Commercial Real Estate in Victoria available for sale
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Commercial Properties for Sale in Victoria

Victoria Commercial Property for Sale

More details for 6753 Central Saanich Rd, Victoria, BC - Land for Sale

6753 Central Saanich Rd

Victoria, BC V8Z 5V3

  • Land for Sale
  • Price Upon Request
  • 0.26 AC Lot
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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
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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
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More details for 1171 Rockland Av, Victoria, BC - Multifamily for Sale

1171 Rockland Av

Victoria, BC V8V 3H8

  • Multifamily for Sale
  • $2,650,000 CAD
  • 4,817 SF

Victoria Multifamily for Sale

Dundalk Manor presents a rare opportunity to acquire a fully stabilized, income-generating multi-family property in Victoria’s prestigious Rockland neighborhood. This historically designated Queen Anne residence, originally constructed in 1908, exudes timeless character while offering the benefits of modern upgrades. The three-story property comprises eight meticulously maintained legal suites, including studio, one-bedroom, and two-bedroom layouts, ensuring broad tenant appeal and reliable rental income. Comprehensive renovations since 2017 include new plumbing, kitchens, bathrooms, and a 400 AMP electrical service with individual metering, significantly lowering operating risks. Notable capital projects include a 40-year roof (2011), monitored fire sprinkler system (2020), and low-maintenance irrigated landscaping. The property retains stunning heritage architectural elements such as original façades and intricate design features, harmonizing charm with functionality. Positioned steps from Cook Street Village, Downtown Victoria, Beacon Hill Park, and key amenities, Dundalk Manor boasts exceptional walkability with a score of 91 and immediate transit access. On-site conveniences include two parking stalls, secure bike storage, additional tenant storage, and new commercial laundry installations scheduled for June 2026. This offering combines architectural significance, strong tenancy, and a proven track record of minimal vacancy—ideal for investors seeking long-term value in one of Victoria’s most desirable residential corridors.

Contact:

Engel & Volkers

Property Subtype:

Apartment

Date on Market:

2026-05-18

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More details for 821 Burdett Ave, Victoria, BC - Multifamily for Sale

Chatsworth House - 821 Burdett Ave

Victoria, BC V8W 1B3

  • Office for Sale
  • $480,000 CAD
  • 881 SF
  • 1 Unit Available
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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
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More details for 604 Wilson St, Victoria, BC - Multifamily for Sale

604 Wilson St

Victoria, BC V9A 3G9

  • Multifamily for Sale
  • $1,749,000 CAD
  • 3,900 SF
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More details for 1525 Amelia St, Victoria, BC - Office for Sale

1525 Amelia St

Victoria, BC V8W 2K1

  • Office for Sale
  • $1,050,000 CAD
  • 1,394 SF
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More details for 4233 Glanford Av, Victoria, BC - Retail for Sale

4233 Glanford Av

Victoria, BC V8Z 4B9

  • Retail for Sale
  • $3,700,000 CAD
  • 3,023 SF
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More details for 709 Yates St, Victoria, BC - Retail for Sale

709 Yates St

Victoria, BC V8W 1L6

  • Retail for Sale
  • $6,600,000 CAD
  • 18,458 SF
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More details for 1105 Pandora Ave, Victoria, BC - Multifamily for Sale

The Wade - 1105 Pandora Ave

Victoria, BC V8V 3N8

  • Office/Retail for Sale
  • $599,000 - $1,549,000 CAD
  • 1,635 - 4,023 SF
  • 2 Units Available
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More details for 705 Johnson St, Victoria, BC - Multifamily for Sale

705 Johnson St

Victoria, BC V8W 1M8

  • Multifamily for Sale
  • $2,995,000 CAD
  • 17,236 SF

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.

Contact:

CBRE

Property Subtype:

Apartment

Date on Market:

2026-03-06

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More details for 1026 Cook St, Victoria, BC - Retail for Sale

1026 Cook St

Victoria, BC V8V 3Z5

  • Retail for Sale
  • $1,349,900 CAD
  • 1,279 SF
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More details for 493 Burnside Rd, Victoria, BC - Multifamily for Sale

Midtown Mews Apartments - 493 Burnside Rd

Victoria, BC V8T 2X6

  • Multifamily for Sale
  • $7,750,000 CAD
  • 27,736 SF
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More details for 903 Humboldt St, Victoria, BC - Multifamily for Sale

903 Humboldt St

Victoria, BC V8V 2Y8

  • Multifamily for Sale
  • $2,499,000 CAD
  • 3,807 SF
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More details for 3106 Washington Av, Victoria, BC - Land for Sale

3106 Washington Av

Victoria, BC V9A 1P7

  • Land for Sale
  • $1,125,000 CAD
  • 0.29 AC Lot
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More details for 3925 Quadra St, Victoria, BC - Land for Sale

3925 Quadra St

Victoria, BC V8X 1J3

  • Land for Sale
  • $6,200,000 CAD
  • 0.72 AC Lot
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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 1760 Fort St, Victoria, BC - Multifamily for Sale

1760 Fort St

Victoria, BC V8R 1J4

  • Multifamily for Sale
  • $4,750,000 CAD
  • 16,073 SF
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Commercial Properties for Sale in Victoria

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How many commercial properties are available for sale in Victoria?
There are currently 56 commercial properties available for sale in Victoria, offering a unique opportunity for businesses to establish a presence.
How big are the commercial properties available for sale in Victoria?
The average size of commercial properties available for sale in Victoria is about 14,624 SF. The largest commercial properties available to buy is 146,910 SF and the smallest is 649 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 Victoria?
The average market cap rate for commercial properties for sale is about 6.12% based on data provided in Victoria. Learn more about how cap rates are calculated.