Commercial Properties for Sale in Capital

Victoria Land for Sale

Colliers is pleased to present the opportunity to acquire a centrally located townhouse development site in Victoria. The site totals 5,940 SF and is rezoned with Development Permit (DP) in hand. The Property has been successfully rezoned to R-114 Zone (1326 Pandora Street District) to accommodate a four-unit townhome development, offering an excellent opportunity for residential development. The new zoning will permit four (4) townhomes to be constructed allowing prospective purchasers to design their own missing middle project in a highly central location in Victoria.

Property Subtype:

Residential

Date on Market:

2026-05-01

Victoria Land for Sale

Colliers is pleased to present a rare opportunity to acquire a large-scale light industrial development site on the edge of downtown Victoria. The property benefits from immediate access to two of the city’s primary arterial routes, offering exceptional connectivity for a variety of industrial and commercial users. The Government and Queens consolidated land assembly is ±2.0-acres in size and represents unmatched scale within Victoria’s urban core, featuring approximately 243 feet of prominent Government Street frontage. In addition to the Government and Queens assembly, the package also includes a +/-7,200 sf lot on Discovery Street with a standalone warehouse. The offering is further enhanced by secure holding income, providing investors with near-term cash flow while preserving long-term redevelopment potential.

Property Subtype:

Commercial

Date on Market:

2026-04-23

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

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 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 Office for Sale

Two strata commercial office spaces in Downtown Victoria! Located at the north edge of the Downtown Core, these two strata offices or retail spaces situated in a mixed-use strata building on a quiet street with easy access to parking and transit. Four parking spots are designated for exclusive use of this place. Unit 102 enjoys a quiet outlook onto landscaped common property. It is divided into four large offices, a spacious central reception and waiting area, staff kitchen, 2-piece washroom and large utility room (5th office). Need more space? Unit 102 & 103 are connected to each other by an interior door. Unit 103 enjoys a bright street front outlook and includes three office spaces, a central reception/administrative work area and a client waiting area. It includes a 2-piece washroom. Units can be bought together or separately and can be amalgamated. Seller will sell chattels like office furniture and equipment. Why pay rent when you can invest in your own office space? Contact us today for more information! PIDs: 017-830-575 and 017-830-567

Date on Market:

2026-02-26

Victoria Retail for Sale

Prime Investment Opportunity! Offered for the first time on the market,1881 Fort St represents a rare opportunity to acquire a well-established neighborhood strip mall in one of Victoria’s most sought-after and resilient locations. Ideally positioned directly across from Royal Jubilee Hospital, this property benefits from constant daily traffic, exceptional visibility, and a built-in customer base that supports long-term stability. This attractive strip mall is home to excellent tenants operating under strong leases with built-in escalation clauses, providing reliable income growth and peace of mind for the discerning investor. The tenant mix is well suited to the surrounding community and hospital presence, contributing to consistent demand and low vacancy risk. A true long-term hold, this asset combines location, income security, and future upside, qualities rarely found together in today’s market. Whether you are expanding an existing portfolio or seeking a cornerstone investment, a genuine gem in the Victoria commercial landscape

Property Subtype:

Freestanding

Date on Market:

2026-02-18

Victoria Industrial for Sale

Date on Market:

2026-02-02

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. Please contact agent for additional information.

Property Subtype:

Mobile Home Park

Date on Market:

2025-12-29

Victoria Multifamily for Sale

Avison Young is pleased to present this opportunity to purchase this Oak Bay Avenue strata investment property. With an excellent national covenant tenant in place, this is a unique opportunity on one of Victoria’s most sought-after corridors

Property Subtype:

Apartment

Date on Market:

2025-12-03

Victoria Portfolio of properties for Sale

This versatile assembly offers stable cash flow from the VCA lease, with immediate functionality for owner-occupiers with 3892 Carey Road being completely vacant, or investors could lease out the units and increase their return. The properties also offer great long-term development potential, with a total site size of 20,880 square feet. 3892 Carey Road is currently demised into 4 commercial retail units on the main level, with a large 2 bedroom residential unit on the second level, all of which are currently vacant. This provides owners with the flexibility of occupying some or all of the building for their own use and leasing out the remaining units for additional cash flow. The C-2 zoning allows for a wide range of uses including retail, medical services, office, restaurant, apartment and daycare use to name a few. 3890 Carey Road is a 4,645 SF building leased to VCA, as a legal non-confirming vet use. Their lease runs until March 31, 2027 with two further options to renew, each for a term of 5 years. This provides owners with a stable source of cash flow

