206 Mary Street, Songhees Victoria
Price
$2,999,000
BedroomsNot listed
BathroomsNot listed
Size6518 sqft
Year Built1972
Property TypeCommercial
Property Taxes$34,774
Description
Amazing location! Fantastic Opportunity! Virtual Waterfront! Beside Songhees development & 6 minutes to Vic. City Hall. Great ROI to hold or Development Property with upside potential. Water views. South & east facing the water views across from Park & waterfront West Song Walkway to Downtown Victoria or West Bay Marina. See the Inner Harbour & new International Songhees Marina 228m away. 7200 sqft corner lot, RJ Zoning. Current building footprint is aprox. 4663 sqft, warehouse with mezzanine space and upper offices. The great long term tenant wants to stay. Approx. 1855 sq.ft. of waterview office space above, easily convert to residential? Good return as holding property while redevelopment is done? New roof completed in 2025. PLS don't disturb tenants. (id:39198)
Listed By
The listing brokerage and/or agent is Kroppmann Realty
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Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$13,672 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,399,200
Total Interest Payments
$1,479,253
Total Payment (Principal + Interest)
$3,878,453
Cashflow Calculator
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Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
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.