Commercial Real Estate in Esquimalt available for sale
4

Commercial Properties for Sale near Esquimalt

Esquimalt Commercial Property for Sale

More details for 1511 Admirals Rd, Victoria, BC - Retail for Sale

1511 Admirals Rd

Victoria, BC V9A 2P8

  • Retail for Sale
  • $8,980,000 CAD
  • 11,854 SF
See More
More details for 808 Viewfield Rd, Victoria, BC - Industrial for Sale

808 Viewfield Rd

Victoria, BC V9A 4V1

  • Industrial for Sale
  • $6,395,000 CAD
  • 19,483 SF
  • 1 Unit Available
See More
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

Hide
See More
More details for 1075 Tillicum Rd, Saanich, BC - Retail for Sale

1075 Tillicum Rd

Saanich, BC V9A 2A4

  • Office/Retail for Sale
  • $450,000 CAD
  • 733 SF
  • 1 Unit Available
See More

Commercial Properties for Sale Within 5 kilometers of Esquimalt

More details for 415 Dunedin St, Victoria, BC - Retail for Sale

415 Dunedin St

Victoria, BC V8T 5G8

  • Industrial for Sale
  • $825,000 CAD
  • 2,080 SF
  • 1 Unit Available

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.

Contact:

Colliers

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-06-29

Hide
See More
More details for 1608 Quadra St, Victoria, BC - Hospitality for Sale

Turtle Hostel - 1608 Quadra St

Victoria, BC V8W 2L4

  • Hospitality for Sale
  • $1,480,000 CAD
  • 2,248 SF
See More
More details for 738 Pembroke St, Victoria, BC - Land for Sale

738 Pembroke St

Victoria, BC V8T 1H8

  • Land for Sale
  • $1,750,000 CAD
  • 0.19 AC Lot
See More
More details for 661 Burnside Rd E, Victoria, BC - Retail for Sale

661 Burnside Rd E

Victoria, BC V8T 2X9

  • Retail for Sale
  • $3,500,000 CAD
  • 8,574 SF
See More
More details for 3950 Carey Rd, Victoria, BC - Industrial for Sale

3950 Carey Rd

Victoria, BC V8Z 4E2

  • Industrial for Sale
  • $4,950,000 CAD
  • 23,312 SF
See More
More details for 1301 Hillside Av, Victoria, BC - Multifamily for Sale

Sparrow - 1301 Hillside Av

Victoria, BC V8T 3S1

  • Retail for Sale
  • $369,000 CAD
  • 649 SF
  • 1 Unit Available
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

Commercial Properties for Sale in Esquimalt

View All Available Listings
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 10,699 SF. The largest commercial properties available to buy is 19,483 SF and the smallest is 733 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 4.86% based on data provided in Esquimalt. Learn more about how cap rates are calculated.