An excellent opportunity to acquire 3 fully leased industrial strata units offering a 5.7% cap rate and significant rental upside. The offering also includes a 2-bed residential unit. Representing half of the six-unit complex and a 66% interest in the overall property, these well-maintained units comprise approx. 10,685 sqft. of combined interior space and 30 designated parking stalls. All 3 strata units are occupied by long-term tenants at below-market rental rates, providing an opportunity for income growth upon renewal. The strata complex sits on nearly 30,000 sq. ft. of land with convenient access to BC Ferries, the Airport, Sidney and Victoria. Access from both Malaview Ave and a rear laneway supports efficient circulation and loading. Each industrial unit features grade-level bay doors,12 or 14 feet and full-height mezzanines, accommodating a wide range of businesses under the M1 zoning. An attractive investment with established tenancy, a residential component and future upside.
Data was last updated October 30, 2026 at 02:05 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$800,000
Min list price:
$134,000
Max list price:
$4,200,000
Avg days on market:
127
Min days on market:
52
Max days on market:
365
These statistics are generated based on the current listing's property type
and located in
Sidney. Average values are
derived using median calculations. This data is not produced by
the MLS® system.