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. (id:24212)
- Full Address:
- 487 Burnside Road East, Victoria, British Columbia
- Price:
- $ 2,395,000
- MLS Number:
- 1022587
- List Date:
- January 8th, 2026
- Neighbourhood:
- Burnside
- Building Size:
- 8317 sq.ft.
- Lot Size:
- 13348 ac
- Taxes:
- $ 48,898
- Ownership Type:
- Freehold
Property Specifications
- Air Conditioning:
- Fully air conditioned, Air Conditioned
- Heating:
- Heat Pump, Baseboard heaters, Electric, Natural gas
Interior Features
- Building Size:
- 8317 sq.ft.
- Zoning:
- Unknown
Building Features
Floors
- Lot Size:
- 13348 ac
- Lot Features:
- Central location, Curb & gutter, Other
Land
Neighbourhood Features
Ratings
Commercial Info
Location
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Agent: Andrew RobertsBrokerage: Coldwell Banker Oceanside Real Estate
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