3994 Shelbourne St ##103, Saanich, BC V8N 3E2
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3994 Shelbourne St ##103, Saanich, BC V8N 3E2
3994 Shelbourne St ##103, Saanich, BC V8N 3E2
3994 Shelbourne St ##103, Saanich, BC V8N 3E2
3994 Shelbourne St ##103, Saanich, BC V8N 3E2
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Listed by Kane Ryan Pemberton Holmes Ltd.
$ 2,880,000
Est. payment /mo
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3994 Shelbourne St ##103 Saanich, BC V8N 3E2

4,992 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,992 sqft

Price per Sqft $576

MLS Listing ID 1053729

HOA Y/N No

Annual Tax Amount $68,392

Tax Year 2026

Property Sub-Type Retail

Property Description

An excellent opportunity to acquire a nearly 5,000 sq ft commercial strata unit in the rapidly developing
Shelbourne corridor. Unit 103 offers prominent street frontage, strong exterior signage opportunities, and access to a large
shared parking lot with ample customer parking, plus a rear area for staff parking and loading. It sits next to the newly redeveloped University Heights Shopping Centre, which is adding nearly 600 new rental apartments to an already busy, well-established commercial area. The unit is demised into two separate spaces. The approx. 3,766 sq ft restaurant space is fully built out, with a 20 ft commercial hood system and a food-primary liquor licence for approx. 90 guests.
The second space is leased to a professional tenant on a long-term lease, providing stable, reliable income. A great opportunity for a restaurant group looking to own their own property, plus the benefit of an income-generating unit. The restaurant unit can be provided vacant on possession.

Location

Province BC

County Capital Regional District

Community Se Mt Doug

Area Saanich East

Interior

Fireplace No

Exterior

Parking Features On Site

View Y/N No

Garage No

Others

Ownership Freehold/Strata


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3994 Shelbourne St ##103