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760 Enterprise Cres 9,000 SF Industrial Building Victoria, BC V8Z 6R4 $4,031,903 USD ($447.99 USD/SF)



Investment Highlights
- Strategic location in Royal Oak Industrial Park with direct access to major highways.
- Approved for future 10-storey mixed-use redevelopment.
- Surrounded by retail amenities and transit infrastructure.
- Flexible tenancy allows for immediate occupancy or short-term income.
- Dock and grade-level loading with 14-foot clear heights.
Executive Summary
Positioned in the heart of Saanich’s Royal Oak Industrial Park, 760 Enterprise Crescent offers a rare opportunity to acquire a ±9,000 SF freestanding flex-industrial building on nearly one acre of land. With immediate access to Highway 1 and Highway 17, the site provides exceptional connectivity to Downtown Victoria, the Swartz Bay Ferry Terminal, and Victoria International Airport—all within a 15 to 22-minute drive.
The building features 14-foot clear heights, one dock-level and one grade-level loading door, and over 30 surface parking stalls. Its flexible layout includes warehouse space, open office areas, reception, and multiple private offices, making it suitable for a wide range of industrial, commercial, or mixed-use applications. The property is zoned M-3 Industrial Park, supporting uses such as warehousing, retail, office, research, and veterinary services. Additionally, the site has received third reading approval for a future 10-storey mixed-use development with a 3.0x FSR, offering long-term redevelopment potential.
Currently occupied under a short-term lease, the asset provides holding income while allowing for future owner-occupancy or intensification. The surrounding area is well-served by public transit, cycling infrastructure, and nearby amenities including Broadmead Village and Royal Oak Shopping Centre.
The building features 14-foot clear heights, one dock-level and one grade-level loading door, and over 30 surface parking stalls. Its flexible layout includes warehouse space, open office areas, reception, and multiple private offices, making it suitable for a wide range of industrial, commercial, or mixed-use applications. The property is zoned M-3 Industrial Park, supporting uses such as warehousing, retail, office, research, and veterinary services. Additionally, the site has received third reading approval for a future 10-storey mixed-use development with a 3.0x FSR, offering long-term redevelopment potential.
Currently occupied under a short-term lease, the asset provides holding income while allowing for future owner-occupancy or intensification. The surrounding area is well-served by public transit, cycling infrastructure, and nearby amenities including Broadmead Village and Royal Oak Shopping Centre.
Property Facts
| Price | $4,031,903 USD | No. Stories | 2 |
| Price Per SF | $447.99 USD | Year Built | 1985 |
| Sale Type | Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 4.22/1,000 SF |
| Property Subtype | Service | Clear Ceiling Height | 14’ |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 0.97 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 9,000 SF | ||
| Zoning | M-3 - Industrial Park Zone | ||
| Price | $4,031,903 USD |
| Price Per SF | $447.99 USD |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.97 AC |
| Rentable Building Area | 9,000 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Tenancy | Single |
| Parking Ratio | 4.22/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | M-3 - Industrial Park Zone |
Amenities
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Water - City
- Sewer - City
- Heating - Electric
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