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.
Address
487 Burnside Rd E
List Price
$1,850,000
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
1044056
Listing Brokerage
Coldwell Banker Oceanside Real Estate
Postal Code
V8T 2X3
Tax Amount
$47,085.00
Tax Year
2026
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