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Investment Highlights

  • Flexible-use property in Victoria’s emerging Hudson District, near Chinatown and major redevelopment projects.
  • Improved 2,500 SF building featuring private offices, kitchen, staff areas, and on-site washrooms.
  • Zoning allows diverse commercial and residential uses with allowable density ranging up to 5:1 FSR.
  • 10,226 SF lot with over 46,000 SF of potential OCP buildable area, offering significant development upside.
  • Over 20 on-site surface parking stalls and excellent visibility in a growing urban core.
  • Vacant on closing, providing immediate occupancy for an owner-occupier or investor.

Executive Summary

817 Fisgard Street offers an opportunity to acquire a freestanding commercial building on a generously sized lot in Victoria’s Hudson District. The property spans 2,500 SF with a flexible floor plan including private offices, staff areas, washrooms, and a kitchen. Positioned on a 10,226 SF parcel, this asset benefits from over 20 surface parking stalls and zoning that supports a mix of commercial and residential uses.
Located in one of Victoria’s fastest-growing urban pockets near Chinatown, the Hudson District is undergoing significant redevelopment with mid-rise and high-rise projects, driving future value appreciation. The site’s Official Community Plan designation allows for high-density residential and mixed-use development with density potential up to 4.5:1 FSR and building heights up to approximately 20 stories, making it a compelling long-term investment prospect.
Current improvements include a single-story concrete block structure built in 1953 and renovated in 2001, featuring modern office finishes, boardrooms, and amenities. Existing electrical capacity of 400 amps and a natural gas generator provide robust infrastructure for business operations. Offered with vacant possession, this property appeals to owner-occupiers seeking a high-profile position in a transit-accessible, high-traffic area or developers looking to leverage long-term redevelopment potential

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,500 SF
Building Class
C
Year Built
1953
Price
$2,095,000 CAD
Price Per SF
$838 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 (0 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

Anytime Fitness
Blenz Coffee
Starbucks
Tim Hortons
CIBC
Scotiabank
BDC
freshii
Cactus Club Cafe
Café Dépôt
  • Listing ID: 41288096

  • Date on Market: 2026-07-14

  • Last Updated:

  • Address: 817 Fisgard St, Victoria, BC V8W 1R9

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