851 Cormorant St 1,000 SF Office Building Victoria, BC V8W 1R2 $999,000 CAD ($999 CAD/SF)

Well-located single-storey commercial building offering approximately 1,000 sq. ft. of flexible space suitable for office, medical, wellness, or service-based uses. High-visibility location with convenient access to Quadra, Pandora, and Blanshard Streets. The property is currently vacant, allowing for immediate occupancy or tenant improvements. In addition to owner-occupier potential, the property is designated for higher density under the Official Community Plan (4.5:1 FSR), providing future redevelopment or land assembly opportunity. Purchasers are advised to verify all redevelopment potential with the City of Victoria.
851 Cormorant Street is centrally located in Victoria, British Columbia, within the North Park / downtown area. The property sits just north of Victoria’s core, offering excellent proximity to the city’s main commercial, cultural, and civic destinations. It benefits from a highly visible position with easy access to major thoroughfares including Quadra Street, Pandora Avenue, and Blanshard Street, making it convenient for both vehicle and pedestrian traffic.
The surrounding neighborhood is a vibrant mix of professional offices, wellness and medical services, residential buildings, and local amenities. Downtown Victoria’s shops, cafés, restaurants, and services are only a short walk away, while nearby areas such as Chinatown, Market Square, and City Hall further enhance the urban appeal. The location offers excellent walkability and strong transit connectivity, making it well suited for commercial, office, or service-oriented uses that benefit from central-city exposure.