Dallas King Personal Real Estate Corporation, REALTOR®, RE/MAX Generation.
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This 0 bedroom, 0 bathroom retail in Saanich, British Columbia is listed for sale at $2,880,000. MLS® #1053729.
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.
Looking for homes for sale in Saanich? Browse Saanich real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Located in the SE Mt Doug neighborhood. Part of the Saanich East area.
Property Type
Retail
Bedrooms
0
Bathrooms
0
Area
Saanich East
Neighborhood
Mt Doug
Listed
Nov 3, 2026
MLS® Number
#1053729
View comprehensive market analysis for Shelbourne St including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Shelbourne St Market ReportAn 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.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Saanich East community, including the Mt Doug neighborhood.
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