487 E Burnside Rd
Vi Burnside Victoria V8T 2X3

$1,850,000
Commercial Sale

Main Photo: 487 E Burnside Rd in Victoria: Vi Burnside Industrial for sale : MLS®# 1044056
Photo 1: 487 E Burnside Rd in Victoria: Vi Burnside Industrial for sale : MLS®# 1044056
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1044056
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
Listing General Location:
Vi Burnside, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
13,348 sq. ft.
Building Features:
High Traffic Area, Parking, Shopping Nearby, Transit Nearby
Construction:
Block, Frame Wood
Foundation:
Slab
Floor finish:
Mixed
Total Building Area:
8,317 sq. ft.
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Air Conditioning, HVAC
Heating:
Baseboard, Electric, Heat Pump, Natural Gas
Fireplace:
No
Fencing: Partial, Lighting, Low Maintenance Yard, Sign: Allowed, Sign: Dir Brd, Sign: Lighted, Sign: Pylon, Storefront
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Victoria
Zoning:
M1, M2
Occupancy:
Tenant
Lot Site Features:
Central Location, Curb & Gutter, Serviced, Shopping Nearby, Sidewalk
Parking Features:
On Site
Road Surface Type:
Paved
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 25, 2026 at 12:05 AM (UTC)
Area Statistics
Listings on market:
123
Avg list price:
$1,075,000
Min list price:
$30,000
Max list price:
$9,200,000
Avg days on market:
90
Min days on market:
2
Max days on market:
517
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.
JERAD DANIELS
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.