Commercial Properties for Sale in Victoria

Victoria Land for Sale

The property is strategically positioned on the southwest corner of Central Saanich Road and White Road in the Keating neighborhood, offering a unique development opportunity in a semi-rural setting. Located just east of Highway 17 (Patricia Bay Highway), the site provides convenient access to key destinations, including Downtown Victoria in approximately 20 minutes, Sidney and the Swartz Bay Ferry Terminal in about 10 minutes, and Victoria International Airport in roughly 11 minutes. A rare investment opportunity to develop a small-scale townhouse project in Central Saanich, fully aligned with the Official Community Plan (OCP) and the region’s growing demand for attainable, family-oriented housing.

Property Subtype:

Residential

Date on Market:

2025-09-05

Victoria Retail for Sale

709 Yates Street is prominently located in the core of Downtown Victoria along one of the City of Victoria’s primary commercial corridors. Yates Street is known for its high pedestrian traffic, strong retail presence, and proximity to major office buildings, residential towers, and public transit routes. The property presents a rare opportunity to acquire a well-located mixed-use asset in a supply-constrained downtown market. Surrounded by restaurants, cafés, national retailers, boutique shops, and entertainment venues, the location benefits from consistent foot traffic and strong tenant demand. The building offers a compelling combination of stable income and diverse tenant uses.

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-04-21

Victoria Multifamily for Sale

112-1105 Pandora Avenue is a commercial strata unit located in Victoria, British Columbia, within The Wade development. The property offers 4,023 square feet of shell space and is zoned CA-1. It includes two access points and is situated behind a gated courtyard. The location benefits from nearby residential density and connectivity to the downtown area and key transportation routes.

Property Subtype:

Apartment

Date on Market:

2026-04-15

Victoria Multifamily for Sale

Wellington Manor is a four-storey, wood-frame, low-rise apartment building comprising 36 suites and situated on an approximately 30,797-square-foot lot at 1670 Fort Street in Victoria, British Columbia. Located in the highly desirable Jubilee neighbourhood, the property is surrounded by extensive amenities, including the Royal Jubilee Hospital, medical offices, schools, and grocery-anchored retail plazas, while also being just minutes from Victoria’s downtown core. Built in 1965, the building features a concrete foundation, Fort Street access and egress, and a gross building area of approximately 30,797 square feet. The exterior has been thoughtfully updated with a vibrant mid-century modern aesthetic, incorporating accent panels and modernized address signage that create a strong street presence. The suite mix includes twenty-three one-bedroom units and thirteen two-bedroom units, with 18 units renovated or upgraded since 2019. Additional features include common laundry facilities, extensive tenant storage options totaling 36 lockers, hot water baseboard heating via a gas boiler, and a 600-amp electrical service with 60 amps to each unit. With stable in-place income and future rental upside potential, Wellington Manor represents a compelling investment opportunity within Victoria’s resilient multifamily market.

Property Subtype:

Apartment

Date on Market:

2026-04-08

Victoria Retail for Sale

Commercial property in a prime location of downtown Victoria. Net leasable area of 2252 square feet. Currently tenanted by two restaurants. Do not approach staff or business owner regarding the sale of the property.

Property Subtype:

Restaurant

Date on Market:

2026-03-19

Victoria Retail for Sale

This fully leased mixed-use property offers investors a rare opportunity to acquire a stabilized income-producing asset in one of Victoria’s most dynamic corridors. Positioned at the high-traffic intersection of Quadra Street and Tolmie Avenue, the property benefits from exceptional visibility and accessibility, just minutes from Downtown Victoria and key arterial routes. The ground floor features a 2,590 sq ft commercial showroom leased to Arctic Spas, ensuring a strong retail presence. Above, the residential component includes one 1-bedroom unit, two 2-bedroom units, and a top-floor 2-bedroom plus den penthouse with a private rooftop patio and sweeping city views. Recent capital improvements, including major upgrades in 2019 and additional residential updates, enhance long-term asset value and reduce near-term maintenance risk. With a diversified tenant mix and full occupancy, this property delivers immediate cash flow and long-term appreciation potential. Offered below assessed value, it represents a compelling investment in a supply-constrained market. Updated appraisal and financials are available upon execution of a confidentiality agreement.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-03-16

