Vacant-User
716 Johnson Street
713 Johnson St, Victoria, BC V8W 2G2
Listing Price: $2,600,000
Cap Rate
3.87%
Gross SF
8,972
Rentable SF
8,972
Price/Gross SF
$289.79
Lot Size
0.17 acres
Year Built
1931
Investment Overview
We are pleased to present the rare opportunity to acquire a central downtown Victoria commercial building located in a highly-desirable location within Victoria's densifying and evolving downtown city centre.
Investment Highlights
- Well located two-storey commercial building with 60 feet of frontage on Johnson Street, 8,972 SF of rentable area comprised of 4,597 SF of ground floor and 4,375 SF second floor
- Ground floor retail space is vacant and features store front glazing, ample ceiling heights and basic rectangular layout (~43' x `105')
- Second floor is occupied by a short-term tenant on a gross lease, improved with studio space, washrooms, and private offices
- Desirable Central Business District Zoning (CBD-1) permits for a variety of uses including: Assembly, brew pub, care facility, civic facility, financial services, food and beverage services, office, personal services, residential, retail trade and more
- Value-add opportunity to increase rental income by reposition and re-tenant to market NNN leases
- Nearby existing and future residential and commercial high-rise developments, all of which are further to the gentrification of the immediate neighbourhood
Exclusively Listed By
Listing Price: $2,600,000
Cap Rate
3.87%
Gross SF
8,972
Rentable SF
8,972
Price/Gross SF
$289.79
Lot Size
0.17 acres
Year Built
1931
Investment Highlights
- Well located two-storey commercial building with 60 feet of frontage on Johnson Street, 8,972 SF of rentable area comprised of 4,597 SF of ground floor and 4,375 SF second floor
- Ground floor retail space is vacant and features store front glazing, ample ceiling heights and basic rectangular layout (~43' x `105')
- Second floor is occupied by a short-term tenant on a gross lease, improved with studio space, washrooms, and private offices
- Desirable Central Business District Zoning (CBD-1) permits for a variety of uses including: Assembly, brew pub, care facility, civic facility, financial services, food and beverage services, office, personal services, residential, retail trade and more
- Value-add opportunity to increase rental income by reposition and re-tenant to market NNN leases
- Nearby existing and future residential and commercial high-rise developments, all of which are further to the gentrification of the immediate neighbourhood
Investment Overview
We are pleased to present the rare opportunity to acquire a central downtown Victoria commercial building located in a highly-desirable location within Victoria's densifying and evolving downtown city centre.
Exclusively Listed By

