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$13,500,000
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1802 Government St, Victoria, BC

Real Estate

For Sale

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  • Key Facts
  • Description
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Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $127,677
Days Active 1
Approx. Age 1910
MLS® Number 1004379

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Devon Properties and Avison Young Victoria are pleased to present for sale the Lim Dat Building — a fully revitalized landmark investment opportunity located in the heart of Victoria’s historic Old Town. Comprising 24 residential units and 11 commercial units with frontage along Government Street, the Lim Dat Building seamlessly blends heritage architecture with modern upgrades. The Lim Dat Building is celebrated as the longest-standing building in Victoria’s Chinatown and has undergone nearly $1.8 million in capital improvements since 2015. The property offers a mix of stabilized and value-add tenancies, with below-market rents and renovation potential in select units, presenting a rare chance to acquire a character-rich asset with income growth potential. This is a unique opportunity to invest in one of Victoria’s most vibrant, high-traffic corridors, anchored by strong retail demand, exceptional walkability, and a rich cultural legacy.Show Description
MLS® Number1004379
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1910
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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