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487 Burnside Rd E, Victoria
2026-07-25
Quick Summary
MLS®#1044056
Property Description
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 17â6â clear height and a generous 10â x 12â exterior door. The property is currently leased on a month-to-month basis. Buyers can provide six monthsâ 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 â please verify independently. Buyers should conduct their own due diligence regarding use and expansion possibilities with the municipality. (id:32467)
Property Features
Building
- Cooling Type: Air Conditioned, Fully air conditioned
- Fireplace: No
Features
- Feature: Central location, Curb & gutter, Other
Land
- Land Size: 13348 sqft
Ownership
- Type: Freehold
Zoning
- Description: M1, M2
Information entered by Coldwell Banker Oceanside Real Estate
Listing information last updated on: 2026-07-24 17:27:52
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
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Valentino Prundaru REALTOR®, Licensed Real Estate Agent
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