Retail Spaces for Sale in Capital

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 Retail for Sale

817 Fisgard Street offers an opportunity to acquire a freestanding commercial building on a generously sized lot in Victoria’s Hudson District. The property spans 2,500 SF with a flexible floor plan including private offices, staff areas, washrooms, and a kitchen. Positioned on a 10,226 SF parcel, this asset benefits from over 20 surface parking stalls and zoning that supports a mix of commercial and residential uses. Located in one of Victoria’s fastest-growing urban pockets near Chinatown, the Hudson District is undergoing significant redevelopment with mid-rise and high-rise projects, driving future value appreciation. The site’s Official Community Plan designation allows for high-density residential and mixed-use development with density potential up to 4.5:1 FSR and building heights up to approximately 20 stories, making it a compelling long-term investment prospect. Current improvements include a single-story concrete block structure built in 1953 and renovated in 2001, featuring modern office finishes, boardrooms, and amenities. Existing electrical capacity of 400 amps and a natural gas generator provide robust infrastructure for business operations. Offered with vacant possession, this property appeals to owner-occupiers seeking a high-profile position in a transit-accessible, high-traffic area or developers looking to leverage long-term redevelopment potential

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-07-14

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 Retail for Sale

Date on Market:

2026-06-17

Victoria Multifamily for Sale

Prime ground-floor commercial strata in the heart of Victoria's Harris Green district, located within the modern 2019 Jukebox building. 595 sq ft with one underground parking stall included and a strata fee of $402.60/month. The current tenant runs a well-established fitness business with a lease running to September 2026. The tenant has expressed interest in renewing, reflecting confidence in both the space and the location. Continued stable income with a committed operator in place. For an owner-operator, September 2026 provides a near-term opportunity to take possession and move your business in. The interior features a clean, open-plan layout with an enclosed two-piece washroom, situated in a newer concrete building with professional management. The location sits directly beneath 200+ existing residents and adjacent to Harris Green Village, with 1,500+ new units currently under construction. Contact listing agent for full tenancy details.

Property Subtype:

Apartment

Date on Market:

2026-06-07

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

Sidney Multifamily for Sale

Colliers is proud to present an exceptional opportunity to acquire a fully finished retail/commercial strata unit at 2469 Sidney Avenue, located in the heart of the vibrant Cameo Development by Casman Developments. This newly constructed ground-floor unit offers a premium spa/salon build-out, ideal for an owner-user seeking high-visibility retail or office space in one of Vancouver Island’s most desirable communities. Sidney is a thriving seaside town known for its boutique shopping, walkable streets, and strong local economy—making it the perfect setting for your business to flourish.

Property Subtype:

Apartment

Date on Market:

2026-05-01

Victoria Retail for Sale

Gas Classics is a full service and restoration auto repair company specializing in classic vehicles. Located on the prominent corner of Vanalman and Glanford Avenue in the Royal Oak Industrial Park and one block removed from the Pat Bay Highway, the location is centre ice for Victoria and our surrounding communities. 4233 Glanford is an opportunity to acquire a prominent location with a unique zoning allowing for a broad range of uses, including auto sales.

Date on Market:

2026-04-23

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

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

Capital Retail for Sale

Colliers is pleased to offer for sale 7925 East Saanich Road, a fully renovated strata titled mixed-use building containing three residential units and a large ground floor commercial unit fully leased to a daycare facility. Previously used as a retail store on the main floor and daycare facility on the lower floor, the building underwent extensive renovations to create three residential units on the main floor and a new upper floor while also expanding the daycare on the lower floor. Upgrades include fire separation between units and commercial spaces, seismic reinforcements, new plumbing, perimeter drains, and electrical panels for each residential unit and the daycare.

Date on Market:

2025-11-11

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.

Property Subtype:

Freestanding

Date on Market:

2025-10-29

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

North Saanich Retail for Sale

Opportunity to acquire a 0.65-acre (28,314 square foot) commercially zoned corner lot with a 3,041 sq. ft. building, currently home to the long-standing family business, Gurton’s Garage. Ideal for an owner-user, investor, or developer, the property can also be expanded to approx. 2.94 acres (128,066 sq. ft.) by assembling up to three residential lots to the north (currently for sale) and one residential lot to the east (owned by the Gurton family). Located in the heart of Saanichton, B.C., at McTavish and East Saanich Roads, it’s just 5 minutes to Victoria International Airport and 10 minutes to BC Ferries. This is the first time this property has come to market in over 100 years. While the business is not for sale, assets may be purchased for continued auto use. The one-level building offers admin and sales offices, a large work area, and four grade-level bay doors. The family is open to a leaseback, providing holding income during redevelopment planning.

Property Subtype:

Auto Dealership

Date on Market:

2025-09-09

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

Langford Retail for Sale

The property of interest is located on 0.92 acres on the east side of the Trans Canada Highway. This 5,700 square foot building has two equal floors, and is newly constructed as of 2016. The main floor features a state-of-the-art commercial kitchen, restaurant dining room with seating, and large bar area with its own seating. It features high ceilings, tasteful modern décor, and a welcoming veranda with large enclosed patio. This is a true plug and play opportunity for a restaurant tenant or owner-occupier. In addition to the main floor, there is a sizeable basement currently being used for office and storage which can be easily converted to a residential suite with no permitting or zoning changes required. With nearly an acre of land, this property has future development value and plenty of potential upside.

Property Subtype:

Restaurant

Date on Market:

2025-06-23

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 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 Office for Sale

Two strata commercial office spaces in Downtown Victoria! Located at the north edge of the Downtown Core, these two strata offices or retail spaces situated in a mixed-use strata building on a quiet street with easy access to parking and transit. Four parking spots are designated for exclusive use of this place. Unit 102 enjoys a quiet outlook onto landscaped common property. It is divided into four large offices, a spacious central reception and waiting area, staff kitchen, 2-piece washroom and large utility room (5th office). Need more space? Unit 102 & 103 are connected to each other by an interior door. Unit 103 enjoys a bright street front outlook and includes three office spaces, a central reception/administrative work area and a client waiting area. It includes a 2-piece washroom. Units can be bought together or separately and can be amalgamated. Seller will sell chattels like office furniture and equipment. Why pay rent when you can invest in your own office space? Contact us today for more information! PIDs: 017-830-575 and 017-830-567

Date on Market:

2026-02-26

Victoria Retail for Sale

Prime Investment Opportunity! Offered for the first time on the market,1881 Fort St represents a rare opportunity to acquire a well-established neighborhood strip mall in one of Victoria’s most sought-after and resilient locations. Ideally positioned directly across from Royal Jubilee Hospital, this property benefits from constant daily traffic, exceptional visibility, and a built-in customer base that supports long-term stability. This attractive strip mall is home to excellent tenants operating under strong leases with built-in escalation clauses, providing reliable income growth and peace of mind for the discerning investor. The tenant mix is well suited to the surrounding community and hospital presence, contributing to consistent demand and low vacancy risk. A true long-term hold, this asset combines location, income security, and future upside, qualities rarely found together in today’s market. Whether you are expanding an existing portfolio or seeking a cornerstone investment, a genuine gem in the Victoria commercial landscape

Property Subtype:

Freestanding

Date on Market:

2026-02-18