1 2491 Bevan Ave
Si Sidney North-West Sidney V8L 1W2

$875,000
Commercial Sale built: 1996

Main Photo: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630

Photo 1: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630

Photo 2: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630

Photo 3: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630

Photo 4: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630

Photo 5: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630

Photo 6: 1 2491 Bevan Ave in Sidney: Si Sidney North-West Office for sale : MLS®# 962630

Status:: Sold

Sold Date:: Oct 02, 2024

Sold Price:: $875,000

Sold in:: 153 days

Prop. Type:: Commercial Sale

MLS® Num:: 962630

Year Built:: 1996

Now priced at $925,000: Prime Investment Opportunity! RBC-tenanted street-level commercial strata units in thriving Sidney, BC, located at 2491 Bevan Avenue. These two lots comprise a single secure tenancy with a AAA wealth management brokerage (RBC Dominion Securities) in the heart of downtown Sidney. AND the premises have been recently outfitted (June, 2023) by the owner with TWO BRAND NEW HEAT PUMPS at a cost of $30,000. Comprising 1,962 square feet with approx. 2 years remaining on the current lease term, with a 5 year renewal option. 4.7% cap rate on asking price; potential for increased rate on renewal. Very nicely improved professional office space with considerable street frontage befitting a national tenant of this caliber. Plus 6 onsite parking stalls. Contact agent for details. Please do not disturb tenant.

General Info:

Property Type:: Commercial Sale

Type:: Office

Commercial Type:: Building

Year built:: 1996 (Age: 28)

Lease Type:: Sale of Assets

Listing General Location:: Si Sidney North-West, Sidney

Bathrooms:: - (Full:-/Half:-)

Lot Size:: 1,962.014 sq. ft.182.277 m2

Taxes:: $8,824.62 / 2023

Additional Info:

Building Features:: High Traffic Area, Parking, Transit Nearby

Construction:: Frame Wood, Insulation: Ceiling, Insulation: Walls, Stucco

Electricity:: Yes

Number of Storeys:: 3

Floor finish:: Carpet, Laminate

Total Building Area:: 1,962 sq. ft.182.276 m2

Commercial Area:: Peninsula

Water supply:: Municipal

Sewer:: Sewer Connected

Cooling:: HVAC

Heating:: Baseboard, Heat Pump

Fireplace:: No

More Info Available:

Pending Date:: Sep 20, 2024

Date Sold:: Oct 02, 2024

Exterior Features:

Lighting

Directions:

North on Pat Bay Hwy, right on Beacon, right on Second St

Entry Location:

Main Level

Financial Info:

Assessed:: 873000.0

Assessment year:: 2024

Association Fee:: $627.05

Association Fee Frequency:: Monthly

Association Fee Year:: 2024

Legal Info:

Jurisdiction name:: Town of Sidney

Legal Description:: Strata Lots 1 and 2, Plan VIS3912, Section 10, North Saanich Land District, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1 OR V, AS APPROPRIATE