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9139 East Saanich Road 9139 E Saanich Rd 6,512 SF Retail Building North Saanich, BC V8L 1H6 $2,699,000 CAD ($414.47 CAD/SF)



INVESTMENT HIGHLIGHTS
- Prime corner location in North Saanich’s commercial zone
- Existing building with four grade-level service bays and offices
- Phase 1 Environmental completed and 400-amp three-phase power
- Minutes from Victoria International Airport and BC Ferries
- Potential to assemble up to 2.94 acres for redevelopment
EXECUTIVE SUMMARY
Opportunity to acquire a 0.65-acre (28,314 square foot) commercially zoned corner lot with a 3,041 sq. ft. building, currently home to the long-standing family business, Gurton’s Garage. Ideal for an owner-user, investor, or developer, the property can also be expanded to approx. 2.94 acres (128,066 sq. ft.) by assembling up to three residential lots to the north (currently for sale) and one residential lot to the east (owned by the Gurton family). Located in the heart of Saanichton, B.C., at McTavish and East Saanich Roads, it’s just 5 minutes to Victoria International Airport and 10 minutes to BC Ferries. This is the first time this property has come to market in over 100 years. While the business is not for sale, assets may be purchased for continued auto use. The one-level building offers admin and sales offices, a large work area, and four grade-level bay doors. The family is open to a leaseback, providing holding income during redevelopment planning.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,512 SF
Year Built
1950
Price
$2,699,000 CAD
Price Per SF
$414.47 CAD
Tenancy
Single
Building Height
1 Story
Zoning
C-1 - Commercial
Parking
30 Spaces (4.61 Spaces per 1,000 SF Leased)
Frontage
107’ on E Saanich Rd
AMENITIES
- Bus Line
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Gurton's Garage Ltd
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Gurton's Garage Ltd | Services | - | - | - |
NEARBY MAJOR RETAILERS
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9139 East Saanich Road | 9139 E Saanich Rd
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