Commercial Properties for Sale in Victoria

Victoria Land for Sale

5.43-acre mobile home park currently zoned RH1. The Official Community Plan designates the site Neighbourhood, which supports potential future residential development or intensification subject to municipal approvals and rezoning processes. The property includes 9 undeveloped lots. These provide capacity for additional mobile home pads under the existing zoning or form part of a broader redevelopment opportunity consistent with the Neighbourhood designation. Langford has recorded one of the highest population growth rates among Canadian municipalities of comparable size in recent census periods and continues to experience strong growth. The city is frequently cited as among the fastest-growing communities in British Columbia and ranks highly nationally on a percentage-growth basis. The site offers convenient access to local retail, services, and the Trans-Canada Highway.

Property Subtype:

Commercial

Date on Market:

2026-08-18

Victoria Retail for Sale

Marcus & Millichap's Western Canada NNN Group presents 1511 Admirals Road, View Royal, BC (the "Subject Property"), an 11,854 SF freestanding Rexall pharmacy on a corner site at Admirals Road and Glentana Road, surrounded by national tenants including Canadian Tire and Thrifty Foods (Sobeys). The property is 100% leased to Rexall Pharmacies (BC) ULC on a landlord-favourable NNN lease expiring October 31, 2031, with two successive five-year renewal options, approximately 5.5 years of remaining term, and backed by a tenant with a 122-year operating history and ~400 locations nationally.

Date on Market:

2026-05-22

Victoria Multifamily for Sale

The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire Pacific Central, a well-maintained mixed-use apartment building strategically located in the heart of Downtown Langford, one of Greater Victoria’s fastest growing and most dynamic urban centers. Constructed in 2014, the Property comprises 15 residential suites and a ground floor commercial unit, providing investors with a diversified income stream, modern construction, and an attractive suite mix of one-bedroom plus den and two-bedroom units.

Property Subtype:

Apartment

Date on Market:

2026-09-03

Victoria Office for Sale

Top floor corner unit with two private balconies. Beautifully finished dental office in 2017, with reception, staff room, staff washroom, four open operatories, two private operatories, sterilization and lab areas. Great opportunity for dental or medical practice.

Date on Market:

2026-09-01

Victoria Retail for Sale

Unique owner-occupier opportunity to purchase a full retail building in the heart of downtown Victoria’s Old Town District. The subject property lends itself to a wide variety of commercial uses, benefitting from high exposure signage facing Government St, a diverse mix of interior spaces, exceptional ceiling heights, and character-rich heritage elements throughout.

Property Subtype:

Storefront

Date on Market:

2026-08-31

Victoria Portfolio of properties for Sale

Union presents the opportunity to acquire three retail strata units located within one of Victoria's most recognizable mixed-use developments in the heart of Old Town. Positioned along both Pandora Avenue and Fisgard Street, the offering benefits from extensive street frontage, strong visibility, and direct exposure to year-round pedestrian and vehicle traffic in a well-established downtown commercial district. Constructed in 2014, the property forms the commercial component of the Union development, a mixed-use project that also includes 133 residential suites above. The portfolio is fully leased to five tenants, providing immediate income from a diversified retail tenancy base. The combination of multiple storefronts, frontage on two prominent downtown corridors, and location within a dense urban environment supports long-term tenant demand and investment stability. Victoria's Old Town district remains one of the city's most active retail and tourism destinations, drawing residents, office workers, visitors, and customers throughout the year. The property's proximity to downtown amenities, restaurants, specialty retailers, government offices, and waterfront attractions contributes to sustained commercial activity and visibility. Frontages of approximately 115 feet along Pandora Avenue and approximately 125 feet along Fisgard Street further enhance exposure and customer access. The offering combines modern construction, established tenancy, and a central downtown location within a historically significant commercial area. As a fully leased retail investment situated within a mixed-use development, Union offers investors the opportunity to acquire income-producing retail assets in one of Victoria's most active urban neighborhoods.

