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Investment Highlights

  • Freestanding industrial building located in downtown Victoria.
  • Modern office improvements with private offices and boardroom.
  • Secure fenced gate and on-site parking accommodate business operations.
  • Vacant possession available upon closing.
  • Two grade-level loading doors support operational efficiency.
  • IAI-1 zoning permits a broad range of industrial and commercial uses.

Executive Summary

639 Pembroke Street presents an opportunity to acquire a freestanding owner-occupier industrial asset in Victoria's downtown core. Positioned on Pembroke Street between Douglas Street and Government Street, the property offers direct access to Victoria's primary commercial corridors and is located within an established urban employment area that supports a diverse mix of industrial, office, service, and commercial businesses.
The property consists of a functional industrial building featuring warehouse and office components designed to accommodate a variety of owner-user and investment strategies. The warehouse area is complemented by modern office improvements distributed across two levels, creating a flexible environment for administrative, operational, and customer-facing functions. Interior improvements include private offices, open workstations, a boardroom, washrooms with a shower, and climate-controlled office space.
Operational features include approximately 14-foot warehouse clear height, two grade-level loading doors, two-phase 400-amp power service, gas-forced air heating in the warehouse area, heat pump service with air conditioning for the office component, and a secure fenced gate. The site also provides on-site parking and yard functionality that supports vehicle storage, loading, and day-to-day business operations.
The property is zoned IAI-1 (Industry, Arts and Innovation Zone), permitting a broad range of commercial and industrial uses including assembly, brewery and distillery operations, automotive repair, light industrial uses, office, retail trade, personal service establishments, and veterinary clinics. With vacant possession available upon closing and a completed Phase I Environmental assessment, the property offers immediate occupancy potential for businesses seeking a centrally located industrial facility in Victoria.

Property Facts

Price $2,325,000 CAD
Price Per SF $715.60 CAD
Sale Type Owner User
Property Type
Industrial
  • General Retail Auto Repair
Building Class C
Lot Size 0.17 AC
Rentable Building Area 3,249 SF
No. Stories 1
Year Built 1991
Tenancy Single
Parking Ratio 3.69/1,000 SF
No. Drive In / Grade-Level Doors 2
Zoning IAI -1 (Industry, Arts an - IAI -1 (Industry, Arts and Innovation Zone)
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
70/100
  • Listing ID: 41413302

  • Date on Market: 2026-07-23

  • Last Updated:

  • Address: 639 Pembroke St, Victoria, BC V8T 1H5

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