Commercial Properties for Sale in Victoria

Victoria Industrial for Sale

Date on Market:

2025-09-04

Victoria Multifamily for Sale

Casa Verde, located at 1069 Southgate Street in Victoria’s coveted Cook Street Village, presents a rare opportunity to acquire a meticulously maintained 12-suite vintage apartment building in one of the city’s most desirable rental markets. Owned and cared for by the same party for 47 years, this three-story walk-up blends timeless architectural character with thoughtful upkeep, offering investors a stable, fully occupied asset with significant upside potential. The building comprises ten spacious one-bedroom suites averaging 870 square feet and two studio units. Eight of the suites retain original softwood flooring, and many feature restored vintage fixtures that enhance the building’s charm. With current rents sitting approximately 61% below market, new ownership stands to benefit from substantial income growth through natural tenant turnover. Strategically positioned steps from Beacon Hill Park and the vibrant retail and dining scene of Cook Street Village, Casa Verde offers tenants unmatched access to lifestyle amenities and transit. The property includes secure bike storage, seven large storage lockers, two rented garages, and three off-street parking stalls. Infrastructure highlights include a torch-on membrane roof (2008), radiant hot water heating, and separately metered hydro. This is a rare opportunity to acquire a legacy asset in a high-demand rental corridor with long-term value and repositioning potential.

Property Subtype:

Apartment

Date on Market:

2025-08-15

Victoria Office for Sale

Rare opportunity to occupy strata office space in the Aspen Building at Broadmead Office Park. The unit is located on a southwest-facing corner and benefits from ample natural light, along with a west-facing patio. The premises are improved to a modern office standard featuring a welcoming reception area, large boardroom, six offices, storage room, copy room, and a kitchenette.

Date on Market:

2025-07-17

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 Specialty for Sale

Avison Young is pleased to bring to market this charming and completely renovated well-appointed single tenant office building in the North Park commercial node of Victoria. The property is a converted house that has been updated multiple times since it’s construction in the early 1900’s. Nearby amenities are within walking distance and include Save on Foods grocery, Rexall pharmacy, Jones Barbeque, Patisserie Daniel, Westcore Fitness, Castle Building Supply, Fernwood Coffee, North Park Bikes, and a variety of restaurant offerings. The area is also experiencing major growth with new condominium, retail and rental projects. The property is available for immediate possession.

Property Subtype:

Schools

Date on Market:

2025-05-12

Victoria Industrial for Sale

Constructed in 2017 - mixed use industrial and residential building on the periphery of Victoria’s downtown core between Douglas and Blanshard Streets. Avison Young is pleased to bring to market this well maintained mixed – use building. This is a unique and excellent opportunity for an owner use with the ability to have vacant possession at closing. This is a very high quality building that was constructed in 2017 features a warehouse on the ground floor with a small mezzanine level. The top floor is a large 1 bedroom residential unit with a large south facing patio. The warehouse features 16’ ceiling heights, grade level 14’ x 10’ loading, floor drains, and gas overhad heat. The residential/office unit has hot water on demand, washer and dryer, and a modern kitchen and 3 piece washroom.

Property Subtype:

Showroom

Date on Market:

2025-05-12

Victoria Land for Sale

Avison Young and Pemberton Holmes are excited to introduce this 10,268 square foot RM- 3 Zoned corner lot which is designated Multi- Unit Residential in the Oak Bay’s OCP and is adjacent to other high-density developments. The full side by side legal non-conforming duplex is in great condition, tenanted, and provides substantial holding revenue as you go through the entitlement of your project. Recent upgrades include appliances, flooring, painting, lighting, millwork, counters and plumbing. Other features include coved ceilings, French doors, updated electrical panels, detached two car garage with additional parking available in the driveway and detached pan abode studio. Just one block to the ocean, beaches, Oak Bay Marina, Windsor Park and just a short stroll to Oak Bay Avenue and Victoria Golf Club.

Property Subtype:

Commercial

Date on Market:

2025-05-09

Victoria Multifamily for Sale

CBRE Limited has been engaged, pursuant to a Court-Order, to offer for sale Langford Gateway in Langford, BC (the “Property”) — an exceptionally well-located 5-parcel assembly encompassing 78,800 SF of CCP zoned, high-density development land, just blocks from Highway 1 and an incredible range of amenities. With over 2,800 SF of frontage on three streets, including major arterial Peatt Road, this offering represents a rare opportunity to develop at scale (6.0 FAR) with in-place zoning, in the heart of one of Canada's fastest-growing communities.

Property Subtype:

Apartment

Date on Market:

2025-03-27

Victoria Industrial for Sale

CBRE Victoria is pleased to present the opportunity to purchase a 19,483 SF industrial strata unit centrally located in the Esquimalt Industrial Park at 808 Viewfield Road. Currently leased to Flying Squirrel Trampoline Park, unit 103 generates stable income while offering future owner-occupier potential. The unit includes a ±7,300 square foot limited common property yard area with 13 dedicated parking stalls and loading access. Additionally, over 40 shared parking stalls are available after business hours, enhancing operational convenience for tenants and customers alike.

Property Subtype:

Warehouse

Date on Market:

2025-02-24

Victoria Multifamily for Sale

Opportunity to purchase this 77-suite, four-storey, wood framed apartment building was constructed in 1966. The suites are heated by electric baseboard with the building serviced by one (1) Montgomery elevator.

