Commercial Property Commercial Sale, For Sale

751-753 View Street

Summary

CIVIC ADDRESS 751 - 753 View Street, Victoria, BC
SITE SIZE 7,200 SF
YEAR BUILT Original: 1920
Substantially Rebuilt: 2001
FLOORS Two Floors + Mezzanine
GROSS FLOOR AREA Main Floor 7,200 SF
2nd Floor 6,600 SF
Mezzanine 1,200 SF
Total: 15,000 SF
RENTABLE AREA 13,824 SF
see brochure for breakdown
BASIC CONSTRUCTION Concrete block with wood frame and steel seismic bracing
PRICE $4,500,000

The Opportunity

CBRE Limited is pleased to present an exceptional property in Victoria's vibrant Downtown core which would appeal to both an owner-occupier or to an investor/ developer. Originally built in 1920 and home to Hermann’s the oldest Jazz club in Canada, the building was substantially reconstructed in 2001 and included upgrades to the roof, plumbing, electrical, HVAC and seismic upgrading.

The current zoning allows for a wide variety of uses and the building is fully improved with multiple entertaining areas and kitchen facilities. The building also includes several liquor and food primary licenses with a total capacity of 630 seats.

The property is located in the heart of the Central Business District in Downtown Victoria. This highly desirable location fronts the high traffic corridor View Street and is directly across from the spectacular heritage landmark St Andrews Cathedral. Victoria’s retail-dense downtown core is comprised of a diverse range of retailers, from trendy independent shops, to major restaurant, clothing and entertainment franchises.

PROPERTY DETAILS

ZONING

CBD-1: Central Business District 1; review brochure for a list of permitted uses.

DENSITY

Curent Zoning: 3:1 (CBD-1)
OCP Designation: Up to 6:1 (Core Business)

MAXIMUM BUILDING HEIGHT

43 m

LICENSES
Ground Floor - Jazz Club: 150 seats - food primary
Ground Floor - Pub: 80 seats - liquor primary
2nd Floor - 340 seats - liquor primary
Mezzanine - 60 seats - liquor primary

Walk
Score

100

Transit Score
76

Transit Score

Bike
Score

74

Property Photos