Victoria · Commercial Sale · MLS® 1044056

487 Burnside Rd, Victoria

$1,850,000

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.

Features & details

DDF Property Type Industrial
Land Size 13,348 sq ft
Feature Central location
Feature Curb & gutter
Feature Other
Property Type Industrial
Heating Baseboard,Electric,Heat Pump,Natural Gas
Cooling Air Conditioning,HVAC
Water Source Municipal
Sewer Sewer Connected
Flooring Mixed
Foundation Slab
Zoning M1, M2

Location

Brokerage Listed by Coldwell Banker Oceanside Real Estate. Information is deemed reliable but not guaranteed.