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1831 Oak Bay Av 1,959 SF Retail Condo Unit Offered at $1,200,000 CAD in Victoria, BC V8R 1C3
INVESTMENT HIGHLIGHTS
- Prime Oak Bay Avenue location in a high-demand corridor
- Lease term secured through September 2028 with renewal option
- Four dedicated on-site parking stalls with rear access
- Fully leased to Bayshore Healthcare with national covenant
- Professionally improved space with medical and office build-out
EXECUTIVE SUMMARY
Positioned on one of Victoria’s most desirable corridors, this Oak Bay Avenue strata property offers investors a rare opportunity to acquire a fully leased, income-producing asset in the vibrant Gonzales/South Jubilee neighborhood. The 1,959 SF unit is secured by a national covenant tenant, Bayshore Healthcare, ensuring long-term stability with a lease extending through September 2028 and an additional renewal option.
PROPERTY FACTS
| Total Building Size | 12,000 SF | Typical Floor Size | 12,000 SF |
| Property Type | Health Care (Condo) | Year Built | 2005 |
| Floors | 1 | Lot Size | 0.38 AC |
| Total Building Size | 12,000 SF |
| Property Type | Health Care (Condo) |
| Floors | 1 |
| Typical Floor Size | 12,000 SF |
| Year Built | 2005 |
| Lot Size | 0.38 AC |
1 UNIT AVAILABLE
Unit 103
| Unit Size | 1,959 SF | Condo Use | Retail |
| Price | $1,200,000 CAD | Sale Type | Owner User |
| Price Per SF | $612.56 CAD |
| Unit Size | 1,959 SF |
| Price | $1,200,000 CAD |
| Price Per SF | $612.56 CAD |
| Condo Use | Retail |
| Sale Type | Owner User |
DESCRIPTION
An excellent opportunity to purchase 1959 square feet of prime Oak Bay Avenue retail space in the Gonzales/South Jubilee area of Victoria. The unit is leased to Bayshore Healthcare offering a stable and secure tenancy with remaining lease term through September 2028 with one further right of renewal. The space has been updated to provide three offices, open meeting areas, infusion clinic space, reception and washrooms. The strata lot has primary access from Oak Bay Avenue and secondary access from the rear service door leading to the four dedicated parking stalls.
SALE NOTES
Avison Young is pleased to present this opportunity to purchase this Oak Bay Avenue strata investment property. With an excellent national covenant tenant in place, this is a unique opportunity on one of Victoria’s most sought-after corridors
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1831 Oak Bay Av
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