Cell: 250-920-6818
Greg Burke
Pemberton Holmes - Cloverdale

103 3994 Shelbourne St
SE Mt Doug Saanich V8N 3E2

$3,500,000
Commercial Sale built: 1985

Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1003379
Year Built:
1985
This well-located property sits on Shelbourne Street, with great tenant in place, just minutes from UVic and steps from Home Depot, making it an ideal location for long-term investment. The property sits in a high-density area, surrounded by significant residential and mixed-use developments -over 700 new residential units planned or under construction nearby -this area is rapidly developing and becoming a major urban hub. With high exposure, ample foot traffic, and strong future potential, this is a rare opportunity to secure a valuable asset in one of Victoria’s most active redevelopment zones. Come make it your DESTINED business! Do not approach staff or business owner regarding the sale of the business.*
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Building, Business, Land
Year built:
1985 (Age: 40)
Lease Type:
See Remarks
Listing General Location:
SE Mt Doug, Saanich East
Bathrooms:
- (Full:-/Half:-)
Lot Size:
4,992 sq. ft.
Building Features:
Fire Alarm, Fire Sprinklers, Handicap Facilities, High Traffic Area, Kitchen/Staff Room, Loading Bay(s), Public Restroom(s), Storage Room, Transit Nearby
Construction:
Concrete
Electricity:
Yes
Floor finish:
Carpet, Concrete
Total Building Area:
4,992 sq. ft.
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
Other
Heating:
Baseboard
Fireplace:
No
Equip/Machinery, Fixtures, Franchise, Goodwill, Leasehold Improvements, Parking, Trade Name(s)
Security System, Sign: Lighted, Signband, Wheelchair Access, See Remarks
Pls Do Not Talk To Staff, Info Only For Qualified Buyers.
Main Level
Jurisdiction name:
District of Saanich (SD61)
Zoning:
C3
Other Equipment:
Other Improvements
Utilities:
Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected
Lot Site Features:
Sidewalk, See Remarks
Parking Features:
On Site
Total Parking Spaces:
0
Business Name:
Boston Pizza Shelbourne
Business Type:
Restaurant/Bar
Business Established Year:
1985
Date Listed:
Jun 12, 2025
Original Price:
3500000.0
Larger map options:
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Listed by Pemberton Holmes Ltd.
Data was last updated June 14, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$1,124,500
Min list price:
$100,000
Max list price:
$11,300,000
Avg days on market:
83
Min days on market:
1
Max days on market:
621
These statistics are generated based on the current listing's property type and located in Saanich East. Average values are derived using median calculations.
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.