My Listings

1802 Cook St
Vi Central Park Victoria V8T 3P6

$2,500,000
Commercial Sale

Main Photo: 1802 Cook St in Victoria: Vi Central Park Retail for sale : MLS®# 844154
Photo 1: 1802 Cook St in Victoria: Vi Central Park Retail for sale : MLS®# 844154
Photo 2: 1802 Cook St in Victoria: Vi Central Park Retail for sale : MLS®# 844154
Photo 3: 1802 Cook St in Victoria: Vi Central Park Retail for sale : MLS®# 844154
Photo 4: 1802 Cook St in Victoria: Vi Central Park Retail for sale : MLS®# 844154
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
844154
This centrally located commercial building is comprised of 5 units that produce a 4% cap rate making it ideal for investors large or small. The strategic corner location is pivotal for future redevelopment (designated as Large Urban Village in the OCP), and the property consists of 3 buildings: 1802 Cook St., 1056 N.Park, and 1806 Cook St. The unit breakdown is as follows: a large, top floor, 3 bedroom studio apartment; 2 street-level commercial spaces on N.Park; and 2 commercial storefronts on Cook St. - all with fixed leases in place. Located in the eclectic Fernwood/North Park Area... an architecturally diverse neighbourhood - home to Crystal Pool, Save on Foods Memorial Arena, Royal Athletic Park, historic churches, popular eateries, urban gardens, art studios, and hip retail shops. Solid investment/holding property for an owner-occupier or seasoned investor. Purchaser to verify all unit measurements.
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
Vi Central Park, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.1 acre(s)
Total Unfinished Rooms:
0
Taxes:
$17,475 / 2019
Building Features:
High Traffic Area, Transit Nearby
Total Building Area:
5,200 sq. ft.
Commercial Area:
Downtown
Water supply:
Municipal
Sewer:
Sewer To Lot
Fireplace:
No
Northwest corner of Cook and N.Park
0
Yes
Assessed:
1393000.0
Assessment year:
2020
Jurisdiction name:
City of Victoria
Zoning:
CR-4
Occupancy:
Tenant
Lot Site Features:
Curb & Gutter, Corner Lot, Level, Sidewalk, Serviced
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
On Site
Total Parking Spaces:
0
Total Units:
1
Date Listed:
Jul 07, 2020
Original Price:
2500000.0
  • Photo 1: 1802 Cook St in Victoria: Vi Central Park Retail for sale : MLS®# 844154
    Photo 1 of 4
  • Photo 2: 1802 Cook St in Victoria: Vi Central Park Retail for sale : MLS®# 844154
    Photo 2 of 4
  • Photo 3: 1802 Cook St in Victoria: Vi Central Park Retail for sale : MLS®# 844154
    Photo 3 of 4
  • Photo 4: 1802 Cook St in Victoria: Vi Central Park Retail for sale : MLS®# 844154
    Archive Photo - May of 1959
Larger map options:
Data was last updated August 14, 2020 at 04:05 AM (UTC)
Area Statistics
Listings on market:
69
Avg list price:
$450,000
Min list price:
$19,999
Max list price:
$6,645,000
Avg days on market:
86
Min days on market:
1
Max days on market:
1,121
These statistics are generated based on the current listing's property type and located in Victoria. Average values are derived using median calculations.
NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate.