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Listed by Kane Ryan Pemberton Holmes Ltd.
$ 2,880,000
Est. payment | /mo
4,992 SqFt
$ 2,880,000
Est. payment | /mo
4,992 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,992 sqft
Price per Sqft $576
MLS Listing ID 1053729
HOA Y/N No
Annual Tax Amount $68,392
Tax Year 2026
Property Sub-Type Retail
Property Description
An excellent opportunity to acquire a nearly 5,000 sq ft commercial strata unit in the rapidly developing
Shelbourne corridor. Unit 103 offers prominent street frontage, strong exterior signage opportunities, and access to a large
shared parking lot with ample customer parking, plus a rear area for staff parking and loading. It sits next to the newly redeveloped University Heights Shopping Centre, which is adding nearly 600 new rental apartments to an already busy, well-established commercial area. The unit is demised into two separate spaces. The approx. 3,766 sq ft restaurant space is fully built out, with a 20 ft commercial hood system and a food-primary liquor licence for approx. 90 guests.
The second space is leased to a professional tenant on a long-term lease, providing stable, reliable income. A great opportunity for a restaurant group looking to own their own property, plus the benefit of an income-generating unit. The restaurant unit can be provided vacant on possession.
Shelbourne corridor. Unit 103 offers prominent street frontage, strong exterior signage opportunities, and access to a large
shared parking lot with ample customer parking, plus a rear area for staff parking and loading. It sits next to the newly redeveloped University Heights Shopping Centre, which is adding nearly 600 new rental apartments to an already busy, well-established commercial area. The unit is demised into two separate spaces. The approx. 3,766 sq ft restaurant space is fully built out, with a 20 ft commercial hood system and a food-primary liquor licence for approx. 90 guests.
The second space is leased to a professional tenant on a long-term lease, providing stable, reliable income. A great opportunity for a restaurant group looking to own their own property, plus the benefit of an income-generating unit. The restaurant unit can be provided vacant on possession.
Location
Province BC
County Capital Regional District
Community Se Mt Doug
Area Saanich East
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N No
Garage No
Others
Ownership Freehold/Strata
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.
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