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1624-1628 Government St 2,236 SF of Retail Space Available in Victoria, BC V8W 1Z3
Highlights
- Call to tour.
- Included at no additional charge is an accessible basement area of approximately 2,208 sq. ft.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,236 SF | Negotiable | $32.00 CAD/SF/YR $2.67 CAD/SF/MO $71,552 CAD/YR $5,963 CAD/MO | Triple Net (NNN) |
1st Floor
Highly visible corner commercial opportunity in the heart of Victoria’s historic Chinatown. Located beside the iconic Gate of Harmonious Interest, 1628 Government Street offers approximately 2,236 sq. ft. of prime main-level commercial space with exceptional exposure, strong year-round pedestrian activity, vehicle traffic, and prominent signage opportunities. The space is well-suited to a broad range of commercial uses, including retail, showroom, service, wellness, creative, or experiential concepts. Its central location places your business among established operators and cultural destinations, while remaining within easy walking distance of Old Town, downtown, and the Inner Harbour. Included at no additional charge is an accessible basement area of approximately 2,208 sq. ft., providing substantial added value for storage, staff areas, inventory, prep space, or ancillary uses. This offers approximately 4,444 sq. ft. of total usable space, with 2,236 sq. ft. available for rent, significantly enhancing overall functionality and value. A rare opportunity to secure a landmark corner presence with outstanding visibility and efficiency in one of Canada’s most distinctive commercial districts
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 2,236 SF | Gross Leasable Area | 14,949 SF |
| Property Type | Retail | Year Built | 1910 |
| Property Subtype | Storefront Retail/Office | Cross Streets | Fisgard St. |
| Total Space Available | 2,236 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 14,949 SF |
| Year Built | 1910 |
| Cross Streets | Fisgard St. |
About the Property
Highly visible corner commercial opportunity in the heart of Victoria’s historic Chinatown. Located beside the iconic Gate of Harmonious Interest, 1628 Government Street offers approximately 2,236 sq. ft. of prime main-level commercial space with exceptional exposure, strong year-round pedestrian activity, vehicle traffic, and prominent signage opportunities. The space is well-suited to a broad range of commercial uses, including retail, showroom, service, wellness, creative, or experiential concepts. Its central location places your business among established operators and cultural destinations, while remaining within easy walking distance of Old Town, downtown, and the Inner Harbour. Included at no additional charge is an accessible basement area of approximately 2,208 sq. ft., providing substantial added value for storage, staff areas, inventory, prep space, or ancillary uses. This offers approximately 4,444 sq. ft. of total usable space, with 2,236 sq. ft. available for rent, significantly enhancing overall functionality and value. A rare opportunity to secure a landmark corner presence with outstanding visibility and efficiency in one of Canada’s most distinctive commercial districts
- Bus Line
- Signage
Nearby Major Retailers
Presented by
Sotheby's International Realty Canada
1624-1628 Government St
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