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[Mike K.]

Colliers International has been chosen as a broker to sell the Fairfield Block, a building built in 1912 on the corner of Douglas and Cormorant streets.
 
 

Land Area: 10,800 SF    Building Area: 26,200 SF    Sale Price: $3,540,000.00
 

 
Description
Colliers International is pleased to introduce the Fairfield Block to the market for the first time since it was constructed in 1912. This historic building features six retail units, four fronting Douglas Street and two along Cormorant Street, with two floors of transient accommodation above.
 
The Fairfield Block is prominently located on the corner of Douglas Street and Cormorant Street directly across from Centennial Square and City Hall.
 
The northern part of downtown Victoria continues to transform with the gentrification of the former Hudson’s Bay store into a mixed-use residential and retail complex, housing Greater Victoria’s only public market, and the construction of Hudson Mews, both by Townline Properties; plus, the development of "1515", a two-building, office and retail complex that Jawl Properties is proposing for the property immediately to the south of the Fairfield Block. When complete, "1515" will total approximately 287,000 square feet adding considerable vibrancy to this sector of downtown Victoria.
 
The subject property is within walking distance to Victoria’s world-famous Inner Harbour, theatres, sports venues, historic China Town, Old Town and all the associated amenities that downtown Victoria offers.
 
The vendor will consider providing vacant occupancy with respect to the hotel units.
 
Property Features
- Six main floor retail units with two floors of transient accommodations above
- Frontage along Douglas Street is ±90’ with a return frontage of ±120’ along Cormorant Street
-  Additional Residential Density available which is not subject to Density Bonus consideration

http://colliersinter...ik-jrhtlrklk-d/

[29er Radio]

its been on the market for about 2 months now