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709 Yates St 18,458 SF 100% Leased Retail Building Victoria, BC V8W 1L6 $6,600,000 CAD ($357.57 CAD/SF)
Executive Summary
709 Yates Street is prominently located in the core of Downtown Victoria along one of the City of Victoria’s primary commercial corridors. Yates Street is known for its high pedestrian traffic, strong retail presence, and proximity to major office buildings, residential towers, and public transit routes.
The property presents a rare opportunity to acquire a well-located mixed-use asset in a supply-constrained downtown market. Surrounded by restaurants, cafés, national retailers, boutique shops, and entertainment venues, the location benefits from consistent foot traffic and strong tenant demand. The building offers a compelling combination of stable income and diverse tenant uses.
The property presents a rare opportunity to acquire a well-located mixed-use asset in a supply-constrained downtown market. Surrounded by restaurants, cafés, national retailers, boutique shops, and entertainment venues, the location benefits from consistent foot traffic and strong tenant demand. The building offers a compelling combination of stable income and diverse tenant uses.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
18,458 SF
Building Class
C
Year Built
1904
Price
$6,600,000 CAD
Price Per SF
$357.57 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.85
Lot Size
0.23 AC
Zoning
CBD-2
Frontage
49’ on Yates St
Amenities
- Signage
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Very bikeable
80/100
Nearby Major Retailers
1 of 6
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709 Yates St
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