Commercial Properties for Sale in Capital

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

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

Victoria Office for Sale

Property Subtype:

Medical

Date on Market:

2025-12-10

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

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 Multifamily for Sale

Colliers is pleased to offer for sale a 100% interest in 681 Herald Street, a 17-unit apartment building located on the edge of Victoria’s downtown core. Originally constructed as a motel and restaurant, the property has been extensively renovated and converted into residential use, offering a rare opportunity to acquire a turnkey multifamily asset in a highly central location.

Property Subtype:

Apartment

Date on Market:

2025-10-01

Victoria Industrial for Sale

Constructed with tilt-up concrete and precast hollow-core floors, the unit offers 26'4" clear height in the warehouse and 14' under the mezzanine, making it ideal for a range of light industrial or commercial uses. The space includes a 12’ x 12’ grade-level overhead door, a built-out two-piece washroom, and is equipped with a heat pump, 200 Amp 3-phase electrical service, and separately metered natural gas. Six reserved surface stalls and access to 112 shared customer parking spaces ensure ample on-site parking.

Property Subtype:

Warehouse

Date on Market:

2025-09-25

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

Sooke Land for Sale

Strategically located in the heart of Sooke’s Town Centre, this dual-parcel investment offering presents a rare opportunity to acquire 0.69 acres of prime land with immediate holding income and exceptional future development potential. Comprising two adjacent lots totaling 29,970 square feet, the site features key frontage along West Coast Road (Highway 14), the primary commercial artery of the region, and sits directly across from a proposed mixed-use shopping center. The property includes three income-generating components: a tenanted warehouse currently occupied by Cloverdale Paint, a single-family residence, and Sooke’s only operating car wash, which may be leased or owner-operated. These assets provide stable cash flow while development plans are pursued under the favorable Town Centre OCP designation. This offering is well-suited for investors and developers looking to secure a foothold in one of Vancouver Island’s most dynamic and evolving communities, with the flexibility to generate income today and unlock long-term value tomorrow.

Property Subtype:

Commercial

Date on Market:

2025-09-15

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

Sooke Industrial for Sale

Positioned in the heart of Sooke Industrial Park, 62 – 7450 Butler Road presents a rare opportunity for owner-occupiers or investors seeking a versatile industrial asset with strong fundamentals. This 22,255-square-foot facility sits on a 0.76-acre lot and features steel construction with a fabric roof, 21’ to 40’ ceiling heights, and a 17’ x 18’ grade-level door. The building includes office space, staff amenities, and multiple storage areas, making it ideal for manufacturing, logistics, or specialized industrial operations. The site-specific M-SBP zoning allows for a wide range of permitted uses, including general industrial, business support services, vehicle sales, retail accessory uses, and even medical marijuana production. Located just minutes from downtown Sooke and 30 minutes from Langford, the property offers convenient access to Highway 14 and the broader Westshore region. With a competitive asking price of $2,750,000 (just $124 PSF), this asset is well-positioned for buyers seeking value, flexibility, and long-term growth in a rapidly developing industrial corridor.

Property Subtype:

Warehouse

Date on Market:

2025-08-19

Victoria Multifamily for Sale

Casa Verde, located at 1069 Southgate Street in Victoria’s coveted Cook Street Village, presents a rare opportunity to acquire a meticulously maintained 12-suite vintage apartment building in one of the city’s most desirable rental markets. Owned and cared for by the same party for 47 years, this three-story walk-up blends timeless architectural character with thoughtful upkeep, offering investors a stable, fully occupied asset with significant upside potential. The building comprises ten spacious one-bedroom suites averaging 870 square feet and two studio units. Eight of the suites retain original softwood flooring, and many feature restored vintage fixtures that enhance the building’s charm. With current rents sitting approximately 61% below market, new ownership stands to benefit from substantial income growth through natural tenant turnover. Strategically positioned steps from Beacon Hill Park and the vibrant retail and dining scene of Cook Street Village, Casa Verde offers tenants unmatched access to lifestyle amenities and transit. The property includes secure bike storage, seven large storage lockers, two rented garages, and three off-street parking stalls. Infrastructure highlights include a torch-on membrane roof (2008), radiant hot water heating, and separately metered hydro. This is a rare opportunity to acquire a legacy asset in a high-demand rental corridor with long-term value and repositioning potential.

