Commercial Properties for Sale in Capital

Central Saanich Industrial for Sale

Situated at the corner of Bryn Road and Verling Avenue in an industrial enclave within the Keating Industrial Park. Located 20 minutes to downtown Victoria and the BC Ferries to the north, the surrounding neighborhood is a mix of farmland, single family homes and industrial/commercial buildings. Constructed in 2002, this property features clear span 20’ ceilings, professional offices, with extensive landscaping and wonderful curb appeal. The premises has been well maintained and professionally managed by its current owner. The subject property is zoned I-1 (Light Industrial). This zoning permits a wide range of uses including, but not limited to: warehousing, wholesale, retail sales of home furnishing and limited light industries etc. 1,600 amp 3 phase service Professional office space Heat pumps for office Forced air gas heaters for warehouse Four 2 pc washrooms and one 5 pc unisex washroom 2 loading docks to grade level platform 4 grade level loading doors Metal and torch on roof Zoned I-1 (Light Industrial)

Property Subtype:

Service

Date on Market:

2026-02-13

Victoria Multifamily for Sale

Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity for an owner-user to acquire a highly visible corner strata retail unit at 869 Douglas Street, Victoria, B.C. (the “Subject Property”). The Subject Property is a 6,417 SF ground floor corner strata lot, fronting Douglas Street (Highway 1 / Trans-Canada Highway) in downtown Victoria. The unit is priced well below replacement cost and further benefits from on-site shared parking, its location beneath The Falls (two residential towers totaling 155 residential units), and strong adjacent co-tenancies, Browns Socialhouse and 7-Eleven.

Property Subtype:

Apartment

Date on Market:

2025-10-02

Langford Industrial for Sale

Situated on Luxton Road and Chidlow Connector, Pacific Ridge Business Centre is the only new dock loading industrial strata development currently available for sale or lease in one of the fastest growing areas in Greater Victoria. Whether you are looking to purchase or lease one unit or the entire building at Pacific Ridge, we offer flexible ownership opportunities and transaction structures tailored to suit your needs. Now move-in ready with Beedie's lowest prices in BC, starting at $325 per square foot.

Property Subtype:

Warehouse

Date on Market:

2025-04-03

Pender Island Land for Sale

Presenting the offering of an architecturally significant home on North Pender Island - the Point House by notable West Coast Modern architects Bo Helliwell and Kim Smith of Blue Sky Architecture. This exquisite waterfront home is situated on a 105 acre estate on North Pender Island. The estate overlooks Navy Channel and faces towards the sun-illuminated mountains of Mayne Island. The property includes a sustainable farm, the shoreline of Davidson Bay, a fifty foot dock, an idyllic pond, and acres of untouched old-growth forest. The property is notably excluded from Canada's Foreign Buyer Ban.

Property Subtype:

Agricultural

Date on Market:

2023-08-15

North Saanich Specialty for Sale

Deep Cove Marina presents a rare opportunity to acquire a premier oceanfront marina in one of Vancouver Island’s most supply-constrained marine markets. This high-quality, income-producing property spans two titled lots and includes a long-term foreshore lease, offering approximately 1,610 lineal feet of moorage. The site features a well-maintained 4,000-square-foot commercial building that incorporates office space and a residential unit, creating diversified revenue streams from moorage, commercial tenancy, and residential rental income. The marina has undergone extensive renovations, ensuring modern infrastructure and operational efficiency. Historically, moorage demand in this region has been exceptionally strong, with minimal vacancy, reinforcing the property’s stable long-term income potential. Zoned M-4 (Commercial Marina 2), the site benefits from direct oceanfront access and sweeping mountain and ocean views, making it a highly desirable destination for boaters and marine businesses.

Property Subtype:

Marina

Date on Market:

2026-02-19

Victoria Land for Sale

The property is strategically positioned on the southwest corner of Central Saanich Road and White Road in the Keating neighborhood, offering a unique development opportunity in a semi-rural setting. Located just east of Highway 17 (Patricia Bay Highway), the site provides convenient access to key destinations, including Downtown Victoria in approximately 20 minutes, Sidney and the Swartz Bay Ferry Terminal in about 10 minutes, and Victoria International Airport in roughly 11 minutes. A rare investment opportunity to develop a small-scale townhouse project in Central Saanich, fully aligned with the Official Community Plan (OCP) and the region’s growing demand for attainable, family-oriented housing.

Property Subtype:

Residential

Date on Market:

2025-09-05

Victoria Retail for Sale

Commercial property in a prime location of downtown Victoria. Net leasable area of 2252 square feet. Currently tenanted by two restaurants. Do not approach staff or business owner regarding the sale of the property.

