Commercial Properties for Sale in Victoria

Victoria Land for Sale

FOR SALE | DP Ready 11,220 SF Proposed Townhouse Site 6753 Central Saanich Road, Victoria, BC Strategically located on the southwest corner of Central Saanich Road and White Road in the Keating neighbourhood, this property offers a unique development opportunity in a semi-rural setting. Just east of Highway 17 (Patricia Bay Highway), it provides: * 20 minutes to Downtown Victoria * 10 minutes to Sidney & Swartz Bay Ferry Terminal * 11 minutes to Victoria International Airport

Property Subtype:

Residential

Date on Market:

2025-09-05

Victoria Office for Sale

Colliers Macaulay Nicolls Inc. (“Colliers”) has been retained on an exclusive basis by Cook and Yates Holdings Ltd. (the “Owner”) to offer for sale the Victoria Professional Building (“Vic Pro” or the “Property”) located at 1120 Yates Street, Victoria, BC. Prominently located on the eastern periphery of downtown Victoria, Vic Pro features five (5) storeys of office and retail units totaling 46,316 SF of rentable area. The Property shares underground parking with the neighbouring residential buildings, NEST and Haven, providing 100 commercial parking stalls of which 75 are reserved and 25 are hourly/ daily spaces.

Property Subtype:

Medical

Date on Market:

2024-10-24

Victoria Office for Sale

Property Subtype:

Medical

Date on Market:

2025-12-10

Victoria Retail for Sale

This offering presents a rare opportunity to acquire a landmark property that has served as the cornerstone of the James Bay commercial district for over a century. Fully leased, the building comprises a balanced mix of four one-bedroom residential suites and four commercial units, contributing to the area’s dynamic urban fabric.

Date on Market:

2025-12-09

Victoria Health Care 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

Date on Market:

2025-12-03

Victoria Land for Sale

Property Subtype:

Commercial

Date on Market:

2025-12-01

Victoria Multifamily for Sale

Hilltop House at 1527 Fort Street presents a rare opportunity to acquire a fully renovated, 17-suite apartment building in Victoria’s prestigious Rockland neighborhood. This turnkey asset combines timeless architecture with modern upgrades, offering investors peace of mind with no deferred capital expenditures. Each suite boasts condo-quality finishes, including quartz countertops and premium appliances, ensuring strong tenant appeal and retention. Recent improvements—such as a new torch-on roof, upgraded elevator cab, and tankless hot water system—underscore the property’s exceptional condition. Strategically positioned steps from Oak Bay Junction, Hilltop House provides residents with unmatched access to boutique shops, cafes, and essential services, while Downtown Victoria and Oak Bay are just minutes away. The property benefits from excellent transit connectivity and proximity to Royal Jubilee Hospital, reinforcing its desirability among professionals and long-term renters. With a strong going-in yield of 4.5% and eight suites offering rental growth potential, this investment promises both stability and upside in one of Victoria’s most sought-after rental markets.

Property Subtype:

Apartment

Date on Market:

2025-11-21

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

Colliers is proud to present Ashford Court, a well maintained 18-unit apartment building located in Victoria’s highly sought-after South Jubilee neighborhood. Near the border of Oak Bay, the property benefits from being directly on a transit route, walking distance to amenities such as the Urban Grocer and Save-On-Foods, and a stable tenant mix. This 4-storey wood-frame building is situated on a 13,960 square foot lot and features a desirable mix of spacious one and two bedroom suites.

Property Subtype:

Apartment

Date on Market:

2025-11-14

Esquimalt Retail for Sale

Currently home to Action Motorcycles who plan on expanding into a larger building in Greater Victoria, this prominent building is “centre ice” in Esquimalt’s City Centre being only 5 minutes to the City of Victoria, the Department of National Defence and in walking distance to the Esquimalt Recreation Centre, Memorial Park, Saxe Point, the Library and retail amenities serving this community. The subject property is directly across from the newly developed Esquimalt Town Square.

Date on Market:

2025-11-13

Victoria Retail for Sale

Colliers is pleased to present the opportunity to acquire a standalone office/retail building located in the vibrant Quadra Village District. Offering excellent exposure along Hillside Avenue, the property benefits from high traffic counts, strong pedestrian visibility, and convenient access to Downtown Victoria, Hillside Shopping Centre, and Mayfair Shopping Centre. Previously occupied by a Member of the Legislative Assembly (MLA) office for over 20 years, this property is ideally suited for professional office, or boutique retail users seeking an established and accessible location.

Date on Market:

2025-10-29

Victoria Office for Sale

Strategically located in the Royal Oak node of Saanich, 4520 West Saanich Road presents a compelling opportunity for owner-occupiers, developers, or investors seeking a well-positioned commercial asset with immediate utility and long-term upside. This standalone office building spans two floors totaling 3,329 square feet and sits on a 9,450-square-foot parcel with 18 surface parking stalls, offering both functionality and visibility in a high-demand corridor. The property features modern interior finishes, including private offices, reception areas, meeting rooms, and break spaces across both levels. With flexible tenancies currently in place, purchasers have the option to maintain holding income or secure vacant possession for immediate occupancy. The building’s prominent signage potential and direct access to West Saanich Road enhance its appeal for professional services, medical, or administrative users. Designated within the 400-meter Transit-Oriented Area (TOA) and identified as a Primary Growth Area in the Saanich Official Community Plan (OCP), the site is primed for future redevelopment. Provincial TOA guidelines support a minimum 2.5:1 FAR and six-storey density, with municipal openness to alternative proposals. The C2 zoning allows a wide range of uses including retail, office, medical, daycare, and residential, providing flexibility for repositioning. Surrounded by major retail anchors such as Thrifty Foods, Canadian Tire, and Tim Hortons, and within walking distance to Royal Oak Shopping Centre and Saanich Commonwealth Place, the location offers excellent amenity access. Downtown Victoria is just a 15-minute drive, with Swartz Bay Ferry Terminal and Victoria International Airport reachable within 25 and 20 minutes respectively.

