V8Y Office Spaces for Sale

Office Spaces for Sale Within 5 kilometers of V8Y

4520 W Saanich Rd

Victoria, BC V8Z 3G4

Office for Sale
$2,200,000 CAD
3,329 SF

Victoria Office for Sale

Strategically located in the Royal Oak node of Saanich, 4520 West Saanich Road presents a compelling opportunity for owner-occupiers, developers, or investors seeking a well-positioned commercial asset with immediate utility and long-term upside. This standalone office building spans two floors totaling 3,329 square feet and sits on a 9,450-square-foot parcel with 18 surface parking stalls, offering both functionality and visibility in a high-demand corridor. The property features modern interior finishes, including private offices, reception areas, meeting rooms, and break spaces across both levels. With flexible tenancies currently in place, purchasers have the option to maintain holding income or secure vacant possession for immediate occupancy. The building’s prominent signage potential and direct access to West Saanich Road enhance its appeal for professional services, medical, or administrative users. Designated within the 400-meter Transit-Oriented Area (TOA) and identified as a Primary Growth Area in the Saanich Official Community Plan (OCP), the site is primed for future redevelopment. Provincial TOA guidelines support a minimum 2.5:1 FAR and six-storey density, with municipal openness to alternative proposals. The C2 zoning allows a wide range of uses including retail, office, medical, daycare, and residential, providing flexibility for repositioning. Surrounded by major retail anchors such as Thrifty Foods, Canadian Tire, and Tim Hortons, and within walking distance to Royal Oak Shopping Centre and Saanich Commonwealth Place, the location offers excellent amenity access. Downtown Victoria is just a 15-minute drive, with Swartz Bay Ferry Terminal and Victoria International Airport reachable within 25 and 20 minutes respectively.

Contact:

CBRE, Limited

Date on Market:

2025-10-22

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4400 Chatterton Way

Victoria, BC V8X 5J2

Office for Sale
$1,250,000 CAD
1,805 SF
1 Unit Available

Victoria Office for Sale

Rare opportunity to occupy strata office space in the Aspen Building at Broadmead Office Park. The unit is located on a southwest-facing corner and benefits from ample natural light, along with a west-facing patio. The premises are improved to a modern office standard featuring a welcoming reception area, large boardroom, six offices, storage room, copy room, and a kitchenette.