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Restored rental complex, home to Yates Street Taphouse and Foo eatery, listed for sale

The recently restored 97-unit Dominion Rocket Residences rental complex, with ground floor commercial units that include the popular Yates Street Taphouse, has been listed for sale.  Citified.ca.

Restored rental complex, home to Yates Street Taphouse and Foo eatery, listed for sale
MIKE KOZAKOWSKI, CITIFIED.CA

Dominion Rocket Residences, a recently restored 97-unit apartment complex with ground floor commercial space in the 800-block of Yates Street, has been listed for sale.

The former hotel underwent extensive interior and exterior renovations between 2013 and 2015, transforming the heritage building from a transient accommodation to a mix of mostly studio and one-bedroom apartment units.

Rocket’s ground floor commercial spaces are home to Yates Street Taphouse, a Liquor Express liquor outlet and Foo, an eatery situated in a single-storey extension fronting onto the building’s surface parking lot. All three are expected to remain on as tenants should a change of ownership occur.

The Victoria office of commercial brokerage firm CBRE is brokering the sale and has listed the property at $19.1 million. Several years prior, the Dominion Hotel reportedly sold for $7 million.

The surface parking lot has been eyed as a food truck space and a location for local events, the first of which is planned for the weekend of June 25th. C

 

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