Commercial Properties for Sale in Capital

Victoria Retail for Sale

Marcus & Millichap's Western Canada NNN Group presents 1511 Admirals Road, View Royal, BC (the "Subject Property"), an 11,854 SF freestanding Rexall pharmacy on a corner site at Admirals Road and Glentana Road, surrounded by national tenants including Canadian Tire and Thrifty Foods (Sobeys). The property is 100% leased to Rexall Pharmacies (BC) ULC on a landlord-favourable NNN lease expiring October 31, 2031, with two successive five-year renewal options, approximately 5.5 years of remaining term, and backed by a tenant with a 122-year operating history and ~400 locations nationally.

Date on Market:

2026-05-22

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

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 Multifamily for Sale

Opportunity to acquire a prime ground floor commercial strata unit along Oak Bay Avenue, ideal for those seeking to own their own real estate. This ±2,105 SF retail unit is currently leased to RBC, who have indicated a willingness to terminate their lease and vacate the premises upon sale. Alternatively, a purchaser can elect to maintain the existing tenancy through its expiry in May 2027, providing near-term income stability. The unit benefits from extensive infrastructure, mechanical, and electrical upgrades completed by RBC, offering a high-quality and functional space for a range of users. The premises feature direct frontage and access from Oak Bay Avenue, along with a rear exit connecting to second-level commercial tenant parking, providing convenient accessibility for both customers and staff.

Property Subtype:

Apartment

Date on Market:

2026-06-26

Victoria Hospitality for Sale

Charming non heritage Hostel property for Sale in Prime Downtown Location. This cozy, character-filled hostel boasts 2,835 sq. ft. , combines the charm of a vintage building with modern conveniences, having undergone partial updates. Nestled in the heart of the downtown area, it’s just steps away from popular tourist attractions and all essential amenities, with convenient access to public transit. A fantastic opportunity for anyone looking to own a unique property in a thriving area. Seller is open to a vendor payback arrangement. CA-3 zoning, allows a wide variety of commercial and mixed-use opportunities—retail, office, service, or food/beverage uses. The floor space ratio of a building shall not exceed 3 to 1. Potential up to 10,125 sqft buildable gross floor area. Come make it your DESTINED business! Please do not approach staff and owner regarding sale of business.* Share purchase is also an option. ( All information are from City of Victoria, please verify if important.) (30879056)

Property Subtype:

Hostel

Date on Market:

2026-06-26

Victoria Office for Sale

Prominently situated at street level along the south side of Oak Bay Avenue, the east side of McGregor Avenue and the west side of Terrace Avenue, in the Rockland neighbourhood of Victoria. The strata unit is comprised of 1,498 square feet and offers premium office space with direct access from the street, excellent signage opportunity, and ample parking with 2 dedicated parking stalls and 17 visitor stalls. The strata benefits from high-end finishings throughout and is built-out with a beautiful reception area, 5 offices, a kitchen/staff room, a large boardroom, in-suite washroom and common area washrooms. Zoned TCD-1, it's well suited to a variety of personal, medical, professional services, etc. It’s proximity to Oak Bay’s Village Centre, access to transit, and its urban streetscape make it a desirable place to work and invest. The property provides an excellent owner user and/or investment opportunity as the commercial space will be provided vacant on closing.

Date on Market:

2026-06-26

Victoria Land for Sale

738 Pembroke Street presents a rare opportunity to acquire a strategically located development land in one of Victoria’s most desirable urban corridors. Located just minutes from the Blanshard and Douglas Street Corridors that funnel directly into the Downtown Core. The strategic position places the property at the doorstep of one of the city’s most active redevelopment nodes, with rapid access to major transit routes connecting Greater Victoria. The current house on the property is vacant, allowing for immediate demolition upon permitting approval. Development Potential: The Property Civic Addresses: The subject property is located in the Industry, Arts, and Innovations district allowing for a (3:1 current FSR, up to a 5:1 under the Victoria 2050 OCP. Sub Area - The Rock Bay Slope policy area is intended to accommodate strategically located housing while preserving Victoria’s industrial employment base. The area envisions vibrant mixed-use buildings featuring light industrial, commercial, office, and art/cultural uses at lower levels, with residential and work-live opportunities above

Property Subtype:

Residential

Date on Market:

2026-06-26

Victoria Retail for Sale

Date on Market:

2026-06-17

Victoria Land for Sale

791 Drummond Way (the “Property”) presents an opportunity to acquire a zoned 43-unit townhome development site within the rapidly evolving market of Colwood. The 4.83-acre site is zoned CD-32 (Comprehensive Development 32) and supports a well-planned collection of spacious two and three-bedroom townhomes designed to meet the increasing demand for family-oriented housing in Greater Victoria. Benefiting from advanced development planning, strong regional connectivity, and proximity to a broad range of amenities, the Property is ideally positioned.