Property Subtype:

Multi Family

Date on Market:

2026-08-20

Victoria Office for Sale

Rare opportunity to purchase a 67,999SF freehold office building with high-exposure ground floor retail in Downtown Victoria, ideally located at the hub of government, office, and tourism sectors in one of Canada's prime destinations. Over $1,200,000 in NOI presenting a 7%+ capitalization rate (August 2026 annualized income). This exceptionally maintained property benefits from over $1.48M in recent upgrades, including new boilers and an emergency generator. Strong roster of AAA tenancies from government, law, financial, education, technology, and F&B sectors provides a stable income stream in one of Canada’s most desirable locations. The new buyer will also enjoy +/- $1.279M amortization recovery available with over $215k occurring in 2026. Contact listing agent for additional information.

Date on Market:

2026-08-17

Victoria Multifamily for Sale

Call agent today for more information.

Property Subtype:

Apartment

Date on Market:

2026-08-07

Victoria Multifamily for Sale

Also available for lease. Contact listing agent for additional information.

Property Subtype:

Apartment

Date on Market:

2026-08-07

Victoria Flex for Sale

555 Hillside Avenue presents an opportunity to acquire a standalone commercial investment property within Victoria's established Rock Bay industrial district. The property combines current income characteristics with potential owner-occupier flexibility, making it suitable for investors, business owners, and users seeking a strategic foothold in one of Greater Victoria's most recognized industrial locations. The asset is improved with a standalone industrial building featuring warehouse and office components. The main level is owner occupied and includes warehouse and office accommodation, while the upper level is leased to a tenant on a flexible basis. This configuration offers potential for continued investment use, future owner occupancy, or a combination of occupancy and income generation. Dedicated front parking further supports operational efficiency for staff, customers, and service vehicles. Rock Bay serves as Victoria's primary industrial node and remains a key employment and business district within the region. The property's location provides convenient access to Downtown Victoria, the Trans-Canada Highway, and surrounding municipalities, supporting connectivity for industrial, trade, marine, and service-commercial users. The area's concentration of established businesses and limited supply of standalone industrial properties contributes to its continued appeal among occupiers and investors seeking centrally located industrial real estate. This offering provides the opportunity to secure a well-located industrial asset with existing occupancy, flexible future use options, and direct exposure to one of Victoria's most established commercial and industrial corridors.

Date on Market:

2026-07-24

Victoria Multifamily for Sale

Unit 107 at Shoal Point presents an outstanding opportunity to own a waterfront office/retail strata unit in one of Victoria’s most prestigious locations. Situated on the ground floor, this 4,166 sq. ft. space offers breathtaking inner harbour views paired with a thoughtfully designed layout, including extensive open workspace, a reception area, three private offices, a boardroom, kitchenette, private washroom, and abundant storage. Flexible MS-2 zoning accommodates a range of business uses, making it suitable for diverse owner-occupier or investment strategies. Positioned in the celebrated James Bay neighborhood, Shoal Point delivers unmatched connectivity to Victoria’s downtown core while placing businesses steps from the Inner Harbour's vibrant activity. Complemented by proximity to major commuter routes and pedestrian-friendly surroundings, this location provides enduring value for professionals seeking a distinctive waterfront presence.

Property Subtype:

Apartment

Date on Market:

2026-07-14

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.

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-06-29

Victoria Multifamily for Sale

Opportunity to acquire a prime ground floor commercial strata unit along Oak Bay Avenue, ideal for those seeking to own their own real estate. This ±2,105 SF retail unit is currently leased to RBC, who have indicated a willingness to terminate their lease and vacate the premises upon sale. Alternatively, a purchaser can elect to maintain the existing tenancy through its expiry in May 2027, providing near-term income stability. The unit benefits from extensive infrastructure, mechanical, and electrical upgrades completed by RBC, offering a high-quality and functional space for a range of users. The premises feature direct frontage and access from Oak Bay Avenue, along with a rear exit connecting to second-level commercial tenant parking, providing convenient accessibility for both customers and staff.

