Commercial Real Estate in Esquimalt available for sale
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Commercial Properties for Sale near Esquimalt

Esquimalt Commercial Property for Sale

More details for 1234-1244 Esquimalt Rd, Esquimalt, BC - Retail for Sale

1234-1244 Esquimalt Rd

Esquimalt, BC V9A 3N8

  • Retail for Sale
  • $6,900,000 CAD
  • 16,070 SF
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More details for 808 Viewfield Rd, Victoria, BC - Industrial for Sale

808 Viewfield Rd

Victoria, BC V9A 4V1

  • Industrial for Sale
  • $6,150,000 CAD
  • 19,483 SF
  • 1 Unit Available
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More details for 741 Admirals Rd, Victoria, BC - Multifamily for Sale

Pacific Villa Apartments - 741 Admirals Rd

Victoria, BC V9A 2N9

  • Multifamily for Sale
  • $3,360,000 CAD
  • 10,725 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Victoria Multifamily for Sale

Pacific Villa Apartments presents a compelling opportunity to acquire a fully leased 12-suite multifamily asset in the heart of Esquimalt, just minutes from downtown Victoria. With a strong suite mix dominated by large two-bedroom plus den units (67.7%), the property is designed to maximize rental revenue and attract long-term tenants. Four of the twelve suites have been fully renovated, each with approximately $30,000 in upgrades, supporting a proven value-add strategy with over 32% rental upside potential. The building has undergone significant capital improvements, including a newer roof, double-glazed vinyl windows, updated balconies, and a one-year-old gas-fired boiler and hot water tank. These upgrades minimize future capital expenditures and enhance tenant comfort. Radiant hot water heating and 14 surface parking stalls (12 tenant, 2 visitor) further support operational efficiency. Strategically located on Admirals Road between Esquimalt Road and Colville Road, the property benefits from direct transit access and proximity to key amenities such as Red Barn Grocery, Esquimalt Plaza, the Recreation Centre, and the newly developed Esquimalt Town Square. The building is also across from CFB Esquimalt, the township’s largest employer, which anchors the local economy with over 6,000 personnel. Esquimalt’s rental market fundamentals are exceptionally strong, with a 1.5% vacancy rate and rents rising over 6.4% year-over-year. The area offers slightly more affordable rents than Victoria, attracting renters from the capital’s higher-priced market. With a projected population increase and rising household incomes, Pacific Villa Apartments is well-positioned to deliver stable cash flow and long-term growth.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2024-10-23

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More details for 800 Viewfield Rd, Victoria, BC - Industrial for Sale

800 Viewfield Rd

Victoria, BC V9A 4V1

  • Industrial for Sale
  • $9,300,000 CAD
  • 27,741 SF
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Commercial Properties for Sale Within 5 kilometers of Esquimalt

More details for 1120 Yates St, Victoria, BC - Office for Sale

Victoria Professional Center - 1120 Yates St

Victoria, BC V8V 3M9

  • Office for Sale
  • 46,316 SF
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More details for Carey Road Portfolio – Retail for Sale, Victoria, BC

Carey Road Portfolio

  • Retail for Sale
  • $3,650,000 CAD
  • 7,548 SF
  • 2 Retail Properties
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More details for 1020 Hillside Av, Victoria, BC - Retail for Sale

1020 Hillside Av

Victoria, BC V8T 2A3

  • Retail for Sale
  • $1,150,000 CAD
  • 1,927 SF
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More details for 707 Courtney St, Victoria, BC - Multifamily for Sale

The Falls - 707 Courtney St

Victoria, BC V8W 0A9

  • Retail for Sale
  • $4,810,000 CAD
  • 6,417 SF
  • 1 Unit Available
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More details for 681 Herald St, Victoria, BC - Multifamily for Sale

681 Herald St

Victoria, BC V8W 1S8

  • Multifamily for Sale
  • $4,500,000 CAD
  • 10,000 SF
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Commercial Properties for Sale in Esquimalt

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How many commercial properties are available for sale in Esquimalt?
There are currently 4 commercial properties available for sale in Esquimalt, offering a unique opportunity for businesses to establish a presence.
How big are the commercial properties available for sale in Esquimalt?
The average size of commercial properties available for sale in Esquimalt is about 18,505 SF. The largest commercial properties available to buy is 27,741 SF and the smallest is 10,725 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 Esquimalt?
The average market cap rate for commercial properties for sale is about 5.22% based on data provided in Esquimalt. Learn more about how cap rates are calculated.