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Serena Kolida

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  • MLS® #: 415277
  • 581 Niagara St
  • Victoria, BC V8V 1H8
  • $1,495,000
  • 3200 SqFt, 0.08 Acres
  • Commercial
  • Office: Pemberton Holmes - Cloverdale

Pleased to present the opportunity to purchase a free standing mixed use building in beautiful James Bay located at 581 Niagara St. This building has recently undergone a complete renovation, with new plumbing, electrical, insulation and a new roof in March 2019.The Ground floor space has housed a community grocery store since it was originally built in 1908, making it the oldest grocery store in Victoria. The ground floor commercial space is approximately 1600 sqft and is a licensed food establishment. The newly renovated upper suites have private entrance and consist of a 2 bedroom suite and a large 1 bedroom suite. With the building built directly on 3 lot lines, a large outdoor space has been created which can be used for parking or as an outdoor patio for the commercial tenant. Great opportunity for an opener operator or an investor. 4 % CAP rate and room for increased lease rates. *Please do not approach staff. Call to set up viewings.

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Essential Information

  • MLS® #415277
  • Price$1,495,000
  • Square Footage3,200
  • Acres0.08
  • TypeCommercial
  • Sub-TypeRetail
  • StyleMixed Use, Multi-Family
  • StatusCurrent

Community Information

  • Address581 Niagara St
  • SubdivisionVi James Bay
  • CityVictoria
  • StateBC
  • Zip CodeV8V 1H8


  • FeaturesFloor: Concrete, Floor: Mixed


  • # of Stories2


  • ExteriorStucco & Siding
  • Lot DescriptionView: City

Additional Information

  • Date ListedSeptember 3rd, 2019
  • Days on Market9
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