Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

966 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

1015 Fort St 10,294 SF 100% Leased Retail Building Victoria, BC V8V 3K5 $3,050,000 CAD ($296.29 CAD/SF) 6.50% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Two-storey freehold commercial building in downtown Victoria.
Seismic upgrade completed under permit in 2008.
Positioned within a mixed-use downtown commercial district.

Located on Fort Street between Vancouver Street and Cook Street.
Currently configured as a restaurant and banquet facility.

Executive Summary

Turnkey downtown Victoria investment. Fully-leased two-storey mixed-use building with four diversified income streams under triple-net leases — a clean, low-management hold. Total rent $20,100/mo ($241,200/yr). Approx. cap rate 6.5%+. Main floor anchored by Ustaad G, an established Indian restaurant franchise with 12+ locations. Rear unit houses a spa tenanted 7+ years. Upstairs: banquet hall plus a 3-bed, 2-bath apartment occupied by restaurant staff. Repositioned 2025 — restaurant now franchise-tenanted at market rent, apartment added as new income unit. Buyer to verify floorplan and measurements, done by Sdlenselement Victoria. Contact listing agent for financials and full info package — NDA and POF required.