Vacant-User
869 Douglas Street. Victoria (The Falls)
869 Douglas St, Victoria, BC V8W 2B9
Listing Price: $4,500,000
Investment Overview
Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity for an owner-user to acquire a highly visible corner strata retail unit at 869 Douglas Street, Victoria, B.C. (the “Subject Property”). The Subject Property is a 6,417 SF ground floor corner strata lot, fronting Douglas Street (Highway 1 / Trans-Canada Highway) in downtown Victoria. The unit is priced well below replacement cost and further benefits from on-site shared parking, its location beneath The Falls (two residential towers totaling 155 residential units), and strong adjacent co-tenancies, Browns Socialhouse and 7-Eleven.
869 Douglas Street. Victoria (The Falls)
Investment Highlights
- Prime corner strata unit comprised of 6,417 SF.
- The Subject Property is offered at a price point well below its current replacement cost.
- Located on Douglas Street (a key Trans-Canada Highway artery with over 14,900 vehicles per day), this corner unit offers excellent exposure and 15 on-site shared parking stalls.
- Downtown (CBD) zoning is intentionally permissive, supporting a wide range of professional uses including medical, pharmacy, physiotherapy, and wellness.
- Located steps from the Inner Harbour and major landmarks, within a mixed-use development that includes 155 residential units.
- Prime downtown location fronting Douglas Street/Highway 1, with immediate access to major public transit routes via Capital City Station (Victoria's primary downtown transit hub), and key pedestrian corridors connecting to the city's civic, tourism, and commercial districts.
Exclusively Listed By
Listing Price: $4,500,000
Investment Highlights
- Prime corner strata unit comprised of 6,417 SF.
- The Subject Property is offered at a price point well below its current replacement cost.
- Located on Douglas Street (a key Trans-Canada Highway artery with over 14,900 vehicles per day), this corner unit offers excellent exposure and 15 on-site shared parking stalls.
- Downtown (CBD) zoning is intentionally permissive, supporting a wide range of professional uses including medical, pharmacy, physiotherapy, and wellness.
- Located steps from the Inner Harbour and major landmarks, within a mixed-use development that includes 155 residential units.
- Prime downtown location fronting Douglas Street/Highway 1, with immediate access to major public transit routes via Capital City Station (Victoria's primary downtown transit hub), and key pedestrian corridors connecting to the city's civic, tourism, and commercial districts.
Investment Overview
Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity for an owner-user to acquire a highly visible corner strata retail unit at 869 Douglas Street, Victoria, B.C. (the “Subject Property”). The Subject Property is a 6,417 SF ground floor corner strata lot, fronting Douglas Street (Highway 1 / Trans-Canada Highway) in downtown Victoria. The unit is priced well below replacement cost and further benefits from on-site shared parking, its location beneath The Falls (two residential towers totaling 155 residential units), and strong adjacent co-tenancies, Browns Socialhouse and 7-Eleven.
Exclusively Listed By
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