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Bank of Commerce Building 1175 Douglas St 137,326 SF 98% Leased 4-Star Office Building Victoria, BC V8W 2E6 For Sale

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INVESTMENT HIGHLIGHTS

  • 12-storey BOMA Best Silver building
  • Prime downtown Victoria location
  • End-of-trip facilities, bike storage

EXECUTIVE SUMMARY

1175 Douglas Street is a high-quality office property located in the heart of downtown Victoria, British Columbia—one of Canada’s top-performing office markets. This 12-storey building offers a total of 137,326 sq. ft. of premium office space, making it a prime investment opportunity. The property is situated at one of the most prominent corners in downtown Victoria, providing exceptional visibility and accessibility. Tenants enjoy a range of on-site amenities, including a conference centre, end-of-trip facilities, change rooms, and bike storage. This BOMA Best Silver certified building is currently 97.3% occupied and features a diverse tenant mix, including major names like CIBC, Colliers, Raymond James, and CGI. With a weighted average lease term (WALT) of 6.2 years, this property offers stability and long-term growth potential.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
137,326 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1969
Percent Leased
98%
Tenancy
Multiple
Building Height
12 Stories
Typical Floor Size
9,100 SF
Slab To Slab
8’
Building FAR
6.31
Lot Size
0.50 AC
Zoning
CBD-1 - Central Business District-1 Zone

AMENITIES

  • 24 Hour Access
  • Banking
  • Bus Line
  • Fitness Center
  • Security System
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 3rd Fl-Ste 304
  • 810 SF
  • Office
  • Shell Space
  • Now

1175 Douglas is comprised of more than 144,000 square feet of Class A office space and is one of Victoria’s prominent office buildings. The building is home to several of Victoria’s law firms, Colliers, Raymond James, CGI, the Bank of Commerce and other professional firms.

  • 9th Fl-Ste 906
  • 1,320 SF
  • Office
  • Shell Space
  • Now

1175 Douglas is comprised of more than 144,000 square feet of Class A office space and is one of Victoria’s prominent office buildings. The building is home to several of Victoria’s law firms, Colliers, Raymond James, CGI, the Bank of Commerce and other professional firms.

Space Size Space Use Condition Available
3rd Fl-Ste 304 810 SF Office Shell Space Now
9th Fl-Ste 906 1,320 SF Office Shell Space Now

3rd Fl-Ste 304

Size
810 SF
Space Use
Office
Condition
Shell Space
Available
Now

9th Fl-Ste 906

Size
1,320 SF
Space Use
Office
Condition
Shell Space
Available
Now

3rd Fl-Ste 304

Size 810 SF
Space Use Office
Condition Shell Space
Available Now

1175 Douglas is comprised of more than 144,000 square feet of Class A office space and is one of Victoria’s prominent office buildings. The building is home to several of Victoria’s law firms, Colliers, Raymond James, CGI, the Bank of Commerce and other professional firms.

9th Fl-Ste 906

Size 1,320 SF
Space Use Office
Condition Shell Space
Available Now

1175 Douglas is comprised of more than 144,000 square feet of Class A office space and is one of Victoria’s prominent office buildings. The building is home to several of Victoria’s law firms, Colliers, Raymond James, CGI, the Bank of Commerce and other professional firms.

Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (93)
Bike Score®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 33851467

  • Date on Market: 2024-11-13

  • Last Updated:

  • Address: 1175 Douglas St, Victoria, BC V8W 2E6

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