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102 1830 Island Hwy
Co Colwood Corners Colwood V9B 1J2

$1,590,000
Commercial Sale built: 1981

Main Photo: 102 1830 Island Hwy in Colwood: Co Colwood Corners Retail for sale : MLS®# 985396
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
985396
Year Built:
1981
Court Ordered Sale - The subject property is a 4,315 SF retail strata warehouse constructed in 1981, with a 1,643 SF mezzanine office and storage area (660 SF respectively) , and a washroom, and 4 offices. The Warehouse is serviced by 2 roll up 10x12 bay doors. There are a total of five strata units in the complex - known as the Pacific Rim Center on the Colwood strip - and the property is zoned CS-1 (service commercial). The City of Colwood Official Community Plan designates the existing use for the property as "Colwood Corners, Commercial. " The propery is being sold as-is-where-is and all offers are subject to Court approval.
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Building
Year built:
1981 (Age: 44)
Lease Rate:
34.48
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Co Colwood Corners, Colwood
Bathrooms:
- (Full:-/Half:-)
Lot Size:
4,315 sq. ft.
Taxes:
Building Features:
High Traffic Area, Loading Bay(s), Parking, Shopping Nearby
Construction:
Block, Concrete, Stucco & Siding
Foundation:
Concrete Perimeter
Number of Storeys:
1
Ceiling Heights:
Door Features:
Warehouse Doors: 2
Floor finish:
Concrete, Wood
Total Building Area:
4,315 sq. ft.
Leasable Area:
4,315 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric, Forced Air, Natural Gas
Fireplace:
No
Pending Date:
Awning(s)
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Colwood
Legal Description:
Units in Building:
Units in Community:
Occupancy:
Tenant
Lot Site Features:
Central Location, Easy Access, Irregular Lot, Landscaped, Serviced
Parking Features:
On Site
Total Parking Spaces:
5
Road Frontage Type:
Highway
Road Surface Type:
Paved
Total Units:
Date Listed:
Jan 22, 2025
Original Price:
1590000.0
  • Photo 1: 102 1830 Island Hwy in Colwood: Co Colwood Corners Retail for sale : MLS®# 985396
    Photo 1 of 1
Listed by NAI COMMERCIAL
Data was last updated April 28, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$2,450,000
Min list price:
$650,000
Max list price:
$8,900,000
Avg days on market:
157
Min days on market:
45
Max days on market:
235
These statistics are generated based on the current listing's property type and located in Colwood. Average values are derived using median calculations.

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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.