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Vi Rock BayVictoria
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322 John St in Victoria: Vi Rock Bay Industrial for sale : MLS®# 1005050
322 John St Victoria V8T 1T3 
$4,950,000Commercial Sale- Status:
- Active
- MLS® Num:
- 1005050
Exceptionally well-located investment property, in the heart of the Rock Bay Industrial District. 322 John Street is a versatile 10,465 SF building on a 16,765 SF secured lot with lots of parking. Centrally located with excellent vehicular access to Greater Victoria and all major highways. The current owners have taken great care of the building. There is a long term, Class AAA tenant in place by the name of Westburne Electric, owned by parent company Rexel Canada since 1926. Westburne is a nationwide leader in lighting and energy solutions. The tenant is currently paying “below market” rents, which gives an in-coming investor a great opportunity to increase the revenue on the building by 25% within the next two (2) years. The opportunity is to purchase an exceptionally well-located and cared-for industrial warehouse in the heart of midtown Victoria, with a solid Class AAA tenant in place and the bonus of being able to roll up rents by approximately 25% within the next two (2) years. More detailsListed by Royal LePage Coast Capital - Chatterton- JEFF MEYER
- eXp Realty Canada
- 1.250.885.2047
- Info@VIREG.ca
Data was last updated July 15, 2025 at 12:05 PM (UTC)
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.