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1015 Fort St Victoria, British Columbia V8V 3K5

$3,299,999

Unveiling a Versatile Downtown Gem. Nestled between Vancouver and Cook St. in downtown Victoria, a two-storey building constructed in 1950 awaits its next chapter. With over 6,000 sq. ft. across two levels, this property boasts a seismic upgrade permit from 2008, signifying structural resilience. Presently a thriving restaurant and banquet hall, the property's allure deepens with a 1-bedroom suite at the bottom level's rear. What sets this offering apart is the comprehensive inclusion of all restaurant equipment, ensuring a seamless transition for aspiring restaurateurs. The kitchen, operating on natural gas, coupled with a recent heating/cooling system installation, enhances operational efficiency. However, the real estate allure extends beyond its current use. The adjacent building, featuring approximately 30 micro units, sets the stage for a mixed-use masterpiece. Zoning regulations permitting, envision a harmonious blend of commercial and residential spaces, tapping into the burgeoning demand for versatile urban living. Adaptive reuse is a viable option, transforming the existing structure into boutique offices, creative workspaces, or a fusion of retail and residential units. The symbiosis of historical charm and modern functionality creates a canvas for innovative redevelopment. This downtown gem is not merely a property; it's an investment canvas waiting for the strokes of creativity and foresight. As Victoria's landscape evolves, this property stands as a testament to the potential of adaptive urban redevelopment, offering an exciting venture for those with the vision to unlock its true value. (id:29647)

Business

Business Type Other, Restaurant
Business Sub Type Other

Property Details

MLS® Number 957686
Property Type Retail
Neigbourhood Downtown
Features Other
Parking Space Total 2

Building

Constructed Date 1950
Fireplace Present No
Size Exterior 6134 Sqft
Type Retail

Land

Acreage No
Size Irregular 3396
Size Total 3396 Sqft
Size Total Text 3396 Sqft
Zoning Description Ca-42
Zoning Type Unknown

https://www.realtor.ca/real-estate/26685332/1015-fort-st-victoria-downtown


eXp Realty
301-3450 Uptown Boulevard
Victoria, British Columbia V8Z 0B9

(833) 817-6506
www.exprealty.ca/

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