487 Burnside E Rd, Victoria, BC V8T 2X3
- $1,850,000
Courtesy of Coldwell Banker Oceanside Real Estate
- List Price
- $1,850,000
- Status
- ACTIVE
- MLS®
- 1044056
- Property Type
- Commercial
- Acres
- 0.30
- Lot Size
- 13,348
- District
- Victoria
- Neighbourhood
- Vi Burnside
Property Description
This versatile, high-utility industrial building is presently demised into two separate rental units with their own ground-level entrances. It offers excellent flexibility for owner-operators or investors, featuring a mezzanine level, offices, a boardroom, and a spacious rear exterior shop/open storage yard complete with two powered sea cans. Total building area is approx. 7,820 sq ft, plus a 497 sq ft Quonset hut. The workshop boasts an impressive 17’6” clear height and a generous 10’ x 12’ exterior door. The property is currently leased on a month-to-month basis. Buyers can provide six months’ notice (from final subject removal) for vacant possession, or renegotiate leases to maintain steady income. Located in a rapidly redeveloping area with strong future growth potential. Do not approach existing tenants. All measurements are approximate — please verify independently. Buyers should conduct their own due diligence regarding use and expansion possibilities with the municipality.
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Additional Information
- Lot Features
- Central Location, Curb & Gutter, Serviced, Shopping Nearby, Sidewalk
- Heating
- Baseboard, Electric, Heat Pump, Natural Gas
- Flooring
- Mixed
- Exterior Features
- Fencing: Partial, Lighting, Low Maintenance Yard, Sign: Allowed, Sign: Dir Brd, Sign: Lighted, Sign: Pylon, Storefront
- Parking Type
- On Site
- Taxes
- $47,085
- Rentals Allowed
- Unrestricted
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