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338 Park St 4,000 SF 100% Leased Retail Building Tay, ON L0K 2A0 $819,000 CAD ($204.75 CAD/SF)
Investment Highlights
- Investment opportunity just off Hwy 12 in Victoria Harbour.
- Tenants pay their own utilities: gas, hydro, and water/sewer.
- 4,000 SF building featuring two commercial units and 1 residential apartment.
- Seller open to holding a first VTB with substantial down payment.
Executive Summary
Exceptional mixed-use property in the heart of Victoria Harbour! Situated just off Highway 12 on Park Street, this highly visible corner property spans approximately 4,000 sq. ft. and includes two commercial units along with a two-bedroom, two-bath residential apartment.
Previously configured for restaurant or food-service operations, both commercial spaces are currently vacant, offering tremendous flexibility for an owner-operator, investor, or a variety of retail, service, or café-style concepts permitted under C2 zoning. The larger unit features dual entrances, allowing for the potential integration of two complementary business uses, subject to necessary approvals.
Previously configured for restaurant or food-service operations, both commercial spaces are currently vacant, offering tremendous flexibility for an owner-operator, investor, or a variety of retail, service, or café-style concepts permitted under C2 zoning. The larger unit features dual entrances, allowing for the potential integration of two complementary business uses, subject to necessary approvals.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,000 SF
Building Class
C
Year Built
1990
Price
$819,000 CAD
Price Per SF
$204.75 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.30 AC
Zoning
C2 - Retail or office with residential unit(s) above or behind - less than 10,000 s.f. gross building area (GBA), street or onsite parking, with 6 or less
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Contact
-
Sohan Gill - Century 21 B.J. Roth Realty Ltd.
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Presented by
Century 21 B.J. Roth Realty Ltd.
338 Park St
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