Property Subtype:

Apartment

Date on Market:

2025-01-21

Victoria Multifamily for Sale

Opportunity to purchase this 60-suite, four-storey, wood frame apartment building was constructed in 1964. The gross building area is +/- 57,400 SF. The exterior finish is stucco and brick veneer with decorative wood trim and a mansard roof. The suites are heated by gas fired hot water baseboard with the building serviced by one (1) Montgomery elevator.

Property Subtype:

Apartment

Date on Market:

2025-01-21

Victoria Multifamily for Sale

Ideal for an owner/occupier or investor looking for a well located professional strata office unit in Downtown Victoria, in a steel and concrete building. The Savoy, a mixed use residential and commercial building, offers secure underground parking, as well as ample, accessible street parking along Fairfield Road. The common washrooms have all recently been updated.

Property Subtype:

Apartment

Date on Market:

2024-12-18

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.

Property Subtype:

Apartment

Date on Market:

2024-10-23

Victoria Specialty for Sale

Ideal for owner-users / Investors / Developers. 26017 square feet available, vacant possession.

Property Subtype:

Movie/Radio/TV Studio

Date on Market:

2024-08-26

Victoria Industrial for Sale

Large light industrial zoned property in a highly desirable area of Esquimalt (with a portion of the property in Vic West) just minutes from downtown with convenient access to major transportation routes in and around the City. With reasonable notice, the current owner / occupier (Monk office Supply) can offer vacant possession for another owner / occupier or can do a Seller lease back. to a With just 35% site coverage, the property has significant upside development potential (approx. 20,000 SF of surplus land) while providing the owner with a strong rental income.

Date on Market:

2024-07-29

Victoria Portfolio of properties for Sale

Rare investment opportunity to acquire two (2) impeccably maintained properties, totaling 137 units. Both buildings have undergone significant capital upgrades, ensuring their modernization. Current rental rates remain approximately 25%-28% below market value, presenting substantial rental income upside. Situated within the City of Victoria Fernwood neighborhood, just south of Victoria’s downtown business core, these properties are located within an upscale residential community, fostering a secure and tranquil rental lifestyle for tenants. The location offers unparalleled accessibility to downtown amenities, by easy walking distance or conveniently located along a primary transit route on the Yates Street corridor, which runs adjacent to both properties.

Property Subtype:

Multi Family

Date on Market:

2024-07-24

Victoria Portfolio of properties for Sale

Colliers is pleased to offer for sale two (2) exceptionally located, multifamily development opportunities in the Fairfield neighbourhood of Victoria, B.C. The locations offer convenient access to downtown Victoria, Cook Street Village, Beacon Hill Park and other nearby amenities, recreational activities, and schools. Both sites are zoned, offering varying density, but permit multiple dwelling developments of anywhere from three (3) to six (6) storeys. In-place zoning allows prospective purchasers to propose their own missing middle project. While it is the owner’s preference to sell both development sites to one purchaser, it will entertain offers on each property individually.

Date on Market:

2024-07-24

Saanich Retail for Sale

This two storey mixed retail and office property is centrally located in the heart of Ambleside’s Business and Shopping District. It is a Heritage Building which has been extensively renovated over the years and offers Elevator access, windows that open, front door public transit and a half a block walk to beach and Seawall. Business neighbours include Starbucks, Fresh Street Market and Royal Bank.

Property Subtype:

Freestanding

Date on Market:

2024-06-11

Victoria Industrial for Sale

Colliers is pleased to present the opportunity to purchase a brand-new state of the art 2,903 SF industrial strata unit at Wildcat Industrial, located in the Allandale District. This unit features flexible Mixed Use Employment Centre (MUEC2) zoning, which permits a variety of uses. This is ideal for investors wanting to capitalize on a tight industrial market with historically strong rates, or for an owner-user looking to operate in a beautiful new development.

Date on Market:

2024-04-15

Victoria Multifamily for Sale

Rare owner-occupier opportunity to purchase an improved strata retail unit built out as a fitness facility in the core of downtown Victoria’s Old Town District

Property Subtype:

Apartment

Date on Market:

2024-02-22

Victoria Land for Sale

Colliers is pleased to present 2749, 2753, and 2757 Strathmore Road (collectively the “Property”), a 22,510 SF multifamily development site with frontage along Strathmore Road and Scafe Road. The Property is located in the heart of Langford, steps from Goldstream Avenue, Langford’s primary downtown pedestrian and vehicle corridor, and home to numerous amenities and services.

Property Subtype:

Residential

Date on Market:

2023-10-03

Victoria Flex for Sale

2,500 Sq. Ft. freestanding office/retail building on a 10,266 Sq. Ft. lot located in Victoria’s emerging Hudson District. The property offers a mix of private offices, staff areas, kitchen, 20+ surface parking stalls, and accommodating zoning for owner/occupiers. The vendor could consider a short term leaseback providing holding income to the purchaser. With potential density of up to 4.5:1 FSR, the site has significant development upside.

Date on Market:

2022-03-24

Victoria Retail for Sale

Colliers is pleased to offer a unique opportunity to own or lease a freestanding building in Victoria’s highly desirable Old Town District — the vibrant heart of the Inner Harbour and downtown shopping core. This exceptional property includes a fully finished residential suite on the second level, providing a rare live-work opportunity. Ideally situated at the corner of Store and Fisgard Streets, this location combines historic character with modern convenience. Surrounded by a dynamic mix of businesses, waterfront restaurants, cafés, and new residential developments in both Downtown Victoria and Vic West, the area is fully walkable and teeming with urban energy

Property Subtype:

Freestanding

Date on Market:

2026-02-27