487 Burnside Rd E
Victoria, British Columbia
MLS® 1044056
$1,850,000
- Status
- Active
- Property type
- Industrial
- MLS® number
- 1044056
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 40Listing 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.
Property summary
- MLS® number
- 1044056
- Property type
- Industrial
- Title
- Freehold
- Land size
- 13348 square feet
- Annual property taxes
- $47,085.00
- Days on market
- 20 days
Features & details
- Heating
- Heat Pump, Baseboard heaters, Electric, Natural gas
- Cooling
- Fully air conditioned, Air Conditioned
- Lot features
- Central location, Curb & gutter, Other
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Coldwell Banker Oceanside Real Estate, Victoria.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.