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

Unique owner-occupier opportunity to purchase a full retail building in the heart of downtown Victoria’s Old Town District. The subject property lends itself to a wide variety of commercial uses, benefitting from high exposure signage facing Government St, a diverse mix of interior spaces, exceptional ceiling heights, and character-rich heritage elements throughout.

Property Subtype:

Storefront

Date on Market:

2026-08-31

Victoria Portfolio of properties for Sale

Union presents the opportunity to acquire three retail strata units located within one of Victoria's most recognizable mixed-use developments in the heart of Old Town. Positioned along both Pandora Avenue and Fisgard Street, the offering benefits from extensive street frontage, strong visibility, and direct exposure to year-round pedestrian and vehicle traffic in a well-established downtown commercial district. Constructed in 2014, the property forms the commercial component of the Union development, a mixed-use project that also includes 133 residential suites above. The portfolio is fully leased to five tenants, providing immediate income from a diversified retail tenancy base. The combination of multiple storefronts, frontage on two prominent downtown corridors, and location within a dense urban environment supports long-term tenant demand and investment stability. Victoria's Old Town district remains one of the city's most active retail and tourism destinations, drawing residents, office workers, visitors, and customers throughout the year. The property's proximity to downtown amenities, restaurants, specialty retailers, government offices, and waterfront attractions contributes to sustained commercial activity and visibility. Frontages of approximately 115 feet along Pandora Avenue and approximately 125 feet along Fisgard Street further enhance exposure and customer access. The offering combines modern construction, established tenancy, and a central downtown location within a historically significant commercial area. As a fully leased retail investment situated within a mixed-use development, Union offers investors the opportunity to acquire income-producing retail assets in one of Victoria's most active urban neighborhoods.

Property Subtype:

Multi Family

Date on Market:

2026-08-20

Victoria Multifamily for Sale

Call agent today for more information.

Property Subtype:

Apartment

Date on Market:

2026-08-07

Victoria Multifamily for Sale

Also available for lease. Contact listing agent for additional information.

Property Subtype:

Apartment

Date on Market:

2026-08-07

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 Retail for Sale

661 Burnside Road East offers owner-occupiers the ability to acquire their own real estate while occupying all or a portion of the ground floor, complemented by stable rental income from second-floor tenants. For investors, the property presents a compelling value-add opportunity through the lease-up of the ground floor, enhancing overall income and long-term returns.

Date on Market:

2026-06-05

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

Victoria Retail for Sale

Presented by CBRE, 1833 Cook Street represents a rare opportunity to acquire a fully leased retail investment property within Victoria’s growing North Park neighborhood. The property features a two-story 2,810 SF retail building anchored by a long-standing tenant, North Park Bike Shop, with an additional 501 SF ancillary structure at the rear of the lot. Tenant has committed through the end of 2028, with three renewal options remaining, providing secure income stability for investors. This asset boasts approximately 50 feet of exceptional frontage along Cook Street, a major connector located blocks from Victoria’s vibrant downtown core. The site benefits from strong transit service, pedestrian connectivity, and rapid neighborhood densification, supported by numerous nearby residential and mixed-use developments. Seismic upgrades performed in 2005 add further structural integrity. Positioned within the CVD-1 (Community Village District 1) zone, permitted uses extend beyond retail, accommodating a range of service and cultural uses, aligning with the area’s continued revitalization.

Property Subtype:

Storefront

Date on Market:

2026-05-12

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

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 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

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

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

Colwood Retail for Sale

The property represents a rare opportunity to purchase a 4,315 SF retail strata warehouse constructed in 1981, with a 1,643 SF mezzanine office and storage area (660 SF and 983 SF respectively), and a 2,672 SF retail showroom/warehouse area on the main floor. The showroom area has small kitchenette, washroom, and four offices. The Warehouse is serviced by two roll-up 10x12 bay doors. There are a total of five strata units in the complex – known as the Pacific Rim Center on the Colwood strip – and the property is zoned CS-1 (service commercial). The City of Colwood Official Community Plan designates the existing use for the property as “Colwood Corners, Commercial.”

Property Subtype:

Auto Repair

Date on Market:

2025-01-24

Central Saanich Retail for Sale

The subject property is located on the Keating Cross Road and West Saanich Road at the gateway to vibrant Brentwood Bay village and world-famous Butchart Gardens (over 1,000,000 visitors annually). Surrounded by wineries and farms, and across the street from Butterfly World. The subject property is well suited to benefit from the many visitors frequenting the picturesque area.

Property Subtype:

Restaurant

Date on Market:

2024-10-03

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