LOADING

487 Burnside Rd E Victoria, British Columbia V8T 2X3

Air Conditioned, Fully Air Conditioned Baseboard Heaters, Heat Pump

$1,850,000

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:55599)

Property Details

MLS® Number 1044056
Property Type Industrial
Neigbourhood Burnside
Features Central Location, Curb & Gutter, Other
Plan Vip86217
Sign Type Pylon, Directory Board

Building

Cooling Type Air Conditioned, Fully Air Conditioned
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Heat Pump
Size Exterior 8317 Sqft

Land

Access Type Road Access
Acreage No
Size Irregular 13348
Size Total 13348 Sqft
Size Total Text 13348 Sqft
Zoning Description M1, M2
Zoning Type Unknown

https://www.realtor.ca/real-estate/30076161/487-burnside-rd-e-victoria-burnside

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