Victoria Commercial Properties for Sale - Page 3

Commercial Real Estate in Victoria available for sale

Victoria Commercial Property for Sale

Industrial Properties Retail Spaces Apartment Buildings Specialty Properties Office Spaces

Legacy Apartment Portfolio

Multifamily for Sale
$45,500,000 CAD
146,910 SF
2 Multifamily Properties

Victoria Portfolio of properties for Sale

Wedgewood Terrace and Royal Arms present a rare opportunity to acquire a 137-unit apartment portfolio in Victoria, British Columbia's established Fernwood neighborhood. Located just south of downtown Victoria, both properties benefit from convenient access to employment centers, retail amenities, public transportation, and neighborhood services. Positioned along the Yates Street corridor, the portfolio offers residents connectivity to the downtown core while maintaining the character of a mature residential setting. The portfolio consists of two four-storey apartment communities that have undergone substantial capital improvements over the past five years. Wedgewood Terrace comprises 60 suites and Royal Arms comprises 77 suites. Ownership has invested approximately $2.8 million at Wedgewood Terrace and approximately $4.7 million at Royal Arms toward building modernization, including upgrades to common areas, balconies, railings, windows, patio doors, building systems, and other property components. In addition, a majority of suites within each asset have undergone comprehensive interior renovations that include upgraded finishes and the addition of dishwashers. The properties offer investors the opportunity to acquire stabilized multifamily assets with demonstrated operational performance and limited near-term capital requirements. Current rental rates are reported to be approximately 25% to 28% below market levels, creating potential for future revenue growth through suite turnover and continued asset management. The combination of extensive capital improvements, a central Victoria location, and significant scale within one of the region's most established rental housing markets positions this offering as a notable multifamily investment opportunity.

Contact:

Colliers

Property Subtype:

Multi Family

Date on Market:

2024-07-24

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Development Sites in the Fairfield Neigh

Land for Sale
$3,250,000 CAD
0.31 AC
2 Land Properties

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.

Contact:

Colliers

Date on Market:

2024-07-24

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491-495 Dupplin Rd

Saanich, BC V8Z 1B8

Retail for Sale
$2,500,000 CAD
10,700 SF

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.

Contact:

Avison Young - Victoria

Property Subtype:

Freestanding

Date on Market:

2024-06-11

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More details for 650 Allandale Rd, Victoria, BC - Industrial for Sale

Wildcat Industrial - 650 Allandale Rd

Victoria, BC V9C 0S2

Industrial for Sale
$1,299,995 CAD
2,903 SF
1 Unit Available

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.

Contact:

Colliers

Date on Market:

2024-04-15

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595 Pandora Ave

Victoria, BC V8W 1N6

Retail for Sale
$1,798,000 CAD
2,214 SF
1 Unit Available

Air Conditioning
24 Hour Access
Kitchen
Smoke Detector

Victoria Multifamily for Sale

Rare chance to purchase a street-level retail strata unit recently improved to an exemplary standard as a move-in-ready fitness facility. The subject property benefits from high ceilings, air conditioning throughout, floor-to-ceiling windows, washrooms, showers, and in-suite laundry capabilities. This is also the only commercial unit in the project with a dedicated parking stall. For those that are interested, the gym equipment and franchise opportunity are available and can also be negotiated Situated within the Abacus, the subject property is located at the cultural hub of downtown Victoria, right between the Old Town District and Chinatown. Sharing the same block as both Market Square and Fan Tan Alley, the subject premises is well-positioned to benefit from ample foot traffic year-round from locals and tourists alike.

Contact:

Avison Young - Victoria

Property Subtype:

Apartment

Date on Market:

2024-02-22

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More details for 345 Quebec St, Victoria, BC - Multifamily for Sale

The James at Harbour Towers - 345 Quebec St

Victoria, BC V8V 1W4

Multifamily for Sale
Price Upon Request
140,016 SF

Air Conditioning
Fitness Center
Controlled Access
Kitchen
Smoke Detector

Victoria Multifamily for Sale

Avison Young and Cushman & Wakefield are proud to present The James at Harbour Towers (the "Property"), a landmark 12-storey concrete rental tower located at 345 Quebec Street in the heart of Victoria's acclaimed James Bay neighbourhood. The structure was originally built in 1973 and underwent a full rebuild program in 2020, converting the existing hotel to a 219-unit apartment community. The Property offers a diverse suite mix of studio, one-bedroom, one-bedroom plus den, two-bedroom, and penthouse residences across 127,865 square feet of flawlessly maintained, institutional quality rentable area. With a demonstrated track record of operational excellence, strong rental growth, and exceptionally low vacancy, The James at Harbour Towers is well positioned to generate outstanding long-term investment performance.

Contacts:

Avison Young Commercial Real Estate

Cushman & Wakefield

Property Subtype:

Apartment

Date on Market:

2026-07-07

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More details for 1225 Douglas St, Victoria, BC - Retail for Sale

Bank of Montreal - 1225 Douglas St

Victoria, BC V8W 2E6

Retail for Sale
Price Upon Request
24,133 SF

Victoria Retail for Sale

Prominently positioned at the intersection of Douglas and Yates Streets in the heart of Victoria, 1225 Douglas Street is a distinguished heritage landmark that reflects the city’s early commercial ambition and architectural excellence. The property is currently tenanted by BMO which provides time and a rare opportunity to reimagine both office and retail spaces to meet modern standards while preserving its heritage appeal. Contact agents for pricing.

