About this Retail in Downtown, Victoria

A rare opportunity to acquire two side by side commercial retail units at 1011 Johnson St . The ability to occupy one unit while leasing out the other for additional revenue makes this an attractive option for owner operators and both units can be delivered vacant on possession. For investors the projected cap rate is 5% when leased out. The units are demised into a 1255 sq ft unit and a smaller 355 sq ft unit. Both units have their own private entrances and a share an accessible washroom with shower. The units benefit from great street frontage on to Johnson St and have large floor to ceiling retail windows which allows for great natural light and signage opportunities. With the Harris Green area seeing densification on nearly every corner, these units will continue to benefit from increased vehicular and pedestrian traffic for years to come.

Listed by Pemberton Holmes - Cloverdale.