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Victoria Professional Center 1120 Yates St 46,316 SF 100% Leased Office Building Victoria, BC V8V 3M9 For Sale
INVESTMENT HIGHLIGHTS
- Five (5) storey office and retail building on the periphery of downtown Victoria
- Significant building upgrades completed between 2021 to 2024 totalling approximately $3.3 million
- Over 2,000 residential units within a 5 minute walk to be delivered
- Predominantly leased to health related and medical professionals, ensuring great tenant stability
EXECUTIVE SUMMARY
Colliers Macaulay Nicolls Inc. (“Colliers”) has been retained on an exclusive basis by Cook and Yates Holdings Ltd. (the “Owner”) to offer for sale the Victoria Professional Building (“Vic Pro” or the “Property”) located at 1120 Yates Street, Victoria, BC.
Prominently located on the eastern periphery of downtown Victoria, Vic Pro features five (5) storeys of office and retail units totaling 46,316 SF of rentable area. The Property shares underground parking with the neighbouring residential buildings, NEST and Haven, providing 100 commercial parking stalls of which 75 are reserved and 25 are hourly/ daily spaces.
Prominently located on the eastern periphery of downtown Victoria, Vic Pro features five (5) storeys of office and retail units totaling 46,316 SF of rentable area. The Property shares underground parking with the neighbouring residential buildings, NEST and Haven, providing 100 commercial parking stalls of which 75 are reserved and 25 are hourly/ daily spaces.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
46,316 SF
Building Class
B
Year Built
1968
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
9,263 SF
Slab To Slab
9’
Building FAR
1.21
Lot Size
0.88 AC
Zoning
CD-16 - Fernwood Comprehensive Development District
Parking
88 Spaces (1.9 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Controlled Access
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Fully open plan unit, partially below grade with south facing windows. Small kitchenette in place
Fully open plan unit, partially below grade with south facing windows. Small kitchenette in place
| Space | Size | Space Use | Condition | Available |
| Lower Level-Ste 17B | 689 SF | Office/Medical | Full Build-Out | 30 Days |
| 5th Fl-Ste 501 | 973 SF | Office/Medical | Full Build-Out | 30 Days |
Lower Level-Ste 17B
| Size |
| 689 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
5th Fl-Ste 501
| Size |
| 973 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Lower Level-Ste 17B
| Size | 689 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | 30 Days |
Fully open plan unit, partially below grade with south facing windows. Small kitchenette in place
5th Fl-Ste 501
| Size | 973 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | 30 Days |
Fully open plan unit, partially below grade with south facing windows. Small kitchenette in place
1 1
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (88)
Bike Score®
Biker's Paradise (99)
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Victoria Professional Center | 1120 Yates St
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