Property Subtype:

Apartment

Date on Market:

2026-06-26

Victoria Hospitality for Sale

Charming non heritage Hostel property for Sale in Prime Downtown Location. This cozy, character-filled hostel boasts 2,835 sq. ft. , combines the charm of a vintage building with modern conveniences, having undergone partial updates. Nestled in the heart of the downtown area, it’s just steps away from popular tourist attractions and all essential amenities, with convenient access to public transit. A fantastic opportunity for anyone looking to own a unique property in a thriving area. Seller is open to a vendor payback arrangement. CA-3 zoning, allows a wide variety of commercial and mixed-use opportunities—retail, office, service, or food/beverage uses. The floor space ratio of a building shall not exceed 3 to 1. Potential up to 10,125 sqft buildable gross floor area. Come make it your DESTINED business! Please do not approach staff and owner regarding sale of business.* Share purchase is also an option. ( All information are from City of Victoria, please verify if important.) (30879056)

Property Subtype:

Hostel

Date on Market:

2026-06-26

Victoria Land for Sale

738 Pembroke Street presents a rare opportunity to acquire a strategically located development land in one of Victoria’s most desirable urban corridors. Located just minutes from the Blanshard and Douglas Street Corridors that funnel directly into the Downtown Core. The strategic position places the property at the doorstep of one of the city’s most active redevelopment nodes, with rapid access to major transit routes connecting Greater Victoria. The current house on the property is vacant, allowing for immediate demolition upon permitting approval. Development Potential: The Property Civic Addresses: The subject property is located in the Industry, Arts, and Innovations district allowing for a (3:1 current FSR, up to a 5:1 under the Victoria 2050 OCP. Sub Area - The Rock Bay Slope policy area is intended to accommodate strategically located housing while preserving Victoria’s industrial employment base. The area envisions vibrant mixed-use buildings featuring light industrial, commercial, office, and art/cultural uses at lower levels, with residential and work-live opportunities above

Property Subtype:

Residential

Date on Market:

2026-06-26

Victoria Retail for Sale

Date on Market:

2026-06-17

Victoria Industrial for Sale

2745 Bridge Street presents an opportunity to acquire an income-producing industrial property in the highly sought-after Rock Bay district of Victoria, British Columbia. Positioned on a prominent dual-corner site, the property spans approximately 24,295 square feet with over 25,000 square feet of warehouse, showroom, and office space across two levels. Secure in-place tenancy provides stable cash flow today, while a near-term lease expiry in 2028 offers flexibility for owner-users or strategic redevelopment. The site benefits from excellent visibility and multiple access points, providing direct connectivity to downtown Victoria, Highway 17, and major transportation routes including the Trans-Canada Highway and Victoria Harbour. This location serves as a central hub for trade, logistics, manufacturing, and marine industries, making it highly attractive for investors seeking long-term operational certainty. Featuring substantial power capacity (600-amp, 3-phase), dock and grade loading, fenced parking, and prominent pylon signage, the property combines functional improvements with outstanding accessibility. With industrial-zoned properties becoming increasingly scarce within Victoria’s urban core, this asset is positioned as a compelling opportunity for investors and owner-occupiers alike.

Date on Market:

2026-06-10

Saanich Multifamily for Sale

Gorge Terrace presents an exceptional opportunity to acquire a fully rented, income-producing multi-family property prominently located along the established Gorge Road corridor in Saanich, part of Greater Victoria’s thriving rental market. The 36-suite complex, situated on a 34,611 SF lot, comprises a mix of studio, one-, and two-bedroom units with an average size of 640 SF. Current ownership has invested over $490,000 into significant capital improvements, including comprehensive renovations of 16 suites, exterior enhancements, new aluminum balconies, updated common areas, modernized windows, and new signage. Positioned adjacent to the Gorge Shopping Centre and minutes from Uptown Centre, the property benefits from immediate access to transit, key retail amenities, and the scenic Gorge Waterway, which offers walking trails and recreational activities. Long-term upside exists through further unit renovations and potential densification opportunities supported by the property’s RA-3 Apartment Zoning and inclusion in the Primary Growth Area under the Official Community Plan. With a stabilized net operating income of $419,204 and average actual rent of $1,440 per unit, Gorge Terrace offers investors consistent cash flow and value-add potential in one of Vancouver Island’s most resilient rental markets.

