487 Burnside Rd E

$1,850,000

487 Burnside Rd E

Victoria, BC

Type
Industrial
Status
Active
MLS®
1044056

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:66946)

Features

central locationcurb & gutterother

Listing courtesy of Coldwell Banker Oceanside Real Estate. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.

487 Burnside Rd E — $1,850,000 · Remaimai