Date on Market:

2025-10-22

Victoria Industrial for Sale

510 Gorge Road East provides an owner-occupier or investor the opportunity to acquire industrial real estate in one of the most highly sought after locations in Greater Victoria.

Property Subtype:

Service

Date on Market:

2025-10-13

Victoria Industrial for Sale

Positioned in the heart of Saanich’s Royal Oak Industrial Park, 760 Enterprise Crescent offers a rare opportunity to acquire a ±9,000 SF freestanding flex-industrial building on nearly one acre of land. With immediate access to Highway 1 and Highway 17, the site provides exceptional connectivity to Downtown Victoria, the Swartz Bay Ferry Terminal, and Victoria International Airport—all within a 15 to 22-minute drive. The building features 14-foot clear heights, one dock-level and one grade-level loading door, and over 30 surface parking stalls. Its flexible layout includes warehouse space, open office areas, reception, and multiple private offices, making it suitable for a wide range of industrial, commercial, or mixed-use applications. The property is zoned M-3 Industrial Park, supporting uses such as warehousing, retail, office, research, and veterinary services. Additionally, the site has received third reading approval for a future 10-storey mixed-use development with a 3.0x FSR, offering long-term redevelopment potential. Currently occupied under a short-term lease, the asset provides holding income while allowing for future owner-occupancy or intensification. The surrounding area is well-served by public transit, cycling infrastructure, and nearby amenities including Broadmead Village and Royal Oak Shopping Centre.

Property Subtype:

Service

Date on Market:

2025-10-13

Victoria Multifamily for Sale

Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity for an owner-user to acquire a highly visible corner strata retail unit at 869 Douglas Street, Victoria, B.C. (the “Subject Property”). The Subject Property is a 6,417 SF ground floor corner strata lot, fronting Douglas Street (Highway 1 / Trans-Canada Highway) in downtown Victoria. The unit is priced well below replacement cost and further benefits from on-site shared parking, its location beneath The Falls (two residential towers totaling 155 residential units), and strong adjacent co-tenancies, Browns Socialhouse and 7-Eleven.

Property Subtype:

Apartment

Date on Market:

2025-10-02

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 Office for Sale

Colliers is pleased to present for sale a two-storey heritage office building located in Victoria’s Central Business District, just one block away from the “centre ice” intersection of Fort and Douglas Streets. The building was constructed in 1912 for British America Trust Co., with an addition built at the rear of the building in 1966. The striking architectural frontage offers a unique opportunity to locate in one of Victoria’s most attractive buildings.

Date on Market:

2025-09-19

Victoria Multifamily for Sale

The subject property features a two-and-a-half-storey wood-frame apartment building that has been converted into eight (8) legal suites. These include one (1) studio suite, five (5) one-bedroom suites, one (1) two-bedroom suite, and one (1) three-bedroom suite. The property offers on-site parking for up to 10 vehicles, and most suites include balconies or patios. Rent covers hot water and heating for all suites, except for the three-bedroom suite, which is responsible for its own electric heating costs. The two-bedroom suite has in-suite laundry, while the remaining suites have access to on-site laundry machines owned by the Landlord. Each suite is individually metered for electricity, with tenants directly responsible for their usage.

Property Subtype:

Apartment

Date on Market:

2025-09-18

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

Victoria Office for Sale

Avison Young Victoria and Maaxam Realty are pleased to bring to the market a 3,200 + square foot, 3 story Office Residential Commercial building located on a 7,000 square foot lot with secure parking for 5 to 7 vehicles. The building was used for many years as a Financial Investment office. (Ideal for Medical or any Professional Service) 1600sqft on main level, Covered Entrance with reception area, 4 full offices, kitchen area, and a board room and bonus sundeck access area. Upstairs has a completely self-contained 1-bedroom suite, with a smartly done gas fireplace and private sundeck. Downstairs has a 19' x 31’ garage, 2 bedrooms, 3-piece bathroom, and ample room to expand in the unfinished area. Industrial Employment-Residential Mixed-use buildings with ground floors designed specifically to support light industrial functions with densities of approximately 2.0:1 FSR, with no more than 1.5:1 comprised of housing. Densities of 2.5:1 FSR may be considered for non-market housing projects where the light industrial ground floor build form is still met.

Property Subtype:

Office/Residential

Date on Market:

2025-07-01

Victoria Land for Sale

The residential makeup in the area is predominantly single-family dwellings with medium density apartment and condominium units along McKenzie Avenue. This area is popular with renters as it benefits from the favorable bus routes directly to the University of Victoria along the McKenzie corridor, and its central suburban location makes for an easy commute to Victoria’s downtown core, the Saanich Peninsula, and the Westshore. The Subject property is identified in a primary growth area and is surrounded by recently approved and legacy multifamily properties. Saanich’s current OCP speaks to mid-rise buildings of up to 12-storeys in this location. There is a current development permit application (unapproved) for an 8-storey building which equates to a 2.9:1 FAR.

Property Subtype:

Commercial

Date on Market:

2025-07-01