Property Subtype:

Commercial

Date on Market:

2026-06-08

Victoria Retail for Sale

661 Burnside Road East offers owner-occupiers the ability to acquire their own real estate while occupying all or a portion of the ground floor, complemented by stable rental income from second-floor tenants. For investors, the property presents a compelling value-add opportunity through the lease-up of the ground floor, enhancing overall income and long-term returns.

Date on Market:

2026-06-05

Victoria Industrial for Sale

3950 Carey benefits from its highly centralized location and in place industrial zoning. Located beside major regional transportation routes such as McKenzie Avenue, the Trans-Canada Highway and the Patricia Bay Highway, the property has been home to a commercial bakery for many years. The existing bakery is expanding into a new building and will be providing vacant possession with all bakery equipment removed leaving an improved shell. This property provides an expansive floor plan with dock loading, ample power and upside with the utility of a 2nd floor that can be used for manufacturing or offices.

Property Subtype:

Food Processing

Date on Market:

2026-05-29

Victoria Multifamily for Sale

Perfectly positioned in a high-visibility location, the property offers unmatched convenience with easy access to downtown Victoria, major transit routes, and a wide range of nearby amenities including Hillside Mall, Fairway Market, Save-On-Foods Memorial Centre, Cascadia Liquor, 5th Street Bar & Grill, and the shops and cafés of Quadra Village.

Property Subtype:

Apartment

Date on Market:

2026-05-15

Victoria Retail for Sale

Presented by CBRE, 1833 Cook Street represents a rare opportunity to acquire a fully leased retail investment property within Victoria’s growing North Park neighborhood. The property features a two-story 2,810 SF retail building anchored by a long-standing tenant, North Park Bike Shop, with an additional 501 SF ancillary structure at the rear of the lot. Tenant has committed through the end of 2028, with three renewal options remaining, providing secure income stability for investors. This asset boasts approximately 50 feet of exceptional frontage along Cook Street, a major connector located blocks from Victoria’s vibrant downtown core. The site benefits from strong transit service, pedestrian connectivity, and rapid neighborhood densification, supported by numerous nearby residential and mixed-use developments. Seismic upgrades performed in 2005 add further structural integrity. Positioned within the CVD-1 (Community Village District 1) zone, permitted uses extend beyond retail, accommodating a range of service and cultural uses, aligning with the area’s continued revitalization.

Property Subtype:

Storefront

Date on Market:

2026-05-12

Sidney Multifamily for Sale

Colliers is proud to present an exceptional opportunity to acquire a fully finished retail/commercial strata unit at 2469 Sidney Avenue, located in the heart of the vibrant Cameo Development by Casman Developments. This newly constructed ground-floor unit offers a premium spa/salon build-out, ideal for an owner-user seeking high-visibility retail or office space in one of Vancouver Island’s most desirable communities. Sidney is a thriving seaside town known for its boutique shopping, walkable streets, and strong local economy—making it the perfect setting for your business to flourish.

Property Subtype:

Apartment

Date on Market:

2026-05-01

Victoria Office for Sale

This is a rare opportunity to acquire a free-standing, heritage-registered building in a rapidly evolving area in downtown Victoria. Situated on quiet Amelia Street, the property benefits from immediate access to high-traffic corridors including Blanshard Street and Pandora Avenue, while maintaining a calm, professional setting ideal for a wide range of commercial or mixed-use applications. The building has been fully stripped back to shell condition, creating a true blank canvas for a new owner. All hazardous materials have been professionally remediated, major infrastructure upgrades have been completed, and the property is now ready for a purchaser to complete interior improvements to their exact vision—without the uncertainty typically associated with older buildings.

