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Cooper Shantz

cooper.shantz@engelvoelkers.com +1(250) 880-0964

$ 2,490,000

Est. payment -/mo

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Active

3185 Quadra St Victoria, BC V8X 1E9

7,405 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 996057

Rental Info Unrestricted

Annual Tax Amount $19,978

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 53' X 141'

Property Sub-Type Mixed Use

Property Description

ACT FAST – PRICED UNDER ASSESSED VALUE! This fully leased, mixed-use property near Downtown Victoria delivers immediate income and long-term upside. Located at the high-traffic intersection of Quadra and Tolmie, the building features a 2,590 sq ft ground-floor commercial space leased to Arctic Spas, showcasing a dynamic showroom. The upper floors include one 1-bedroom and two 2-bedroom residential units, plus a top-floor 2-bedroom + den penthouse with a rooftop patio and city views. Major upgrades were completed in 2019, with additional updates to residential units in recent years. Offered below assessed value, this is a rare opportunity to secure a high-exposure, fully tenanted asset in a sought-after market. Updated appraisal and full financials available for qualified buyers upon signing a confidentiality agreement. Opportunities like this are rare—contact the listing agent today! Please respect tenant privacy—do not disturb.

Location

Province BC

County Capital Regional District

Area Victoria

Zoning C-1S

Direction near Quadra & Tolmie intersection

Interior

Heating Baseboard, Heat Pump, Natural Gas

Cooling Wall Unit(s)

Flooring Carpet, Laminate, Tile, Vinyl

Heat Source Baseboard, Heat Pump, Natural Gas

Exterior

Exterior Feature Balcony/Patio, Display Window, Fencing: Partial, Lighting, Signband, Storefront

Parking On Site 1

Utilities Available Cable To Lot, Electricity To Lot, Natural Gas To Lot

View Y/N Yes

View City, Mountain(s)

Building

Building Description Frame Wood,Stucco, Fire Alarm,High Traffic Area,Laundry Room,Parking,Transit Nearby

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Frame Wood,Stucco

Others

Pets Allowed Yes

Tax ID 002-701-987

Ownership Freehold

Listed by eXp Realty (NA)

Cooper Shantz

Advisor | License ID: RE606172

+1(250) 880-0964

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