An excellent opportunity to acquire a nearly 5,000 sq ft commercial strata unit in the rapidly developing Shelbourne corridor. Unit 103 offers prominent street frontage, strong exterior signage opportunities, and access to a large shared parking lot with ample customer parking, plus a rear area for staff parking and loading. It sits next to the newly redeveloped University Heights Shopping Centre, which is adding nearly 600 new rental apartments to an already busy, well-established commercial area. The unit is demised into two separate spaces. The approx. 3,766 sq ft restaurant space is fully built out, with a 20 ft commercial hood system and a food-primary liquor licence for approx. 90 guests. The second space is leased to a professional tenant on a long-term lease, providing stable, reliable income. A great opportunity for a restaurant group looking to own their own property, plus the benefit of an income-generating unit. The restaurant unit can be provided vacant on possession. (id:24212)
- Full Address:
- 103 3994 Shelbourne Street, Saanich, British Columbia
- Price:
- $ 2,880,000
- MLS Number:
- 1053729
- List Date:
- November 4th, 2026
- Neighbourhood:
- Mt Doug
- Building Size:
- 4992 sq.ft.
- Taxes:
- $ 68,392
- Ownership Type:
- Condo/Strata
Property Specifications
Interior Features
- Building Size:
- 4992 sq.ft.
- Zoning:
- Unknown
Building Features
Floors
Land
Neighbourhood Features
Ratings
Commercial Info
- Business Type:
- Restaurant, Retail and Wholesale
Location
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Agent: Kane RyanBrokerage: Pemberton Holmes Ltd.
Phone: 250-986-8900
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