Esquimalt, BC V9A 4T8,910 Devonshire Rd
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Esquimalt, BC V9A 4T8,910 Devonshire Rd
Esquimalt, BC V9A 4T8,910 Devonshire Rd
Esquimalt, BC V9A 4T8,910 Devonshire Rd
Esquimalt, BC V9A 4T8,910 Devonshire Rd

$10,375,000

Est. payment /mo

$11,499,000

9.8%
Est.Price: ?

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910 Devonshire Rd Esquimalt, BC V9A 4T8

2.01 Acres Lot

SOLD DATE : 04/07/2020

Key Details

Sold Price $10,375,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 828196

Sold Date 04/07/20

Annual Tax Amount $164,370

Tax Year 2019

Lot Size 2.010 Acres

Acres 2.01

Property Description

Opportunity to acquire a fully-leased industrial investment property located within an established industrial park, just minutes west of downtown Victoria and to the east of the naval and shipbuilding harbour in Esquimalt, BC. The 40,635 square foot warehouse and office facility were constructed in 2008 and is located on a 2-acre land parcel with access from two arterial roads. Babcock Canada Inc. and Victoria Shipyards Co. have been long-term tenants of the building. Babcock recently took over the lease for the full premises, but Victoria Shipyards continues to occupy approximately 8,499 square feet. The proximity of the property to DND is of great value and benefit to operations. The property generates nearly 600,000 in annual income and the Tenant has recently completed several upgrades to the building. Note that there are two PIDs related to this sale: PID 001-515-845 and PID 004-964-136.

Location

Province BC

County Capital Regional District

Area Es Esquimalt

Zoning I-1

Exterior

Parking On Site 1

Others

Tax ID 001-515-845

Ownership Freehold

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Listed by AY Victoria Realty Ltd.
Bought with Fraser Valley Real Estate Board

Cameron Doyle

Advisor | License ID: 5284

+1(250) 889-6137

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