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For Sale
$1,850,000
MLS® 1044056
487 Burnside Rd E
Victoria, British Columbia, V8T2X3
- Interior
- 8,317 sqft
- Property type
- Industrial
- Building
- Industrial
- Lot size
- 13348 square feet
- Ownership
- Freehold
Property facts
- Interior
- 8,317 sqft
- Property type
- Industrial
- Building
- Industrial
- Transaction
- For Sale
- Lot size
- 13348 square feet
- Ownership
- Freehold
About this property
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. (id:53361)