Commercial Real Estate in Capital available for sale
69

Commercial Properties for Sale in Capital

Capital Commercial Property for Sale

More details for 6639 Sooke Rd, Sooke, BC - Retail for Sale

RBC - 6639 Sooke Rd

Sooke, BC V9Z 0A3

  • Retail for Sale
  • $3,090,000 CAD
  • 3,501 SF
See More
More details for 2929-2973 Tillicum Rd, Victoria, BC - Retail for Sale

The Gorge Shopping Centre - 2929-2973 Tillicum Rd

Victoria, BC V9A 2A6

  • Retail for Sale
  • $17,000,000 CAD
  • 33,286 SF
See More
More details for 6578 Bryn Rd, Central Saanich, BC - Industrial for Sale

6578 Bryn Rd

Central Saanich, BC V8M 1X6

  • Industrial for Sale
  • $8,450,000 CAD
  • 40,986 SF
See More
More details for 3372 Luxton Rd, Langford, BC - Industrial for Sale

Pacific Ridge Business Centre - Building B - 3372 Luxton Rd

Langford, BC V9B 1Z1

  • Industrial for Sale
  • $1,858,675 - $3,178,230 CAD
  • 5,719 - 9,631 SF
  • 2 Units Available
See More
More details for 3200 Clam Bay Rd, Pender Island, BC - Land for Sale

Clam Bay Farm - 3200 Clam Bay Rd

Pender Island, BC V0N 2M1

  • Land for Sale
  • $17,800,000 CAD
  • 105 AC Lot
See More
More details for 10990 Madrona Dr, North Saanich, BC - Specialty for Sale

Deep Cove Marina & Island Cruising - 10990 Madrona Dr

North Saanich, BC V8L 5R7

  • Specialty for Sale
  • Price Upon Request
  • 4,000 SF
See More
More details for 6753 Central Saanich Rd, Victoria, BC - Land for Sale

6753 Central Saanich Rd

Victoria, BC V8Z 5V3

  • Land for Sale
  • Price Upon Request
  • 0.26 AC Lot
See More
More details for 1833 Cook St, Victoria, BC - Retail for Sale

1833 Cook St

Victoria, BC V8T 3P5

  • Retail for Sale
  • $1,375,000 CAD
  • 3,311 SF
See More
More details for 650 Allandale Rd, Victoria, BC - Industrial for Sale

Wildcat Industrial - 650 Allandale Rd

Victoria, BC V9C 0S2

  • Industrial for Sale
  • $2,750,000 CAD
  • 8,354 SF
  • 1 Unit Available
See More
More details for 9830-9844 Third St, Sidney, BC - Multifamily for Sale

Cameo - 9830-9844 Third St

Sidney, BC V8L 3A7

  • Retail for Sale
  • $1,799,999 CAD
  • 2,238 SF
  • 1 Unit Available
See More
More details for 3385-3405 Shelbourne St, Saanich, BC - Land for Sale

3385-3405 Shelbourne St

Saanich, BC V8P 4G1

  • Land for Sale
  • $6,800,000 CAD
  • 0.74 AC Lot
See More
More details for 4233 Glanford Av, Victoria, BC - Retail for Sale

4233 Glanford Av

Victoria, BC V8Z 4B9

  • Retail for Sale
  • $3,700,000 CAD
  • 3,023 SF
See More
More details for 709 Yates St, Victoria, BC - Retail for Sale

709 Yates St

Victoria, BC V8W 1L6

  • Retail for Sale
  • $6,600,000 CAD
  • 18,458 SF
See More
More details for 1105 Pandora Ave, Victoria, BC - Multifamily for Sale

The Wade - 1105 Pandora Ave

Victoria, BC V8V 3N8

  • Office/Retail for Sale
  • $624,000 - $1,599,000 CAD
  • 1,635 - 4,023 SF
  • 2 Units Available
See More
More details for 2075 W Henry Ave, Sidney, BC - Industrial for Sale

2075 W Henry Ave

Sidney, BC V8L 1T2

  • Industrial for Sale
  • $850,000 CAD
  • 3,202 SF
  • 1 Unit Available
See More
More details for 3185 Quadra St, Victoria, BC - Retail for Sale

3185 Quadra St

Victoria, BC V8X 1E9

  • Retail for Sale
  • $2,340,000 CAD
  • 4,590 SF
See More
More details for 705 Johnson St, Victoria, BC - Multifamily for Sale

705 Johnson St

Victoria, BC V8W 1M8

  • Multifamily for Sale
  • $2,995,000 CAD
  • 17,236 SF

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.

Contact:

CBRE

Property Subtype:

Apartment

Date on Market:

2026-03-06

Hide
See More
More details for 903 Humboldt St, Victoria, BC - Multifamily for Sale

903 Humboldt St

Victoria, BC V8V 2Y8

  • Multifamily for Sale
  • $2,499,000 CAD
  • 3,807 SF
See More
More details for 3106 Washington Av, Victoria, BC - Land for Sale

3106 Washington Av

Victoria, BC V9A 1P7

  • Land for Sale
  • $1,125,000 CAD
  • 0.29 AC Lot
See More
More details for 415 Dunedin St, Victoria, BC - Retail for Sale

415 Dunedin St

Victoria, BC V8T 5G8

  • Industrial for Sale
  • $875,700 CAD
  • 2,080 SF
  • 1 Unit Available
See More
1-23 of 69

Commercial Properties for Sale in Capital

View All Available Listings
How many commercial properties are available for sale in Capital?
There are currently 75 commercial properties available for sale in Capital, offering a unique opportunity for businesses to establish a presence.
How big are the commercial properties available for sale in Capital?
The average size of commercial properties available for sale in Capital is about 21,586 SF. The largest commercial properties available to buy is 269,000 SF and the smallest is 1 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for commercial properties in Capital?
The average market cap rate for commercial properties for sale is about 4.82% based on data provided in Capital. Learn more about how cap rates are calculated.