2400 Bevan Ave 7,440 SF 100% Leased Retail Building Sidney, BC V8L 1W1 $3,200,000 CAD ($430.11 CAD/SF)

Premier address on the northeast corner of Bevan Avenue and Fifth Street, one block south of Beacon Avenue, within the central business district of the Town of Sidney. The subject property is comprised of a 3-storey, 6-unit fully leased commercial strata building. The ground floor is home to the popular Tonolli’s café/restaurant as well as a common area entrance and hallway, utility room, elevator, and stairwell access. The upper floors contain two strata units each that are demised into offices. Each floor has a common hallway and washrooms.
Built in 2007, the building has a concrete foundation and perimeter walls, with a concrete basement and concrete toppers for the upper floors. There is a 2-piece and 3-piece washroom on the ground floor, while the second and third floor each have a 2-piece common washroom. Strata Unit 4 has an additional 2-piece washroom. There’s a roof mounted heat pump that services the building, 600 amp main electrical service with each unit having its own sub-panel, and a torch-on roof.
The subject site is on the corner and rectangular in shape, with 50 feet of frontage on Fifth Street and 120 feet of frontage along Bevan Avenue, providing excellent visibility to the fronting streets. Hydro, city water, natural gas, telephone, cable, sanitary and storm sewers all service the property. Bevan Avenue and Fifth Street are both two-way roads with curbs and sidewalks, as well as parking pullouts, ornamental street lighting, and extra wide paving stone sidewalks. The building offers a lovely patio area at ground level, that is utilized by the café/restaurant tenant.