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616-630 Queens Ave 2 Acres of Commercial Land Offered at $17,900,000 CAD in Victoria, BC V8T 1H3
Executive Summary
Colliers is pleased to present a rare opportunity to acquire a large-scale light industrial development site on the edge of downtown Victoria. The property benefits from immediate access to two of the city’s primary arterial routes, offering exceptional connectivity for a variety of industrial and commercial users.
The Government and Queens consolidated land assembly is ±2.0-acres in size and represents unmatched scale within Victoria’s urban core, featuring approximately 243 feet of prominent Government Street frontage. In addition to the Government and Queens assembly, the package also includes a +/-7,200 sf lot on Discovery Street with a standalone warehouse. The offering is further enhanced by secure holding income, providing investors with near-term cash flow while preserving long-term redevelopment potential.
The Government and Queens consolidated land assembly is ±2.0-acres in size and represents unmatched scale within Victoria’s urban core, featuring approximately 243 feet of prominent Government Street frontage. In addition to the Government and Queens assembly, the package also includes a +/-7,200 sf lot on Discovery Street with a standalone warehouse. The offering is further enhanced by secure holding income, providing investors with near-term cash flow while preserving long-term redevelopment potential.
Property Facts
| Price | $17,900,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2.00 AC |
| Zoning | IAI-1 - Industry, Arts & Innovation | ||
| Price | $17,900,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.00 AC |
| Zoning | IAI-1 - Industry, Arts & Innovation |
1 Lot Available
Lot
| Price | $17,900,000 CAD | Lot Size | 2.00 AC |
| Price Per AC | $8,950,000.00 CAD |
| Price | $17,900,000 CAD |
| Price Per AC | $8,950,000.00 CAD |
| Lot Size | 2.00 AC |
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
70/100
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616-630 Queens Ave
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