Date on Market:

2025-11-18

Victoria Multifamily for Sale

Ashford Court is an 18-unit apartment building located at 1760 Fort Street in Victoria’s South Jubilee neighborhood, near the Oak Bay boundary. The property offers investors the opportunity to acquire a fully occupied rental asset within one of Victoria’s most established residential districts. The building is situated on a ±13,960-square-foot site and features a mix of primarily two-bedroom suites, supporting broad tenant appeal and long-term rental demand. The property's location contributes significantly to its investment profile. Positioned along a major transit corridor, Ashford Court provides convenient access to downtown Victoria, the University of Victoria, and Camosun College. Residents benefit from walkable access to daily amenities including grocery stores, restaurants, cafes, pharmacies, and recreational facilities. Royal Jubilee Hospital is located within walking distance, providing a major nearby employment anchor and supporting consistent housing demand in the area. Operationally, the asset features separately metered hydro for most units, natural gas hot water radiant heating, on-site laundry facilities with seller-owned equipment, storage lockers, and surface parking for residents and visitors. The building reports 100% occupancy and includes 14 paved parking stalls and 17 storage lockers. Investors may also recognize potential income growth through future tenant turnover where rents may be adjusted to market conditions in accordance with applicable regulations. Victoria continues to experience limited rental housing supply and sustained demand from healthcare, education, government, and service-sector employment bases. Ashford Court combines a central location, stable occupancy, and established tenancy within a mature urban neighborhood.

Property Subtype:

Apartment

Date on Market:

2025-11-14

Capital Retail for Sale

Colliers is pleased to offer for sale 7925 East Saanich Road, a fully renovated strata titled mixed-use building containing three residential units and a large ground floor commercial unit fully leased to a daycare facility. Previously used as a retail store on the main floor and daycare facility on the lower floor, the building underwent extensive renovations to create three residential units on the main floor and a new upper floor while also expanding the daycare on the lower floor. Upgrades include fire separation between units and commercial spaces, seismic reinforcements, new plumbing, perimeter drains, and electrical panels for each residential unit and the daycare.

Date on Market:

2025-11-11

Victoria Industrial for Sale

Positioned in Victoria’s highly sought-after Rock Bay industrial district, 565 David Street presents a rare opportunity to acquire a meticulously upgraded freestanding showroom and warehouse. This 6,640 SF facility combines robust concrete block construction with refined interior finishes, offering both operational efficiency and elevated presentation. The main level spans 5,800 SF with soaring 15-foot ceilings, while the 840 SF mezzanine includes a luxury boardroom and four private offices, ideal for executive or client-facing functions. The property features two 12’ x 12’ electric overhead glass loading doors, automatic security shutters, and polished concrete and tile flooring throughout. A complete car detailing bay with compressed air, radiant gas heat, and floor drain enhances its utility for automotive or specialty industrial users. The reception area is outfitted with a built-in cappuccino machine, dishwasher, fridge, and wall-mounted TV, creating a welcoming and professional environment. With direct access to Highways 1 and 17, the site offers exceptional connectivity across Greater Victoria. Prominent signage opportunities and flexible M-2 zoning further support a wide range of business uses. Fully renovated in 2015 with over $350,000 in upgrades, this asset is move-in ready and ideal for owner-users or investors seeking a premium industrial footprint in a central location.

Property Subtype:

Showroom

Date on Market:

2025-10-13

Victoria Land for Sale

Colliers is pleased to present an exceptional opportunity to acquire a prime redevelopment site in Saanich, BC, located at 41, 43, 51 Cadillac Avenue (collectively the “Property”). The ±16,800 SF property falls within a Provincially designated Transit-Oriented Area (TOA), allowing for a minimum density of 10 storeys and 3.5:1 FSR. Given the TOA designation, no parking is required. Within the Core designation of Saanich’s Uptown Douglas Plan, the Property is designated for high-rise buildings with a base of 12 storeys and a max of 18 storeys.

