Commercial Real Estate
487 E Burnside Rd
Vi Burnside
Victoria
V8T 2X3
$1,850,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1044056
- Photos (39)
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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.
- Property Type:
- Commercial Sale
- Type:
- Industrial
- Commercial Type:
- Building, Land
- Lease Type:
- Sale of Assets
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Vi Burnside, Victoria
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 13,348 sq. ft.1,240 m2
- Taxes:
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- Building Features:
- High Traffic Area, Parking, Shopping Nearby, Transit Nearby
- Construction:
- Block, Frame Wood
- Foundation:
- Slab
- Ceiling Heights:
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- Floor finish:
- Mixed
- Total Building Area:
- 8,317 sq. ft.773 m2
- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- Air Conditioning, HVAC
- Heating:
- Baseboard, Electric, Heat Pump, Natural Gas
- Fireplace:
- No
- Pending Date:
- Signup
- Fencing: Partial, Lighting, Low Maintenance Yard, Sign: Allowed, Sign: Dir Brd, Sign: Lighted, Sign: Pylon, Storefront
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Lot Site Features:
- Central Location, Curb & Gutter, Serviced, Shopping Nearby, Sidewalk
- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Jul 24, 2026
- Original Price:
- 1850000.0
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Listed by Coldwell Banker Oceanside Real Estate
Data was last updated July 31, 2026 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 124
- Avg list price:
- $1,077,490
- Min list price:
- $30,000
- Max list price:
- $9,200,000
- Avg days on market:
- 94
- Min days on market:
- 2
- Max days on market:
- 524
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- BCHOMEGROUP.CA
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
