536 Yates, Victoria, British Columbia V8W1K8

Prominently situated on lower Yates Street, in Downtown Victoria, just steps from Wharf Street, where some of Victoria's best retail, residential and recreation are to be found along with a selection of the citys most vibrant entertainment and nightlife.536 Yates was built in the 1850s the Daniel Webster building and restored to award-winning Heritage standard and 538 Yates Street TB Pearson and Coy was built in 1910 with full seismic, fire and life safety upgrades.These Premium Victoria heritage properties with brick, arched windows and attractive cornices bolster both properties' curb appeal. The side-by-side, two-story registered heritage buildings offer significant in-place income, flexible lease terms and tremendous upside potential.Coveted location with frontage on lower Yates and steps from Wharf Street in the heart of the entertainment and restaurant district.Lease stability with long-term tenants and flexibility to individualize future lease terms specific to your investment strategy.Small format commercial retail units ensuring maximum income potential.Large format residential units (2-3 bedrooms units) with ensuite storage all with large balconies, perfect for Air BnB or longer-term rentals.Both buildings have been recently revitalized with renovations and seismic upgrades, providing a hands-free property that is easy to manage, and minimal upkeep.