1221 Government Street, Downtown Victoria
Price
$280,000
BedroomsNot listed
BathroomsNot listed
SizeNot listed
Year BuiltNot listed
Property TypeCommercial
Property TaxesNot listed
Description
A rare opportunity to own an award winning fashion boutique with 23 years of success in the heart of downtown Victoria! Voted Best Store and Fashion Trend Spotter for many years, Spank Clothing is a profitable, turnkey business with monthly sales exceeding $100K. This 2,160 sq. ft. boutique is ideally located on the busy Government Street, benefiting from high pedestrian traffic, strong tourist appeal, and a loyal local following. It features a curated mix of women’s apparel and accessories, established supplier relationships, and experienced staff. With 9.5K Instagram followers and nearly 7K Facebook followers the business has an online presence, with further opportunity to grow. Don’t miss this chance to step into a respected brand with proven success and growth potential in one of Victoria’s most desirable retail areas! Perfect for an owner operator or investor seeking a creative, rewarding venture. PLEASE DO NOT APPROACH STAFF OR OWNER; DIRECT ALL INQUIRIES TO THE LISTING AGENT. (id:39198)
Listed By
The listing brokerage and/or agent is Pemberton Holmes Ltd.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Property Dimensions
The Property Location
Mortgage Calculator
$
$
%
$
$
Total Monthly Payment
$1,006 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$224,000
Total Interest Payments
$138,110
Total Payment (Principal + Interest)
$362,110
Cashflow Calculator
$
$
$
$
$
$
Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
Related Properties
Meet Alex & Georgia
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.