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2950 Douglas St, Victoria, BC, V8T 4N4

MLS® # 1016015
Commercial For Sale In Burnside, Victoria, British Columbia
$23,500,000 QuickQuoteTM: Not Available

None Beds

2950 Douglas St, Victoria, BC
2950 Douglas St, Victoria, BC
2950 Douglas St, Victoria, BC
2950 Douglas St, Victoria, BC
2950 Douglas St, Victoria, BC
2950 Douglas St, Victoria, BC
2950 Douglas St, Victoria, BC
2950 Douglas St, Victoria, BC
2950 Douglas St, Victoria, BC
2950 Douglas St, Victoria, BC
2950 Douglas St, Victoria, BC
2950 Douglas St, Victoria, BC
2950 Douglas St, Victoria, BC
2950 Douglas St, Victoria, BC
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MULTIMEDIA

2950 Douglas St, Victoria, BC, V8T 4N4
$23,500,000

Property Information:

NAI Commercial is pleased to present the opportunity to acquire a centrally located grocery anchored neighbourhood shopping centre, fully leased with a mix of national and regional tenants. Situated on 2.2 acres comprised of two parcels, included is an additional parking lot prime for redevelopment. Douglas Shopping Centre is located between Burnside Road E and Douglas Street/Highway 1, which is the main arterial route between Victoria and Saanich. Situated close to residential neighbourhoods, industrial, office and other retail hubs, the property is easily accessible by car, public transit and cycling routes. Showcasing a variety of long-standing commercial Tenants, don't miss the opportunity to own an asset that has not come to the market in thirty five years with significant future redevelopment potential. An NDA has been provided in the supplements for access to the data room.

Property Features:

  • Annual Tax Amount: $424,101
  • Floor Space (approx): 55925 Square Feet
  • Lot Frontage: 108403 Square Feet
  • Lot Size: 2.20 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Retail
  • Zoning: C-1
  • No. of Parking Spaces: 182

Courtesy of: NAI Commercial (Victoria) Inc.

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.

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Market Price Trends

All Properties

-1.09%

Price change (1 year)

30.69%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 2950 Douglas St, Victoria, BC, V8T 4N4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

22 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

22 hot days expected in 2050

25/100

Moderate-Low

ClimateCheck®

Current data

This property, 2950 Douglas St , experiences 7 hot days per year at around 27.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 22 hot days at 30.4 degrees Celsius.

Projected Avg. Temperature

Past
27.5℃
2050
30.4℃

# Hot Days Per Year

Past
7
2050
22

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

86/100

High

ClimateCheck®

Current data

This property, 2950 Douglas St , experiences 12 significant 2-day storms per year, with about 494.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 567mm of precipitation per year.

Precipitation Per Storm

Past
494.1mm
2050
567mm

48-Hour Storms Per Year

Past
12
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 2950 Douglas St, Victoria, BC, V8T 4N4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$100,324.80

Average Number of Children

1.48

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.87 %

High school certificate or equivalent

26.16 %

Apprenticeship trade certificate/diploma

5.7 %

College/non-university certificate

22.59 %

University certificate (below bachelor)

3.28 %

University Degree

30.4 %

Commuter

Travel To Work

By Car

63.87 %

By Public Transit

11.33 %

By Walking

17.48 %

By Bicycle

5.16 %

By Other Methods

2.16 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

83.17 %

Houses

16.83 %

Own Vs. Rent

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