#1,2,5 2061 Malaview Ave
Si Sidney South-West
Sidney
V8L 5X6
$2,400,000
Commercial Sale
built: 1988
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1053442
- Year Built:
- 1988
- Photos (22)
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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.
- Property Type:
- Commercial Sale
- Type:
- Industrial
- Commercial Type:
- Building
- Year built:
- 1988 (Age: 38)
- Lease Type:
- Sale Of Shares
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Si Sidney South-West, Sidney
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0 sq. ft.0 m2
- Taxes:
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- Number of Storeys:
- 2
- Ceiling Heights:
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- Total Building Area:
- 10,685 sq. ft.993 m2
- Commercial Area:
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- Fireplace:
- No
- Pending Date:
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- Main Level
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- Town of Sidney
- Legal Description:
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- Parking Features:
- On Site
- Total Parking Spaces:
- 30
- Total Units:
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- Date Listed:
- Oct 30, 2026
- Original Price:
- 2400000.0
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Listed by Pemberton Holmes Ltd.
Data was last updated November 1, 2026 at 10:05 AM (UTC)
Area Statistics
- Listings on market:
- 14
- Avg list price:
- $807,500
- Min list price:
- $134,000
- Max list price:
- $4,200,000
- Avg days on market:
- 129
- Min days on market:
- 2
- Max days on market:
- 367
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.
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- Exp Realty Inc
- 1-778-401-9545
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The information is from sources deemed reliable, but should not be relied upon without independent verification.
