555 Hillside Ave - Flex FOR SALE


Victoria, BC V8T 1Y8
$1,450,000 CAD
250-415-3287
555 Hillside Ave, Victoria, BC for Sale
$1,450,000 CAD
Flex - FOR SALE
1/8
null | Request Cap Rate

555 Hillside Ave
Victoria, BC V8T 1Y8


HIGHLIGHTS

  • Standalone industrial building in Victoria's Rock Bay district.
  • Opportunity for investment ownership with owner-occupier potential.
  • Main level includes warehouse and office accommodation.
  • Upper level currently leased on a flexible basis.
  • Dedicated front parking area serves building occupants and visitors.
  • Convenient access to Downtown Victoria and the Trans-Canada Highway.

OVERVIEW

555 Hillside Avenue presents an opportunity to acquire a standalone commercial investment property within Victoria's established Rock Bay industrial district. The property combines current income characteristics with potential owner-occupier flexibility, making it suitable for investors, business owners, and users seeking a strategic foothold in one of Greater Victoria's most recognized industrial locations. The asset is improved with a standalone industrial building featuring warehouse and office components. The main level is owner occupied and includes warehouse and office accommodation, while the upper level is leased to a tenant on a flexible basis. This configuration offers potential for continued investment use, future owner occupancy, or a combination of occupancy and income generation. Dedicated front parking further supports operational efficiency for staff, customers, and service vehicles. Rock Bay serves as Victoria's primary industrial node and remains a key employment and business district within the region. The property's location provides convenient access to Downtown Victoria, the Trans-Canada Highway, and surrounding municipalities, supporting connectivity for industrial, trade, marine, and service-commercial users. The area's concentration of established businesses and limited supply of standalone industrial properties contributes to its continued appeal among occupiers and investors seeking centrally located industrial real estate. This offering provides the opportunity to secure a well-located industrial asset with existing occupancy, flexible future use options, and direct exposure to one of Victoria's most established commercial and industrial corridors.

FOR SALE DETAILS

PRICE

$1,450,000 CAD

PRICE/SF

$366 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.08

LAND SF

3,360

ZONING

M-2 Light Industrial Dist

APN/PARCEL ID

004-788-630

ASK ABOUT THIS PROPERTY

Nathaniel SimpsonAvison Young - VictoriaMore Info
250-415-3287

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Nathaniel SimpsonAvison Young - VictoriaMore Info
250-415-3287

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.