Victoria Multifamily for Sale

CBRE Victoria is pleased to present an exceptional investment opportunity in the heart of downtown Victoria at 705–711 Johnson Street. This distinctive three-storey building comprises two ground-floor retail units and 40 single-occupancy residential rooms above, collectively known as the York Hotel. The property offers strong in-place income, near full occupancy, and the benefit of substantial completed upgrades, resulting in minimal ongoing maintenance for a prospective owner. The building totals approximately 17,236 square feet, with 6,900 square feet on the main floor and 5,168 square feet on both the second and third floors, situated on a 7,284-square-foot site. Built in 1911 and zoned CBD-1 (Central Business District), the property allows for a wide range of flexible commercial and mixed-use opportunities. The two ground-floor retail units measure approximately 2,434 square feet at 705 Johnson Street and 4,370 square feet at 707 Johnson Street. The space at 705 Johnson Street is occupied by Board with Friends, a locally owned and operated board game café, while 707 Johnson Street is currently vacant and was purpose-built for a gym, though it can readily accommodate a variety of alternative uses. Both retail units feature impressive 16-foot ceilings, excellent Johnson Street frontage and exposure, private washrooms, and, in the case of 707 Johnson Street, an additional shower amenity. The upper floors house 40 single-occupancy residential units operating as the York Hotel. Each floor is equipped with shared half and full washrooms, as well as a dedicated laundry room. The residential units are currently rented at below-market rates, providing a clear opportunity for future income growth. The building has been well maintained and includes a concrete foundation, a wood joist roof with an asphalt surface, painted brick exterior, metal doorways, and double-glazed thermo-sealed windows in vinyl frames. Flooring varies throughout the building, with a mix of hardwood, laminate, tile, and carpet depending on the unit, and the electrical system is supported by a 600-amp, three-phase service. Notable building highlights include an upgraded roof completed in 2017, full sprinkler coverage throughout, recent updates to 11 of the single-occupancy units, and a new HVAC and heat pump system serving the commercial space. The property benefits from its central downtown location with excellent exposure along Johnson Street, direct proximity to transit, and an abundance of nearby parking options, including the Johnson Street Parkade. Offered for the first time on the market, this asset presents a compelling opportunity to acquire a well-located, income-producing property with long-term upside in one of Victoria’s most vibrant urban corridors.

Property Subtype:

Apartment

Date on Market:

2026-03-06

Victoria Office for Sale

Commercial strata units comprise of the main floor of the Reflections Building

Date on Market:

2026-03-04

Victoria Retail for Sale

Redevelopment Opportunity with Holding Income. Positioned in the heart of a growth corridor, this 17,425 sqft. property represents an opportunity to secure a strategic site with stable income. The lot offers dual road access, with over 100 ft of frontage along W. Saanich Rd and approx 60 ft on Viewmont, immediately adjacent to Royal Oak Centre. The 7-unit commercial building is fully leased and has a long history of stable tenancy, providing dependable cash flow while future plans are contemplated.Zoned C-3 with preliminary discussions with the municipality indicate FSR's of 3.5 +.This node is undergoing transformation, with nearby city-owned lands rezoned to permit buildings up to 12 storeys and additional developments in various stages of approval. With prominent frontage, and transit connectivity via Transit Exchange, and immediate access to major retail amenities, this property offers an opportunity to secure income today while positioning for significant long-term density upside.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-03-04

Victoria Land for Sale

Colliers is pleased to present the opportunity to acquire 2870 & 2876 Jacklin Road (the “Property”), a multifamily development site located on the periphery of Downtown Langford, one of Greater Victoria’s fastest-growing residential nodes.

Property Subtype:

Commercial

Date on Market:

2026-02-18

Victoria Land for Sale

Incredible Development Opportunity for Builders & Investors! Proposed Lot A offers approx. 12,694 sqft of prime, flat building site awaiting final subdivision approval for 4 detached strata houses—each thoughtfully designed by Zebra designs at approx. 2,600 sqft, with 3 beds & 3 baths on the main and a 1 bed,1 bath legal suite! Located on a quiet, tree-lined street, this site is steps to the Gorge Waterway—perfect for summer swimming, kayaking & paddleboarding. Enjoy a short stroll to a brand new children’s park, complete with a BMX bike park and basketball court. The Galloping Goose Trail is at your doorstep, offering a 10-minute bike ride to Downtown Victoria, Uptown, or Mayfair Mall. Victoria’s vibrant microbrewery district, Glo Europub & Arbutus Park, a rare off-leash waterfront dog park just down the street. This is an unbeatable lifestyle location and a rare potential development opportunity in one of Victoria’s most connected, up-and-coming neighbourhoods. Call for more details.

Property Subtype:

Commercial

Date on Market:

2026-02-12

Victoria Land for Sale

Colliers is excited to present this centrally located townhome development site in the desirable Oaklands neighbourhood of Victoria, B.C.

Property Subtype:

Commercial

Date on Market:

2026-02-11

Victoria Retail for Sale

This offering represents the opportunity for owner-occupiers and investors to acquire an industrial strata unit at 415 Dunedin Street, a highly sought-after industrial strata complex. Centrally located within the Gorge and Selkirk Waterway, the property offers excellent access to Downtown Victoria, major arterial routes, and surrounding industrial and commercial nodes, with vacant possession available July 15th, 2026.

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-02-06

Victoria Industrial for Sale

Date on Market:

2026-02-02

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

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

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

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 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