Property Subtype:

Apartment

Date on Market:

2026-06-08

Victoria Retail for Sale

661 Burnside Road East offers owner-occupiers the ability to acquire their own real estate while occupying all or a portion of the ground floor, complemented by stable rental income from second-floor tenants. For investors, the property presents a compelling value-add opportunity through the lease-up of the ground floor, enhancing overall income and long-term returns.

Date on Market:

2026-06-05

Victoria Industrial for Sale

3950 Carey benefits from its highly centralized location and in place industrial zoning. Located beside major regional transportation routes such as McKenzie Avenue, the Trans-Canada Highway and the Patricia Bay Highway, the property has been home to a commercial bakery for many years. The existing bakery is expanding into a new building and will be providing vacant possession with all bakery equipment removed leaving an improved shell. This property provides an expansive floor plan with dock loading, ample power and upside with the utility of a 2nd floor that can be used for manufacturing or offices.

Property Subtype:

Food Processing

Date on Market:

2026-05-29

Victoria Multifamily for Sale

North Hill Apartments presents an opportunity to acquire a 34-unit apartment property, including one office unit, in Victoria’s Quadra Village neighbourhood. Situated on a prominent corner parcel at Market Street and Wark Street, the property benefits from convenient access to Downtown Victoria, Uptown, Hillside Centre, Mayfair Shopping Centre, Royal Jubilee Hospital, and major transportation corridors serving the Capital Regional District. The location provides residents with connectivity to employment, retail, education, healthcare, and recreation amenities throughout the region. Current ownership has completed significant capital improvements, investing approximately $530,000 since 2022. Upgrades include full renovations to 19 residential units, common area enhancements, landscaping improvements, deck and balcony repairs, lobby modernization, and various building system updates. Renovated suites feature stainless steel appliances and dishwashers, supporting the property's ongoing operational performance and tenant appeal. The asset consists primarily of one-bedroom and two-bedroom apartments and is offered as a stabilized income-producing investment. Additional value enhancement potential exists through the remaining non-renovated units, allowing future ownership to continue modernization efforts. Tenants are responsible for their own heat and hydro expenses, while the property's existing operational structure provides opportunities for further efficiency improvements. The site also offers long-term land value considerations, with marketing materials indicating potential future redevelopment density subject to municipal approvals and planning requirements.

Property Subtype:

Apartment

Date on Market:

2026-05-28

Victoria Multifamily for Sale

Perfectly positioned in a high-visibility location, the property offers unmatched convenience with easy access to downtown Victoria, major transit routes, and a wide range of nearby amenities including Hillside Mall, Fairway Market, Save-On-Foods Memorial Centre, Cascadia Liquor, 5th Street Bar & Grill, and the shops and cafés of Quadra Village.

Property Subtype:

Apartment

Date on Market:

2026-05-15

Victoria Retail for Sale

Presented by CBRE, 1833 Cook Street represents a rare opportunity to acquire a fully leased retail investment property within Victoria’s growing North Park neighborhood. The property features a two-story 2,810 SF retail building anchored by a long-standing tenant, North Park Bike Shop, with an additional 501 SF ancillary structure at the rear of the lot. Tenant has committed through the end of 2028, with three renewal options remaining, providing secure income stability for investors. This asset boasts approximately 50 feet of exceptional frontage along Cook Street, a major connector located blocks from Victoria’s vibrant downtown core. The site benefits from strong transit service, pedestrian connectivity, and rapid neighborhood densification, supported by numerous nearby residential and mixed-use developments. Seismic upgrades performed in 2005 add further structural integrity. Positioned within the CVD-1 (Community Village District 1) zone, permitted uses extend beyond retail, accommodating a range of service and cultural uses, aligning with the area’s continued revitalization.

Property Subtype:

Storefront

Date on Market:

2026-05-12