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2474 & 2480 BEACON AVENUE, SIDNEY, BC
Fully Occupied Building FOR SALE > RETAIL BUILDING IN DOWNTOWN SIDNEY
FOR SALE > RETAIL BUILDING IN DOWNTOWN SIDNEY
Fully Occupied Building 2474 & 2480 BEACON AVENUE, SIDNEY, BC
Contact Us
PORT SIDNEY MARINA
GAIL REANEY +1 250 414 8387
[email protected] COLLIERS INTERNATIONAL 1175 Douglas Street, Suite 1110 Victoria, BC V8W 2E1 MAIN: +1 250 388 6454 FAX: +1 250 382 3564 www.collierscanada.com/victoria
MARINER MALL
BEACON AVENUE
BAY T A P H HIG
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2013. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Victoria).
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FOR SALE > RETAIL BUILDING IN DOWNTOWN SIDNEY
Fully Occupied Building 2474 & 2480 BEACON AVENUE, SIDNEY, BC
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Opportunity Colliers International is pleased to present for sale an attractive single storey fully occupied retail building in the heart of beautiful Sidney, BC.
Location The property is located on Beacon Avenue corridor, the main street bringing traffic from the Pat Bay Highway through the picturesque town of Sidney, a quaint, affluent seaside community. Sidney provides convenient access to both Victoria International Airport, as well as the BC Ferries Terminal at Swartz Bay, as well as the Anacortes Ferry, provides a direct route for American tourists tothe Port of Sidney. Fondly referred to as “Sidney by the Sea” the geography clearly defines the town and opportunities to acquire prominent sites in the town’s downtown core are rare.
Improvements The building was built in two stages and provides two separate retail units both with excellent frontage onto Beacon Avenue. The retail units are self contained and comprise 1,445 square feet and 1,400 square feet for a total building area of ±2,845 square feet situated on a 4,800-square-foot site. The building has a new roof, a new oil furnace services 2474 Beacon, and 2480 Beacon has electric heat. The storefront has recently been upgraded and creates an attractive, inviting street presence giving each retailer a unique look. Each side has 100 amp electrical service. There is excellent parking in the town owned parking lot to the rear of the property with access from an interlocking brick walkway to Beacon Avenue, as well as parking along the strip. The rear door of each retail unit opens to a small grassed rear yard which is separated with a fence to enable each retailer their own space. There is an interlocking brick walk way between the subject property and the neighbouring property to the east.
Site The site is fully serviced with approximately 48 feet fronting Beacon Avenue and 100 feet deep.
FEATURES
The site is level with the building covering the majority of the property leaving a small grassy back yard area for each of the retail units. There is access to the back yard by way of a new interlocking brick walkway between the building and the neighbouring property to the east.
Zoning C1 Commercial Zone allows for a number of uses, including, but not limited to: bank, retail sales, restaurant, convenience store, and personal services. The majority of the Town of Sidney enjoys this zoning.
2014 Assessment Land: Improvements: Total:
$627,000.00 $223,000.00 $850,000.00
2013 Property Taxes $15,583.00
Net Income $40,268
Purchase Price One Million, One Hundred and Fifty Thousand Dollars ($1,150,000.00) Nine Hundred and Ninety-Nine Thousand Dollars ($999,000.00)
> New roof in 2010 > Attractive new façade > Excellent positioning on Beacon Avenue > New oil furnace in 2474 Beacon > Fully occupied > Easy access to a parking lot as well as street parking > Convenient access to ferry and airport terminals
FOR SALE > RETAIL BUILDING IN DOWNTOWN SIDNEY
Fully Occupied Building 2474 & 2480 BEACON AVENUE, SIDNEY, BC
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U D E
D E C
Opportunity Colliers International is pleased to present for sale an attractive single storey fully occupied retail building in the heart of beautiful Sidney, BC.
Location The property is located on Beacon Avenue corridor, the main street bringing traffic from the Pat Bay Highway through the picturesque town of Sidney, a quaint, affluent seaside community. Sidney provides convenient access to both Victoria International Airport, as well as the BC Ferries Terminal at Swartz Bay, as well as the Anacortes Ferry, provides a direct route for American tourists tothe Port of Sidney. Fondly referred to as “Sidney by the Sea” the geography clearly defines the town and opportunities to acquire prominent sites in the town’s downtown core are rare.
Improvements The building was built in two stages and provides two separate retail units both with excellent frontage onto Beacon Avenue. The retail units are self contained and comprise 1,445 square feet and 1,400 square feet for a total building area of ±2,845 square feet situated on a 4,800-square-foot site. The building has a new roof, a new oil furnace services 2474 Beacon, and 2480 Beacon has electric heat. The storefront has recently been upgraded and creates an attractive, inviting street presence giving each retailer a unique look. Each side has 100 amp electrical service. There is excellent parking in the town owned parking lot to the rear of the property with access from an interlocking brick walkway to Beacon Avenue, as well as parking along the strip. The rear door of each retail unit opens to a small grassed rear yard which is separated with a fence to enable each retailer their own space. There is an interlocking brick walk way between the subject property and the neighbouring property to the east.
Site The site is fully serviced with approximately 48 feet fronting Beacon Avenue and 100 feet deep.
FEATURES
The site is level with the building covering the majority of the property leaving a small grassy back yard area for each of the retail units. There is access to the back yard by way of a new interlocking brick walkway between the building and the neighbouring property to the east.
Zoning C1 Commercial Zone allows for a number of uses, including, but not limited to: bank, retail sales, restaurant, convenience store, and personal services. The majority of the Town of Sidney enjoys this zoning.
2014 Assessment Land: Improvements: Total:
$627,000.00 $223,000.00 $850,000.00
2013 Property Taxes $15,583.00
Net Income $40,268
Purchase Price One Million, One Hundred and Fifty Thousand Dollars ($1,150,000.00) Nine Hundred and Ninety-Nine Thousand Dollars ($999,000.00)
> New roof in 2010 > Attractive new façade > Excellent positioning on Beacon Avenue > New oil furnace in 2474 Beacon > Fully occupied > Easy access to a parking lot as well as street parking > Convenient access to ferry and airport terminals
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2474 & 2480 BEACON AVENUE, SIDNEY, BC
Fully Occupied Building FOR SALE > RETAIL BUILDING IN DOWNTOWN SIDNEY
FOR SALE > RETAIL BUILDING IN DOWNTOWN SIDNEY
Fully Occupied Building 2474 & 2480 BEACON AVENUE, SIDNEY, BC
Contact Us
PORT SIDNEY MARINA
GAIL REANEY +1 250 414 8387
[email protected] COLLIERS INTERNATIONAL 1175 Douglas Street, Suite 1110 Victoria, BC V8W 2E1 MAIN: +1 250 388 6454 FAX: +1 250 382 3564 www.collierscanada.com/victoria
MARINER MALL
BEACON AVENUE
H BAY PAT IGH Y WA
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2013. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Victoria).