Property Subtype:

Restaurant

Date on Market:

2026-03-19

Victoria Retail for Sale

This fully leased mixed-use property offers investors a rare opportunity to acquire a stabilized income-producing asset in one of Victoria’s most dynamic corridors. Positioned at the high-traffic intersection of Quadra Street and Tolmie Avenue, the property benefits from exceptional visibility and accessibility, just minutes from Downtown Victoria and key arterial routes. The ground floor features a 2,590 sq ft commercial showroom leased to Arctic Spas, ensuring a strong retail presence. Above, the residential component includes one 1-bedroom unit, two 2-bedroom units, and a top-floor 2-bedroom plus den penthouse with a private rooftop patio and sweeping city views. Recent capital improvements, including major upgrades in 2019 and additional residential updates, enhance long-term asset value and reduce near-term maintenance risk. With a diversified tenant mix and full occupancy, this property delivers immediate cash flow and long-term appreciation potential. Offered below assessed value, it represents a compelling investment in a supply-constrained market. Updated appraisal and financials are available upon execution of a confidentiality agreement.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-03-16

Victoria Multifamily for Sale

This court-ordered foreclosure sale offers a rare opportunity to acquire boutique commercial office space in Victoria’s dynamic urban market. Positioned within a vibrant neighborhood undergoing significant revitalization, the property is surrounded by residential condominiums, rental apartments, and medical office buildings, ensuring a strong client base and consistent foot traffic. The unit’s CA-1 zoning provides flexibility for professional offices, boutique retail, or mixed-use configurations, making it an attractive option for healthcare, legal, and financial professionals. The property benefits from excellent walkability and convenient access to public transit, with nearby amenities including cafes, restaurants, and parks that enhance the work-life experience for occupants and visitors alike. As construction costs continue to rise, the demand for move-in-ready office spaces has surged, positioning this asset as a cost-effective alternative to new development. Its location within Victoria’s thriving downtown corridor, combined with the area’s ongoing urban renewal, underscores the long-term value and growth potential of this investment.. PID: 031-301-207

Property Subtype:

Apartment

Date on Market:

2026-03-16

Victoria Multifamily for Sale

CBRE Victoria is pleased to present an exceptional investment opportunity in the heart of downtown Victoria at 705–711 Johnson Street. This distinctive three-storey building comprises two ground-floor retail units and 40 single-occupancy residential rooms above, collectively known as the York Hotel. The property offers strong in-place income, near full occupancy, and the benefit of substantial completed upgrades, resulting in minimal ongoing maintenance for a prospective owner. The building totals approximately 17,236 square feet, with 6,900 square feet on the main floor and 5,168 square feet on both the second and third floors, situated on a 7,284-square-foot site. Built in 1911 and zoned CBD-1 (Central Business District), the property allows for a wide range of flexible commercial and mixed-use opportunities. The two ground-floor retail units measure approximately 2,434 square feet at 705 Johnson Street and 4,370 square feet at 707 Johnson Street. The space at 705 Johnson Street is occupied by Board with Friends, a locally owned and operated board game café, while 707 Johnson Street is currently vacant and was purpose-built for a gym, though it can readily accommodate a variety of alternative uses. Both retail units feature impressive 16-foot ceilings, excellent Johnson Street frontage and exposure, private washrooms, and, in the case of 707 Johnson Street, an additional shower amenity. The upper floors house 40 single-occupancy residential units operating as the York Hotel. Each floor is equipped with shared half and full washrooms, as well as a dedicated laundry room. The residential units are currently rented at below-market rates, providing a clear opportunity for future income growth. The building has been well maintained and includes a concrete foundation, a wood joist roof with an asphalt surface, painted brick exterior, metal doorways, and double-glazed thermo-sealed windows in vinyl frames. Flooring varies throughout the building, with a mix of hardwood, laminate, tile, and carpet depending on the unit, and the electrical system is supported by a 600-amp, three-phase service. Notable building highlights include an upgraded roof completed in 2017, full sprinkler coverage throughout, recent updates to 11 of the single-occupancy units, and a new HVAC and heat pump system serving the commercial space. The property benefits from its central downtown location with excellent exposure along Johnson Street, direct proximity to transit, and an abundance of nearby parking options, including the Johnson Street Parkade. Offered for the first time on the market, this asset presents a compelling opportunity to acquire a well-located, income-producing property with long-term upside in one of Victoria’s most vibrant urban corridors.

Property Subtype:

Apartment

Date on Market:

2026-03-06

Victoria Office for Sale

Commercial strata units comprise of the main floor of the Reflections Building

Date on Market:

2026-03-04

Victoria Retail for Sale

Redevelopment Opportunity with Holding Income. Positioned in the heart of a growth corridor, this 17,425 sqft. property represents an opportunity to secure a strategic site with stable income. The lot offers dual road access, with over 100 ft of frontage along W. Saanich Rd and approx 60 ft on Viewmont, immediately adjacent to Royal Oak Centre. The 7-unit commercial building is fully leased and has a long history of stable tenancy, providing dependable cash flow while future plans are contemplated.Zoned C-3 with preliminary discussions with the municipality indicate FSR's of 3.5 +.This node is undergoing transformation, with nearby city-owned lands rezoned to permit buildings up to 12 storeys and additional developments in various stages of approval. With prominent frontage, and transit connectivity via Transit Exchange, and immediate access to major retail amenities, this property offers an opportunity to secure income today while positioning for significant long-term density upside.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-03-04

Langford Industrial for Sale

Opportunity to acquire a centrally located industrial/office strata unit in the heart of Langford, located off Veterans Memorial Parkway and Highway 1. This unit features grade level loading with a second level office with additional mezzanine space.

