmes Ltd.
Data was last updated December 7, 2024 at 04:05 AM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $912,000
- Min list price:
- $45,000
- Max list price:
- $2,820,000
- Avg days on market:
- 40
- Min days on market:
- 7
- Max days on market:
- 254
These statistics are generated based on the current listing's property type
and located in
Sidney. Average values are
derived using median calculations.
- MARY BEAUMONT
- Pemberton Holmes - Cloverdale
- 1 (250) 8892233
- Contact by Email
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.