Date on Market:

2026-05-01

Victoria Retail for Sale

Gas Classics is a full service and restoration auto repair company specializing in classic vehicles. Located on the prominent corner of Vanalman and Glanford Avenue in the Royal Oak Industrial Park and one block removed from the Pat Bay Highway, the location is centre ice for Victoria and our surrounding communities. 4233 Glanford is an opportunity to acquire a prominent location with a unique zoning allowing for a broad range of uses, including auto sales.

Date on Market:

2026-04-23

Victoria Multifamily for Sale

410 Michigan Street presents a rare opportunity to acquire a seven-unit walk-up apartment building in Victoria’s highly desirable James Bay neighborhood. This property offers exceptional proximity to the Inner Harbour and James Bay Square, providing residents with convenient access to grocery stores, pharmacies, parks, and public transit. The building consists of two two-bedroom units, four one-bedroom units, and one bachelor suite, all with separate hot water tanks and individually metered hydro. Recent upgrades include double-glazed vinyl windows, enhancing energy efficiency and tenant comfort. The property features a paved rear parking lot with seven surface stalls and an additional covered parking structure. Designated as “Urban Residential” under the City of Victoria’s Official Community Plan, the site offers long-term redevelopment potential for mid-rise, multi-unit buildings up to six storeys with an allowable density of up to 2:1 FSR. This makes 410 Michigan Street an attractive investment for both stable income and future development upside.

Property Subtype:

Apartment

Date on Market:

2026-04-09

Victoria Multifamily for Sale

Wellington Manor is a four-storey, wood-frame, low-rise apartment building comprising 36 suites and situated on an approximately 30,797-square-foot lot at 1670 Fort Street in Victoria, British Columbia. Located in the highly desirable Jubilee neighbourhood, the property is surrounded by extensive amenities, including the Royal Jubilee Hospital, medical offices, schools, and grocery-anchored retail plazas, while also being just minutes from Victoria’s downtown core. Built in 1965, the building features a concrete foundation, Fort Street access and egress, and a gross building area of approximately 30,797 square feet. The exterior has been thoughtfully updated with a vibrant mid-century modern aesthetic, incorporating accent panels and modernized address signage that create a strong street presence. The suite mix includes twenty-three one-bedroom units and thirteen two-bedroom units, with 18 units renovated or upgraded since 2019. Additional features include common laundry facilities, extensive tenant storage options totaling 36 lockers, hot water baseboard heating via a gas boiler, and a 600-amp electrical service with 60 amps to each unit. With stable in-place income and future rental upside potential, Wellington Manor represents a compelling investment opportunity within Victoria’s resilient multifamily market.

Property Subtype:

Apartment

Date on Market:

2026-04-08

Sidney Industrial for Sale

Opportunity to own and operate superior quality office and warehouse in West Sidney Business Park. It is ideally located on the Saanich Peninsula with proximity the airport, BC Ferries, and the Highway 17. This is a well managed and neat complex which is efficiently operated by the strata with no upcoming levies or repairs.

Property Subtype:

Service

Date on Market:

2026-04-07

Victoria Land for Sale

Colliers is pleased to present the unique opportunity to acquire 2900 Douglas Street, Victoria, BC located on one of the busiest intersections in Victoria with exposure and access on Douglas Street and Burnside Road East.

Property Subtype:

Commercial

Date on Market:

2026-03-02

Victoria Multifamily for Sale

Devon Properties is pleased to present a unique opportunity to acquire a 100% interest in Midtown Mews – a prominently located mixed-use multifamily investment offering situated in Victoria’s thriving Burnside neighbourhood. Comprised of 24 residential units and 6 ground-floor commercial retail units, the property benefits from a history of stable rental income. Strategically positioned off Burnside Road East and Finlayson Street, Midtown Mews enjoys strong exposure and connectivity between the Saanich Core and Downtown Victoria. Renovated in 2010, a majority of suites feature in-suite laundry. Spanning three storeys, the building offers a favourable mix of bachelor, one- and two- bedroom units appealing to a diverse and stable tenant base. With strong in-place income and clear potential for future rental growth, Midtown Mews presents a rare opportunity to acquire a stable, income-producing asset.

Property Subtype:

Apartment

Date on Market:

2026-02-19

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 Industrial for Sale

Date on Market:

2026-02-02