9,308 sq. ft. of rentable on 14,400 sq. ft. site
Devencore Realty Victoria Ltd. is pleased to present an opportunity to acquire a light industrial investment property and future redevelopment site comprised of two buildings with a total rentable area of 9,308 square feet, situated on two legal lots of 7,200 square feet each, for a total site area of an estimated 14,400 square feet. The subject property is conveniently located within the City of Victoria, steps from the Save on Foods Memorial Arena, a few blocks from Victoria’s Harbour, one block from the Hudson District, and immediately adjacent to the Azzurro (a seven-storey mixed-use affordable rental and commercial building completed in 2017). The property is currently improved with two buildings, briefly described as follows:
747-749 Discovery Street: Two-tenant warehouse building, constructed circa 1952. Rentable area of 3,625 square feet (plus second floor and mezz area that isn’t being included in rentable area). There’s a washroom in each unit and interior ceiling height is estimated at 13.5 feet. 200 amp electrical service with electric baseboard heating. One 12 x 12 glass overhead door servicing 749 Discovery, while 747 dock level loading doors are enclosed with wood framing. This lot has 7 parking stalls, plus lower level bay.
751 Discovery Street: Previously a single-tenant warehouse, but now demised for two (one at front and one at rear). Built circa 1953. Ceiling height of approximately 12 feet. Front Unit A is occupied by Hometown Team. Rear Unit B is vacant, but previously used for warehousing with a staging area and dock level loading 8’x 7' loading door. A washroom in each unit and 400 amp electrical service shared with a suspended HVAC unit. There are 5 parking stalls plus loading area.
For more information please contact:
Personal Real Estate Corporation