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817 Fisgard St 2,500 SF Retail Building Victoria, BC V8W 1R9 $2,395,000 CAD ($958 CAD/SF)
Investment Highlights
- Over 10,226 SF lot situated in Victoria’s rapidly developing Hudson District
- Highly flexible layout featuring private offices, open work areas, and kitchen
- Outstanding visibility and branding potential for owner occupier
- 20+ on-site parking stalls, with additional street parking and nearby parkades
- Zoned R3-C allowing multiple uses and development density up to 4.5:1 FSR
- Close to major urban projects including Hudson Place towers and core amenities
Executive Summary
This property offers a unique opportunity for owner-occupiers and developers in Victoria’s Hudson District. Featuring a 2,500 SF office/retail building on a generously sized 10,226 SF lot, the site provides excellent flexibility for current use or future redevelopment. The existing structure includes private offices, staff areas, an open collaborative space, and kitchen facilities. Key advantages include 20+ surface parking stalls, significant frontage, and strong signage visibility, all within walking distance to major amenities and transit.
The property benefits from its zoning in the Central Area Residential District (R3-C), accommodating a variety of permitted uses such as professional offices, retail, restaurants, and multi-unit residential developments. With an Official Community Plan designation that allows densities up to approximately 4.5:1 FSR under Victoria’s Bonus Density System, developers can capitalize on future growth and urban revitalization in this emerging downtown neighborhood.
The property benefits from its zoning in the Central Area Residential District (R3-C), accommodating a variety of permitted uses such as professional offices, retail, restaurants, and multi-unit residential developments. With an Official Community Plan designation that allows densities up to approximately 4.5:1 FSR under Victoria’s Bonus Density System, developers can capitalize on future growth and urban revitalization in this emerging downtown neighborhood.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Building Class
C
Year Built
1953
Price
$2,395,000 CAD
Price Per SF
$958 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.23 AC
Zoning
R3-C Central Area Residen - R3-C Central Area Residential
Parking
22 Spaces (8.8 Spaces per 1,000 SF Leased)
Exceptionally walkable
100/100
Somewhat drivable
30/100
Strong public transit
80/100
Very bikeable
80/100
Nearby Major Retailers
1 of 11
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817 Fisgard St
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