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1,2,5 2061 W Malaview Ave
Si Sidney South-West Sidney V8L 5X6

$2,800,000
Commercial Sale built: 1986

Front of Strata complex and unit 1
Photo 1: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
Photo 2: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
Photo 3: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
Photo 4: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
Photo 5: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
Photo 6: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
Photo 7: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
Photo 8: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
Photo 9: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
Photo 10: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
Photo 11: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
Photo 12: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
Photo 13: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
Photo 14: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
Photo 15: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
Photo 16: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
980625
Year Built:
1986
A great opportunity to acquire three industrial strata units at 2061 Malaview Ave W. These three units represent 50% of the total units in the complex and a 66% interest in the entire strata property. The three units are well cared for and fully leased to long-term tenants. The entire strata property sits on nearly 30,000 sq ft of land in the West Side Industrial Area, which provides easy access to BC Ferries, the International Airport, Sidney and Victoria. The units have approximately 10,685 sq ft of interior space and 30 combined designated parking spaces for the three units, and the complex is easily accessible via Malaview Ave W. and a rear laneway. Each unit has grade-level Bay doors (12ft & 14ft) and full-height mezzanines, allowing the spaces to accommodate a wide variety of businesses under the M1 zoning. The Leases are all leased under market and the property has a significant upside on renewals. The property is easy to view.
Property Type:
Commercial Sale
Type:
Industrial
Commercial Type:
Building
Year built:
1986 (Age: 38)
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Si Sidney South-West, Sidney
Bathrooms:
- (Full:-/Half:-)
Taxes:
Number of Storeys:
2
Ceiling Heights:
Total Building Area:
10,685 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Town of Sidney
Legal Description:
Units in Building:
Units in Community:
Parking Features:
On Site
Total Parking Spaces:
30
Total Units:
Date Listed:
Nov 13, 2024
Original Price:
2800000.0
  • Photo 1: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
    Front of Strata complex and unit 1
  • Photo 2: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
    Front of Strata complex and unit 1
  • Photo 3: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
    Photo 3 of 16
  • Photo 4: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
    Photo 4 of 16
  • Photo 5: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
    Unit 5
  • Photo 6: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
    Aerial view, noting placement of the three units.
  • Photo 7: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
    Aerial
  • Photo 8: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
    Unit 1 has 4 bay doors and approx.19ft ceilings.
  • Photo 9: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
    Unit 1
  • Photo 10: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
    Showroom, unit 1
  • Photo 11: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
    Unit 2
  • Photo 12: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
    Unit 2
  • Photo 13: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
    Unit 2
  • Photo 14: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
    Interior unit 5
  • Photo 15: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
    Interior unit 5
  • Photo 16: 1,2,5 2061 W Malaview Ave in Sidney: Si Sidney South-West Industrial for sale : MLS®# 980625
    Interior unit 5
Listed by Pemberton Holmes Ltd.
Data was last updated December 23, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$912,000
Min list price:
$45,000
Max list price:
$2,820,000
Avg days on market:
57
Min days on market:
24
Max days on market:
271
These statistics are generated based on the current listing's property type and located in Sidney. Average values are derived using median calculations.
Kathryn Alexander p.r.e.c.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.