Large light industrial zoned property in a highly desirable area of Esquimalt (with a portion of the property in Vic West) just minutes from downtown Victoria with easy access to major transportation routes in and around the City. The property offers an exceptional owner / occupier opportunity. With just 35% site coverage and demo clauses in place, the property also has significant development potential (approx. 20,000 SF in excess land) while providing the owner with an existing strong and stable rental income.
The property is anchored by Monk Office Supply ('Monk') who is an owner occupier. Monk will do a Seller lease back providing the Buyer with a strong cap rate / yield on the purchase. Alternatively, Monk can provide vacant possession of the Monk occupied space (18,563 SF of warehouse and 4,721 SF of office over 2 floors) with reasonable notice (lower warehouse is 4,457 SF).
Further details are available upon executing the Non Disclosure Agreement found in the Supplements.
Data was last updated October 29, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$4,199,990
Min list price:
$554,918
Max list price:
$9,300,000
Avg days on market:
47
Min days on market:
4
Max days on market:
271
These statistics are generated based on the current listing's property type
and located in
Esquimalt. Average values are
derived using median calculations. This data is not produced by the MLS® system.