14,535 SF Commercial Strata Investment Property - Four (4) Fully Leased Strata Lots
Excellent opportunity to purchase tenanted commercial strata units in the heart of Colwood. The premises are improved with a large daycare facility (10,835sf), a bakery, and BCMA community centre. The building benefits from high profile signage, frontage and easy access direct from Island Highway with a high vehicle traffic count. Centrally located in close proximity to amenities, public transit, the galloping goose regional trail, etc. Zoning allows for a wide range of commercial uses and the OCP calls for considerable growth and density. The improvements were originally constructed in 1981 as industrial units, complete with overhead doors, and subsequently converted into their current configuration with a second storey added to strata lot 9 in 2002. Offered at a 5.7% cap rate with rent escalations over the term, don't miss out on this unique investment opportunity.
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Building
Year built:
1981
(Age: 44)
Lease Type:
Sale Price
Listing General Location:
Co Triangle, Colwood
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
11,151 sq. ft.1,036 m2
Taxes:
$68,354 /
2024
Number of Storeys:
1
Total Building Area:
14,535 sq. ft.1,350 m2
Leasable Area:
14,535 sq. ft.1,350 m2
Commercial Area:
Western Communities
Fireplace:
No
Main Level
Assessed:
4180000.0
Assessment year:
2025
Jurisdiction name:
City of Colwood
Legal Description:
Strata Lots 3, 4, 5 and 9, Section 1, Esquimalt District, Strata Plan VIS5159, Together with an interest in the common property in proportion to the unit entitlement of the strata lot as shown on form v. PIDs:
Lot 3 025-238-949
Lot 5 025-239-163
Lot 4 025-238-957
Lot 9 025-239-805
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Listed by AY Victoria Realty Ltd.
Data was last updated October 23, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$3,025,000
Min list price:
$1,249,000
Max list price:
$7,900,000
Avg days on market:
177
Min days on market:
16
Max days on market:
413
These statistics are generated based on the current listing's property type
and located in
Colwood. Average values are
derived using median calculations. This data is not produced by the MLS® system.