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1 2491 Bevan Ave
Si Sidney North-West Sidney V8L 1W2

$925,000
Commercial Sale built: 1996

Main Photo: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630
Photo 1: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630
Photo 2: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630
Photo 3: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630
Photo 4: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630
Photo 5: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630
Photo 6: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
962630
Year Built:
1996
Now priced at $925,000: Prime Investment Opportunity! RBC-tenanted street-level commercial strata units in thriving Sidney, BC, located at 2491 Bevan Avenue. These two lots comprise a single secure tenancy with a AAA wealth management brokerage (RBC Dominion Securities) in the heart of downtown Sidney. AND the premises have been recently outfitted (June, 2023) by the owner with TWO BRAND NEW HEAT PUMPS at a cost of $30,000. Comprising 1,962 square feet with approx. 2 years remaining on the current lease term, with a 5 year renewal option. 4.7% cap rate on asking price; potential for increased rate on renewal. Very nicely improved professional office space with considerable street frontage befitting a national tenant of this caliber. Plus 6 onsite parking stalls. Contact agent for details. Please do not disturb tenant.
Property Type:
Commercial Sale
Type:
Office
Commercial Type:
Building
Year built:
1996 (Age: 28)
Lease Type:
Sale of Assets
Listing General Location:
Si Sidney North-West, Sidney
Bathrooms:
- (Full:-/Half:-)
Lot Size:
1,962.014 sq. ft.
Taxes:
$8,824.62 / 2023
Building Features:
High Traffic Area, Parking, Transit Nearby
Construction:
Frame Wood, Insulation: Ceiling, Insulation: Walls, Stucco
Electricity:
Yes
Number of Storeys:
3
Floor finish:
Carpet, Laminate
Total Building Area:
1,962 sq. ft.
Commercial Area:
Peninsula
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
HVAC
Heating:
Baseboard, Heat Pump
Fireplace:
No
Lighting
North on Pat Bay Hwy, right on Beacon, right on Second St
Main Level
Assessed:
873000.0
Assessment year:
2024
Association Fee:
$627.05
Association Fee Frequency:
Monthly
Association Fee Year:
2024
Jurisdiction name:
Town of Sidney
Legal Description:
Strata Lots 1 and 2, Plan VIS3912, Section 10, North Saanich Land District, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1 OR V, AS APPROPRIATE
Zoning:
commercial
Units in Building:
9
Units in Community:
9
Occupancy:
Tenant
Utilities:
Cable Connected, Electricity Connected, Garbage
Lot Site Features:
Curb & Gutter
Parking Features:
On Site
Total Parking Spaces:
6
Total Units:
1
Date Listed:
May 02, 2024
Original Price:
925000.0
  • Photo 1: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630
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  • Photo 2: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630
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  • Photo 3: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630
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  • Photo 4: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630
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  • Photo 5: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630
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  • Photo 6: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630
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Listed by Firm Management Corporation
Data was last updated July 21, 2024 at 04:05 PM (UTC)
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.