Commercial Properties for Sale in Capital

Victoria Land for Sale

5.43-acre mobile home park currently zoned RH1. The Official Community Plan designates the site Neighbourhood, which supports potential future residential development or intensification subject to municipal approvals and rezoning processes. The property includes 9 undeveloped lots. These provide capacity for additional mobile home pads under the existing zoning or form part of a broader redevelopment opportunity consistent with the Neighbourhood designation. Langford has recorded one of the highest population growth rates among Canadian municipalities of comparable size in recent census periods and continues to experience strong growth. The city is frequently cited as among the fastest-growing communities in British Columbia and ranks highly nationally on a percentage-growth basis. The site offers convenient access to local retail, services, and the Trans-Canada Highway.

Property Subtype:

Commercial

Date on Market:

2026-08-18

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

Call agent today for more information.

Property Subtype:

Apartment

Date on Market:

2026-08-07

Saanich Land for Sale

Colliers is pleased to present the opportunity to acquire a rare and strategically located 1.75-acre development site in the Municipality of Saanich. The rezoning and Development Permit (DP) has received third reading approval for a 58-unit townhouse development. Offers can be made subject to adoption of zoning bylaw and ratification of DP. The proposed townhome development aims to provide the much-needed ground-oriented housing forms to the Gorge-Tillicum neighbourhood, offering an alternative to the traditional single-family home to a greater range of families and individuals.

Property Subtype:

Commercial

Date on Market:

2026-08-07

Langford Land for Sale

Colliers is pleased to present the opportunity to acquire 747 Willing Drive, a 2.73-acre redevelopment opportunity in the heart of southwest Langford. Situated within the City of Langford’s Complete Community designation, the Property offers exceptional development flexibility, permitting a range of ground-oriented housing forms, including single-detached homes, duplexes, townhomes, multiplexes, and three-storey apartment buildings, subject to servicing and municipal approvals.

Property Subtype:

Residential

Date on Market:

2026-08-04

Sooke Land for Sale

Colliers is pleased to present the unique opportunity to acquire 5723 Sooke Road, a high-exposure commercial property strategically located along Sooke Road (Highway 14), the main transportation corridor connecting Sooke with Greater Victoria. The property comprises approximately ±19,080 SF of Neighborhood Commercial (C-1) zoned land, offering exceptional visibility and accessibility within one of Vancouver Island’s fastest-growing communities.

Property Subtype:

Commercial

Date on Market:

2026-08-03

Victoria Retail for Sale

Turnkey downtown Victoria investment. Fully-leased two-storey mixed-use building with four diversified income streams under triple-net leases — a clean, low-management hold. Total rent $20,100/mo ($241,200/yr). Approx. cap rate 6.5%+. Main floor anchored by Ustaad G, an established Indian restaurant franchise with 12+ locations. Rear unit houses a spa tenanted 7+ years. Upstairs: banquet hall plus a 3-bed, 2-bath apartment occupied by restaurant staff. Repositioned 2025 — restaurant now franchise-tenanted at market rent, apartment added as new income unit. Buyer to verify floorplan and measurements, done by Sdlenselement Victoria. Contact listing agent for financials and full info package — NDA and POF required.

Property Subtype:

Restaurant

Date on Market:

2026-07-28

Victoria Flex for Sale

555 Hillside Avenue presents an opportunity to acquire a standalone commercial investment property within Victoria's established Rock Bay industrial district. The property combines current income characteristics with potential owner-occupier flexibility, making it suitable for investors, business owners, and users seeking a strategic foothold in one of Greater Victoria's most recognized industrial locations. The asset is improved with a standalone industrial building featuring warehouse and office components. The main level is owner occupied and includes warehouse and office accommodation, while the upper level is leased to a tenant on a flexible basis. This configuration offers potential for continued investment use, future owner occupancy, or a combination of occupancy and income generation. Dedicated front parking further supports operational efficiency for staff, customers, and service vehicles. Rock Bay serves as Victoria's primary industrial node and remains a key employment and business district within the region. The property's location provides convenient access to Downtown Victoria, the Trans-Canada Highway, and surrounding municipalities, supporting connectivity for industrial, trade, marine, and service-commercial users. The area's concentration of established businesses and limited supply of standalone industrial properties contributes to its continued appeal among occupiers and investors seeking centrally located industrial real estate. This offering provides the opportunity to secure a well-located industrial asset with existing occupancy, flexible future use options, and direct exposure to one of Victoria's most established commercial and industrial corridors.

Date on Market:

2026-07-24

Saanichton Portfolio of properties for Sale

This real estate portfolio was developed over years of growth by Access Records who established themselves as the largest record storage facility in Victoria. The family sold Access Records and Media Management to Access Information Management Corporation, which is a large multinational with over 190 locations throughout North America. As part of the sale a lease back of the real estate was negotiated and further renewals have been executed.

Date on Market:

2026-07-10

Victoria Multifamily for Sale

This 14-unit multifamily property at 1333 Pandora Avenue offers investors an exceptional opportunity in the heart of Victoria. Situated on a 13,085 square-foot corner lot within the Fernwood neighborhood, the asset features a well-maintained three-story building with recently renovated units and DP-approved plans for four additional dwellings. The current configuration includes six bachelor and eight one-bedroom units, complemented by surface parking for 20 vehicles, coin-operated laundry, and a robust infrastructure that includes an updated fire panel and two new hot water tanks. With five upgraded suites and electric baseboard heating costs covered by tenants, this property offers low operational overhead. The apartments enjoy below-market rents, creating significant value enhancement potential through repositioning. The approved development permit allows for three one-bedroom units and one two-bedroom unit to be added at grade without disturbing existing tenancies—a rare intensification opportunity in Victoria’s stable rental market. Positioned minutes from Downtown Victoria, the location ensures strong connectivity to employment hubs, retail corridors, schools, and public transit, with nearby parks and green spaces enhancing tenant appeal. This combination of in-place income, embedded potential for rent growth, and expansion certainty provides a compelling proposition for investors seeking long-term stability and upside.

Property Subtype:

Apartment

Date on Market:

2026-07-08

Victoria Retail for Sale

This two-level light industrial strata unit offers investors and owner-occupiers a rare opportunity to secure a versatile property in Victoria’s highly desirable Gorge–Selkirk industrial district. The 2,080-square-foot unit provides functional space with 9-foot ceilings on the main floor and 8-foot 6-inch ceilings on the upper floor, with the potential to install a bay door for enhanced operational flexibility. Situated in a well-maintained complex, the property ensures easy access to downtown Victoria while connecting seamlessly to major arterial routes and transit corridors. The zoning supports a variety of uses, including bakeries, clubs, and professional services, making it appealing for businesses seeking proximity to commercial and residential hubs. Two dedicated on-site parking stalls add convenience, while the Garballey Limited-Service District zoning creates a wide array of permitted uses, perfect for long-term adaptability and value retention. Positioned minutes from the Bay Street Bridge, Point Hope Maritime, and other key landmarks, this unit places businesses in a prominent location for both access and visibility. With strong underlying demand in a supply-constrained market and immediate availability slated for July 2026, this property is a compelling acquisition for those seeking security, versatility, and competitive positioning in Victoria’s industrial real estate market.

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-06-29

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 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 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