Property Subtype:

Commercial

Date on Market:

2025-09-19

North Saanich Retail for Sale

Opportunity to acquire a 0.65-acre (28,314 square foot) commercially zoned corner lot with a 3,041 sq. ft. building, currently home to the long-standing family business, Gurton’s Garage. Ideal for an owner-user, investor, or developer, the property can also be expanded to approx. 2.94 acres (128,066 sq. ft.) by assembling up to three residential lots to the north (currently for sale) and one residential lot to the east (owned by the Gurton family). Located in the heart of Saanichton, B.C., at McTavish and East Saanich Roads, it’s just 5 minutes to Victoria International Airport and 10 minutes to BC Ferries. This is the first time this property has come to market in over 100 years. While the business is not for sale, assets may be purchased for continued auto use. The one-level building offers admin and sales offices, a large work area, and four grade-level bay doors. The family is open to a leaseback, providing holding income during redevelopment planning.

Property Subtype:

Auto Dealership

Date on Market:

2025-09-09

Victoria Industrial for Sale

Date on Market:

2025-09-04

Victoria Retail for Sale

3rd Floor - Exceptional Opportunity – Fully Built-Out LEED Platinum Office Space in Vic West. Seize the chance to own an entire floor of premium office space in the sought-after Vic West neighbourhood. This rare strata opportunity includes five fully built-out units comprising the entire third floor, designed to the highest environmental standards with LEED Platinum certification. Ideally located just steps from the Galloping Goose Trail, Westside Village Shopping Centre, the scenic Songhees Walkway, and all the conveniences of downtown Victoria, this property offers the perfect blend of accessibility, sustainability, and professional appeal.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-07-09

Langford Retail for Sale

The property of interest is located on 0.92 acres on the east side of the Trans Canada Highway. This 5,700 square foot building has two equal floors, and is newly constructed as of 2016. The main floor features a state-of-the-art commercial kitchen, restaurant dining room with seating, and large bar area with its own seating. It features high ceilings, tasteful modern décor, and a welcoming veranda with large enclosed patio. This is a true plug and play opportunity for a restaurant tenant or owner-occupier. In addition to the main floor, there is a sizeable basement currently being used for office and storage which can be easily converted to a residential suite with no permitting or zoning changes required. With nearly an acre of land, this property has future development value and plenty of potential upside.

Property Subtype:

Restaurant

Date on Market:

2025-06-23

Victoria Specialty for Sale

Avison Young is pleased to bring to market this charming and completely renovated well-appointed single tenant office building in the North Park commercial node of Victoria. The property is a converted house that has been updated multiple times since it’s construction in the early 1900’s. Nearby amenities are within walking distance and include Save on Foods grocery, Rexall pharmacy, Jones Barbeque, Patisserie Daniel, Westcore Fitness, Castle Building Supply, Fernwood Coffee, North Park Bikes, and a variety of restaurant offerings. The area is also experiencing major growth with new condominium, retail and rental projects. The property is available for immediate possession.

Property Subtype:

Schools

Date on Market:

2025-05-12

Victoria Industrial for Sale

Langford is not only Canada’s fastest-growing city but also it’s a business success story in the making. Backed by pro-business policies, streamlined permitting, and strong municipal leadership, Langford is home to a vibrant mix of local startups and national brands. With a booming population and major infrastructure investments, it’s a prime spot for ambitious businesses. West Shore Business Park Now available: A rare two-level industrial unit in this newly completed development. Direct access to Highway 1 & 14 Minutes to BC Ferries & Victoria International Airport Ideal for servicing Greater Victoria, Vancouver Island, and beyond. Don’t miss this opportunity to grow in one of BC’s most strategic and future-ready industrial hubs. DM Anne Tanner* or Billy Yang for Sale & Lease info or to schedule a tour. #LangfordIndustrial #CommercialRealEstate #WestShoreBusinessPark #ForLease #ForSale #IndustrialSpace #VancouverIsland #VictoriaBC #VancouverIslandBusiness #CRECanada #LogisticsReady #LangfordBC #CRE #CommercialRealEstate #IndustrialRealEstate #Warehouse #Logistic #ECommerce

Property Subtype:

Warehouse

Date on Market:

2025-05-01