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555 Hillside Ave 3,960 SF Flex Building Victoria, BC V8T 1Y8 $1,450,000 CAD ($366.16 CAD/SF)



Investment Highlights
- Standalone industrial building in Victoria's Rock Bay district.
- Main level includes warehouse and office accommodation.
- Dedicated front parking area serves building occupants and visitors.
- Opportunity for investment ownership with owner-occupier potential.
- Upper level currently leased on a flexible basis.
- Convenient access to Downtown Victoria and the Trans-Canada Highway.
Executive Summary
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.
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.
Property Facts
| Price | $1,450,000 CAD | Rentable Building Area | 3,960 SF |
| Price Per SF | $366.16 CAD | No. Stories | 2 |
| Sale Type | Owner User | Year Built | 1975 |
| Property Type | Flex | Parking Ratio | 1.26/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.08 AC | ||
| Zoning | M-2 Light Industrial Dist - M-2 Light Industrial District | ||
| Price | $1,450,000 CAD |
| Price Per SF | $366.16 CAD |
| Sale Type | Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.08 AC |
| Rentable Building Area | 3,960 SF |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 1.26/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | M-2 Light Industrial Dist - M-2 Light Industrial District |
Amenities
- Signage
1 1
Exceptionally walkable
90/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
70/100
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555 Hillside Ave
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