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Saanich East All Real Estate and Homes for Sale $400K-$500K

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103 3994 Shelbourne St
SE Mt Doug Saanich V8N 3E2

$499,999
Commercial Sale built: 1985

Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1003342
Year Built:
1985
Well-established Asian restaurant for sale in a prime location! Located near both vibrant residential communities and the University of Victoria, this popular restaurant enjoys a steady stream of loyal customers and strong local recognition. Known for its delicious food and generous portions, the restaurant features a spacious, welcoming dining area ideal for both casual meals and group gatherings. A rare opportunity to take over a thriving business with proven success and growth potential. Come make it your DESTINED business! Do not approach staff or business owner regarding the sale of the business.*
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Year built:
1985 (Age: 40)
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
SE Mt Doug, Saanich East
Bathrooms:
- (Full:-/Half:-)
Lot Size:
3,766 sq. ft.
Taxes:
Building Features:
Fire Alarm, Fire Sprinklers, Handicap Facilities, High Traffic Area, Kitchen/Staff Room, Loading Bay(s), Public Restroom(s), Storage Room, Transit Nearby
Construction:
Concrete
Electricity:
Yes
Ceiling Heights:
Floor finish:
Carpet, Concrete
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
Other
Heating:
Baseboard
Fireplace:
No
Pending Date:
Equip/Machinery, Fixtures, Franchise, Goodwill, Leasehold Improvements, Parking, Trade Name(s)
Security System, Sign: Lighted, Signband, Wheelchair Access, See Remarks
Pls Do Not Talk To Staff or Owners
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Zoning:
C3
Units in Building:
Units in Community:
Other Equipment:
Other Improvements
Utilities:
Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected
Lot Site Features:
Sidewalk, See Remarks
Parking Features:
On Site
Total Parking Spaces:
0
Business Name:
Lee's House Restaurant
Business Type:
Restaurant/Bar
Total Units:
Date Listed:
Jun 12, 2025
Original Price:
499999.0
Listed by Pemberton Holmes Ltd.
Data was last updated July 10, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$1,124,500
Min list price:
$80,000
Max list price:
$11,300,000
Avg days on market:
104
Min days on market:
10
Max days on market:
648
These statistics are generated based on the current listing's property type and located in Saanich East. Average values are derived using median calculations. This data is not produced by the MLS® system.
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.