487 Burnside Rd E, Victoria, BC V8T 2X3 - MLS#1022587

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Mark Koch PREC*

mark@markkoch.ca +1(250) 714-6959

$2,395,000

Est. payment - /mo

0.3 Acres Lot

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Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1022587

Rental Info Unrestricted

Annual Tax Amount $48,898

Tax Year 2025

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Industrial

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.

Location

Province BC

County Capital Regional District

Area Vi Burnside

Zoning M1, M2

Interior

Heating Baseboard, Electric, Heat Pump, Natural Gas

Cooling Air Conditioning, HVAC

Flooring Mixed

Heat Source Baseboard, Electric, Heat Pump, Natural Gas

Exterior

Exterior Feature Fencing: Partial, Lighting, Low Maintenance Yard, Sign: Allowed, Sign: Dir Brd, Sign: Lighted, Sign: Pylon, Storefront

Parking On Site 1

Building

Lot Description Central Location, Curb & Gutter, Serviced, Shopping Nearby, Sidewalk

Building Description Block,Frame Wood, High Traffic Area,Parking,Shopping Nearby,Transit Nearby

Foundation Slab

Sewer Sewer Connected

Water Municipal

Structure Type Block,Frame Wood

Others

Pets Allowed Yes

Tax ID 027-799-018

Ownership Freehold

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Listed by Coldwell Banker Oceanside Real Estate

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