487 Burnside Rd E, Victoria, British Columbia V8T 2X3

Listed for:
$1,850,000
0 beds
0 baths
Listed 2 days ago
487 Burnside Rd E, Victoria, British Columbia V8T 2X3

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About

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. (id:27476)

Property Highlights

MLS® Number
1044056
Type
Industrial
Ownership Type
Freehold
Land Size
13348 sqft

Building

Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters, Heat Pump
Heating Fuel
Electric, Natural gas
Building Cooling Type
Air Conditioned, Fully air conditioned

Location

Learn more about this property
Listing provided by:
Coldwell Banker Oceanside Real Estate
MLS® number:
1044056
Agent:
Andrew Roberts
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