760 Enterprise Cres - Service FOR SALE


Victoria, BC V8Z 6R4
$5,500,000 CAD
250-386-0005
760 Enterprise Cres, Victoria, BC for Sale
$5,500,000 CAD
Service - FOR SALE
1/8
null | Request Cap Rate

760 Enterprise Cres
Victoria, BC V8Z 6R4


HIGHLIGHTS

  • Strategic location in Royal Oak Industrial Park with direct access to major highways.
  • Flexible tenancy allows for immediate occupancy or short-term income.
  • Approved for future 10-storey mixed-use redevelopment.
  • Dock and grade-level loading with 14-foot clear heights.
  • Surrounded by retail amenities and transit infrastructure.

OVERVIEW

Positioned in the heart of Saanich’s Royal Oak Industrial Park, 760 Enterprise Crescent offers a rare opportunity to acquire a ±9,000 SF freestanding flex-industrial building on nearly one acre of land. With immediate access to Highway 1 and Highway 17, the site provides exceptional connectivity to Downtown Victoria, the Swartz Bay Ferry Terminal, and Victoria International Airport—all within a 15 to 22-minute drive. The building features 14-foot clear heights, one dock-level and one grade-level loading door, and over 30 surface parking stalls. Its flexible layout includes warehouse space, open office areas, reception, and multiple private offices, making it suitable for a wide range of industrial, commercial, or mixed-use applications. The property is zoned M-3 Industrial Park, supporting uses such as warehousing, retail, office, research, and veterinary services. Additionally, the site has received third reading approval for a future 10-storey mixed-use development with a 3.0x FSR, offering long-term redevelopment potential. Currently occupied under a short-term lease, the asset provides holding income while allowing for future owner-occupancy or intensification. The surrounding area is well-served by public transit, cycling infrastructure, and nearby amenities including Broadmead Village and Royal Oak Shopping Centre.

FOR SALE DETAILS

PRICE

$5,500,000 CAD

PRICE/SF

$611 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

UTILITIES

Lighting - Fluorescent, Gas, Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

14 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.97

LAND SF

42,253

ZONING

M-3

APN/PARCEL ID

000-232-289

ASK ABOUT THIS PROPERTY

Chris RustCBRE, LimitedMore Info
250-386-0005

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Chris RustCBRE, LimitedMore Info
250-386-0005

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