Property Subtype:

Apartment

Date on Market:

2025-08-15

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

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 Multifamily for Sale

CBRE presents a rare opportunity to acquire a fully renovated 16-suite multifamily asset in one of Victoria’s most sought-after residential enclaves. Located at 340 Linden Avenue, just steps from the vibrant Cook Street Village, this character conversion—known as The Stanley—offers a blend of heritage charm and modern functionality. The building underwent a comprehensive renovation in 2017, transforming it into a low-maintenance, high-performing investment with no near-term capital expenditure requirements. Each suite features quartz countertops, soft-close cabinetry, stainless steel appliances, in-suite laundry, and vinyl wide-plank flooring. All units are individually metered, with electric baseboard heating paid by tenants, and supported by a 400-amp electrical system and a gas hot water tank installed in 2019. The property includes 16 storage lockers, secure bike storage, and thoughtfully landscaped grounds designed for minimal upkeep. Strategically positioned in the Fairfield neighbourhood, residents enjoy immediate access to Beacon Hill Park, Dallas Road Beach, and a rich mix of local amenities including cafés, restaurants, fitness studios, and boutique retailers. With a current population of over 17,000 within a 1 km radius and a projected 5.2% growth over five years, the area demonstrates strong rental demand and demographic stability. The average household income of $102,069 and a 57% renter population further reinforce the asset’s long-term appeal. This turnkey investment offers stable income, premium location, and enduring architectural character—ideal for investors seeking a high-quality multifamily asset in Victoria’s urban core.

Property Subtype:

Apartment

Date on Market:

2025-04-24

Victoria Office for Sale

Rarely available opportunity to purchase an exceptionally large C-4B Office zoned strata property in the sought after Broadmead Office Park (Aspen Building), centrally located to serve the Greater Victoria area. Easy access and egress off the Pat Bay Highway via Quadra Street and convenient parking affords both staff and visitors a pleasant on-site experience. The existing IG Wealth Management tenancy expires October 31, 2025, meaning an investor or owner / occupier will have vacant possession of the Premises November 1, 2025.

Date on Market:

2025-03-06

Victoria Industrial for Sale

CBRE Victoria is pleased to present the opportunity to purchase a 19,483 SF industrial strata unit centrally located in the Esquimalt Industrial Park at 808 Viewfield Road. Unit 103 features quality tilt up concrete construction, 30 foot clear heights, 400 amp service and full HVAC. The +/- 7,300 SF limited common property yard area provides 13 parking stalls and loading, with an additional 40+ parking stalls available after business hours. The unit is tenanted on a brand new 5-year lease with annual escalations, providing investors with secure long term income.

Property Subtype:

Warehouse

Date on Market:

2025-02-24

Colwood Retail for Sale

The property represents a rare opportunity to purchase a 4,315 SF retail strata warehouse constructed in 1981, with a 1,643 SF mezzanine office and storage area (660 SF and 983 SF respectively), and a 2,672 SF retail showroom/warehouse area on the main floor. The showroom area has small kitchenette, washroom, and four offices. The Warehouse is serviced by two roll-up 10x12 bay doors. There are a total of five strata units in the complex – known as the Pacific Rim Center on the Colwood strip – and the property is zoned CS-1 (service commercial). The City of Colwood Official Community Plan designates the existing use for the property as “Colwood Corners, Commercial.”

Property Subtype:

Auto Repair

Date on Market:

2025-01-24

Victoria Multifamily for Sale

Opportunity to purchase this 77-suite, four-storey, wood framed apartment building was constructed in 1966. The suites are heated by electric baseboard with the building serviced by one (1) Montgomery elevator.

Property Subtype:

Apartment

Date on Market:

2025-01-21