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941 Kings Rd 4,494 SF Office Building Victoria, BC V8T 1W7 $1,677,375 CAD ($373.25 CAD/SF)
Investment Highlights
- Renovated standalone office building in Quadra Village
- Dedicated rear parking and rear access to first floor
- Potential sale-leaseback with Citizens Counselling Centre
- Thirteen offices and four large meeting rooms across two floors
- Steps from downtown and adjacent to Café Fantastico
- Zoned CVD-1 with 1.6:1 FSR and community-oriented setting
Executive Summary
Rare opportunity to purchase a standalone commercial investment property, currently owner-occupied by the Citizens Counselling Centre of Greater Victoria. The subject property is improved for office use and consists of two reception areas, thirteen offices, four large meeting/group rooms, four washrooms, and ample storage over two storeys. Situated in Quadra Village, just steps from the downtown core, the subject property benefits from an ideal community village setting and proximity to anchor businesses in the area such as Café Fantastico, Part & Parcel, and Fairway Market. Preference will be given to buyers who will complete a sale-leaseback transaction with Citizen’s Counselling Centre, subject to negotiation during the conditional period
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
4,494 SF
Building Class
C
Year Built
1930
Price
$1,677,375 CAD
Price Per SF
$373.25 CAD
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
1,498 SF
Building FAR
0.92
Lot Size
0.11 AC
Zoning
CVD-1 - Community Village District
Exceptionally walkable
90/100
Fairly drivable
50/100
Good public transit
70/100
Moderately bikeable
70/100
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941 Kings Rd
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