106 Superior Street, James Bay Victoria

Description

Built in 1912 as the Connaught Seamen’s Institute, this heritage-designated mixed-use building offers an investment opportunity in Victoria’s sought-after James Bay neighbourhood. Steps from Fisherman’s Wharf and within walking distance of the Inner Harbour and downtown, 106 Superior St combines historic character, diversified rental income and potential for owner occupancy. The approx. 8,507 sq. ft. building includes two commercial units and two residential suites. Il Covo Trattoria anchors the property with an established restaurant and exceptional garden patio, while Studio 106 offers bright gallery/retail space with prominent frontage and a street-front patio. Residential accommodation includes a spacious three-bedroom apartment with a 540 sq. ft. rooftop deck and a large lower-level studio suite. Set on an approx. 7,962 sq. ft. lot with on-site parking, the property benefits from scheduled commercial rent increases and numerous recent upgrades. (id:39198)