Property Subtype:

Warehouse

Date on Market:

2026-03-02

Victoria Office for Sale

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.

Date on Market:

2026-02-24

Victoria Land for Sale

Colliers is pleased to present the opportunity to acquire 2870 & 2876 Jacklin Road (the “Property”), a multifamily development site located on the periphery of Downtown Langford, one of Greater Victoria’s fastest-growing residential nodes.

Property Subtype:

Commercial

Date on Market:

2026-02-18

Victoria Land for Sale

Incredible Development Opportunity for Builders & Investors! Proposed Lot A offers approx. 12,694 sqft of prime, flat building site awaiting final subdivision approval for 4 detached strata houses—each thoughtfully designed by Zebra designs at approx. 2,600 sqft, with 3 beds & 3 baths on the main and a 1 bed,1 bath legal suite! Located on a quiet, tree-lined street, this site is steps to the Gorge Waterway—perfect for summer swimming, kayaking & paddleboarding. Enjoy a short stroll to a brand new children’s park, complete with a BMX bike park and basketball court. The Galloping Goose Trail is at your doorstep, offering a 10-minute bike ride to Downtown Victoria, Uptown, or Mayfair Mall. Victoria’s vibrant microbrewery district, Glo Europub & Arbutus Park, a rare off-leash waterfront dog park just down the street. This is an unbeatable lifestyle location and a rare potential development opportunity in one of Victoria’s most connected, up-and-coming neighbourhoods. Call for more details.

Property Subtype:

Commercial

Date on Market:

2026-02-12

Victoria Land for Sale

Colliers is excited to present this centrally located townhome development site in the desirable Oaklands neighbourhood of Victoria, B.C.

Property Subtype:

Commercial

Date on Market:

2026-02-11

Victoria Retail for Sale

This offering represents the opportunity for owner-occupiers and investors to acquire an industrial strata unit at 415 Dunedin Street, a highly sought-after industrial strata complex. Centrally located within the Gorge and Selkirk Waterway, the property offers excellent access to Downtown Victoria, major arterial routes, and surrounding industrial and commercial nodes, with vacant possession available July 15th, 2026.

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-02-06

Victoria Industrial for Sale

Date on Market:

2026-02-02

Victoria Multifamily for Sale

Avison Young’s Multi-Family Team is pleased to present Park Royal Manor, a rare value-add opportunity featuring a 33-unit rental apartment building located at 1060 Pakington Street in Victoria, British Columbia (the “Property”). The Property is a well-maintained multifamily asset offering a strong going-in yield for investors, along with significant upside in rental revenue upon unit turnover. Ideally situated in Victoria’s inner core—minutes from Downtown Victoria, steps from Cook Street Village, and surrounded by premier amenities—Park Royal Manor represents a unique investment opportunity with substantial potential to capitalize on one of Canada’s most desirable rental markets.

Property Subtype:

Apartment

Date on Market:

2026-01-26

Victoria Land for Sale

The property has been rezoned with approval of a Development Permit by the District of Saanich Council, changing from RS-6 (Single Family Dwelling) to RA-11. As a result, this combined 31,345 SF site is now approved for construction of a 6-storey, 73-unit condominium building comprising a gross floor area of 70,501 SF. The project is grandfathered under the 2018 Building Code for seismic and adaptability requirements, allowing for substantial construction cost savings compared to newer code requirements. In addition, the 3 single family homes provide nominal interim rental holding income during any pre-development phase. Located in close proximity to retail and service amenities in Saanich Centre, major transit routes as well as recreational options such as Annie Park and the Lochside Regional Trail system, the site offers excellent connectivity as well as walkability.

Property Subtype:

Commercial

Date on Market:

2026-01-21

Sooke Multifamily for Sale

Sherwood Park Estates is an incredible 6.8 acre property running alongside both Sooke River and the Galloping Goose Regional Trail, offering 25 mobile home pads in a rural setting, yet just a five minute drive from downtown Sooke. The property is easily accessed by Sooke River Road, via Highway 14. Investors will benefit from strong rents and stable income as well as significant recent upgrades to services and infrastructure

Property Subtype:

Mobile Home Park

Date on Market:

2025-12-29

Langford Office for Sale

Prominently located in downtown Langford, the Terminus is a 5 storey Class AAA office building with retail at grade. Built to LEED Gold standards 2021, the building is fully leased and combines modern West Coast architecture with innovative mass timber building technology. The City of Langford is a vibrant and rapidly growing city on southern Vancouver Island. With a population of approximately 50,000, it is a key urban center in the West Shore region of Greater Victoria. The Terminus has served to attract top-tier tenants, offering prestige and best in-class amenities, catering to businesses that prioritize image, location, and operational efficienc

Date on Market:

2025-12-29