Contact:

Cushman & Wakefield

Property Subtype:

Bank

Date on Market:

2026-06-24

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More details for 3301 Woodruff Rd, Victoria, BC - Land for Sale

BUILD-TO-SUIT OPPORTUNITIES AVAILABLE - 3301 Woodruff Rd

Victoria, BC V9C 3W4

Land for Sale
Price Upon Request
1 - 6 AC Lots

Victoria Land for Sale

An exceptional opportunity to secure 1.0 to 6.0 acres of industrial-zoned land within the Centre Mountain Business Park, one of the most supply-constrained markets on Vancouver Island. Lots 500 and 501 provide flexibility with parcel sizes starting at 1.0 acre, ideal for accommodating diverse industrial and commercial operations. The properties are fully serviced, offering access to electricity, water, storm, and sewer utilities, with site improvements scheduled for completion in late 2026. Strategically located along the Sooke Road corridor in Langford, this location provides unparalleled connectivity to both Victoria and Sooke, granting businesses efficient access to Greater Victoria’s core population and the West Shore’s growing communities. Permitted uses range from warehouse and manufacturing operations to research, development, and service-related facilities, making this an attractive acquisition for industrial developers and investors seeking customizable land solutions within a master-planned environment. Centre Mountain Business Park introduces flexible land lease opportunities within a professionally planned business park just minutes from Victoria. Build-to-suit options allow occupiers to design operationally efficient facilities tailored to their needs. Significant infrastructure improvements, including road networks and utility connections, will be in place by 2026, ensuring a ready-to-build, serviced platform for tenants. Positioned in a rapidly growing employment corridor along Sooke Road, the property offers quick access to major highways, with proximity to Victoria International Airport and Swartz Bay Ferry Terminal for regional and international connectivity. This location is ideal for logistics, warehousing, and light industrial businesses looking to capitalize on Langford’s growth and its strategic position within the Greater Victoria marketplace.

Contact:

Avison Young Commercial Real Estate

Property Subtype:

Industrial

Date on Market:

2026-04-24

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710 Redbrick St

Victoria, BC V8T 5J3

Office for Sale
Price Upon Request
23,570 SF

Victoria Office for Sale

Colliers is pleased to present the opportunity to purchase the entire building at 710 Redbrick Street or lease available office space within it. The second floor offers 3,833 SF of turnkey, fully built-out space available immediately, while an additional 7,682 SF on the third floor will be available as of January 1st, 2026. This is an ideal opportunity for owner-occupiers or tenants seeking high-quality office space in a professionally managed and well-maintained building, with the flexibility to occupy between ±3,000-10,000 SF. With strong existing tenancies in place, the building offers the rare ability for an owner-occupier to secure high-quality office space for their own use while generating stable rental income. Acera Insurance occupies 8,038 SF on the ground floor and Go Power leases 4,017 SF on the second floor, making this a flexible investment with built-in cash flow.

Contact:

Colliers

Date on Market:

2025-10-10

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866 Yates St

Victoria, BC V8W 1L8

Retail for Sale
Price Upon Request
4,005 SF

Victoria Retail for Sale

CBRE Victoria is pleased to present the opportunity to purchase a freestanding retail building at the corner of Yates and Quadra Street, two of Victoria’s most prolific thoroughfares. 866 Yates Street has been improved with a 4,005 SF retail building (currently being utilized as a restaurant) and features a modern service area, a large clean kitchen area, patio space, 8 surface parking stalls, and a surplus of additional building area that can be utilized at the purchasers discretion. Development potential in an area undergoing intense densification (Harris Green) provides purchasers with long term investment upside.

Contact:

CBRE, Limited

Property Subtype:

Restaurant

Date on Market:

2025-04-14

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2207 Millstream Rd

Victoria, BC V9B 6H4

Land for Sale
Price Upon Request
0.75 - 3.60 AC Lots

Victoria Land for Sale

Langford Heights Business Park offers fully serviced industrial land lots in Langford, BC, one of Canada’s fastest growing communities. With some of the lowest industrial vacancy rates in Canada, Langford is in high demand. Langford Heights Business Park will offer high-quality, modern commercial space to support the growth of local companies and attract new businesses to this thriving Vancouver Island market.

Contact:

Colliers

Property Subtype:

Industrial

Date on Market:

2025-03-10

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418 Alpha Terr

Victoria, BC V8Z 1B6

Flex for Sale
$1,649,900 CAD
5,000 SF

Victoria Flex for Sale

Rare opportunity to acquire a versatile industrial property located on a quiet cul-de-sac just off Burnside Road, offering excellent accessibility and functional space for a variety of business uses. This well-located property features approximately 3,000 sq. ft. of office space, complemented by an additional 2,000 sq. ft. of warehouse area, providing a flexible layout suited for operations, storage, or light industrial use. The office building offers a practical and comfortable work environment with four private offices, a meeting space, kitchen area, laundry, and a 3-piece bathroom, creating a fully functional workspace for administrative and operational needs. Large windows throughout the office areas bring in natural light, while the layout provides multiple workspaces suitable for offices, consulting rooms, or collaborative areas. The adjoining warehouse space includes an oversized door, allowing convenient access for deliveries, equipment, or vehicle storage. This portion of the property provides excellent utility for trades, storage, or light industrial operations. Situated on a fenced lot with parking for up to 10 vehicles, the property offers secure on-site parking and yard space, an increasingly valuable feature in this central industrial location. With its flexible configuration and strategic positioning near major transportation routes and commercial services, this property presents strong potential for owner-occupiers, investors, or those exploring future redevelopment opportunities. A rare offering in a highly accessible industrial pocket of the city.