3185 Quadra St, Victoria, British Columbia

About 3185 Quadra St

ACT FAST – PRICED UNDER ASSESSED VALUE with a 6%+ CAP RATE! This fully leased, mixed-use property near Downtown Victoria delivers immediate income and long-term upside. Located at the high-traffic intersection of Quadra and Tolmie, the building features a 2,590 sq ft ground-floor commercial space leased to Arctic Spas, showcasing a dynamic showroom. The upper floors include one 1-bedroom and two 2-bedroom residential units, plus a top-floor 2-bedroom + den penthouse with a rooftop patio and city views. Major upgrades were completed in 2019, with additional updates to residential units recently. Offered below assessed value, this is a rare opportunity to secure a high-exposure, fully tenanted asset in a sought-after market. Updated appraisal and full financials available for qualified buyers upon signing a confidentiality agreement. Opportunities like this are rare—contact the listing agent today! Please respect tenant privacy—do not disturb. (id:6289)

More Info on this Mayfair Commercial Mix MLS® listing

3185 Quadra St is a commercial mix listing for sale in Victoria. The MLS® number is 996057. It's currently listed for $2,340,000. For more details on MLS® 996057, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This commercial mix listing in Mayfair is available now!

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