487 Burnside E Rd, Victoria, BC V8T 2X3
- $1,800,000
Courtesy of Coldwell Banker Oceanside Real Estate
- List Price
- $1,800,000
- Status
- ACTIVE
- MLS®
- 1022587
- Price Change
- ▼ $350,000 1775612203
- Property Type
- Commercial
- Acres
- 0.30
- Lot Size
- 13,348
- District
- Victoria
- Neighbourhood
- Vi Burnside
Property Description
Owner-operator opportunity with potential for additional tenancies if desired. This versatile, high-utility building includes two ground-level units with separate entrances, mezzanine, dedicated offices, boardroom, and rear exterior shop with two powered sea cans. Expandable via rear yard (approx. 2,770 sq ft). Offers ~7,820 sq ft floor area plus 497 sq ft Quonset hut on rear lot. Ideal for investors or owner-occupiers with flexible options: six months’ notice to month-to-month tenants (from final subject removal) for vacancy, or renegotiate leases for income. Workshop: 17’6” height, 10’x12’ exterior door. In a rapidly redeveloping area with strong future growth potential. Do not approach tenants. All measurements approximate; verify independently. Buyers to conduct due diligence on expansion with municipality.
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
- $47,084
- Rentals Allowed
- Unrestricted
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