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.
Address
487 Burnside Rd E
List Price
$2,395,000
Property Type
Commercial Sale
Type of Dwelling
Industrial
Transaction Type
Sale
Area
Victoria
Sub-Area
Vi Burnside
Lot Size
13348 Sq. Ft.
Lot Size (Acres)
0.3 Ac.
MLS® Number
1022587
Listing Brokerage
Coldwell Banker Oceanside Real Estate
Postal Code
V8T 2X3
Tax Amount
$48,898.45
Tax Year
2025
Features
Baseboard, Electric, Heat Pump, Mixed, Natural Gas
Amenities
Central Location, Curb & Gutter, Fencing: Partial, Lighting, Low Maintenance Yard, Serviced, Shopping Nearby, Sidewalk, Sign: Allowed, Sign: Dir Brd, Sign: Lighted, Sign: Pylon, Storefront