Retail Spaces for Sale near V9C

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

Turnkey downtown Victoria investment. Fully-leased two-storey mixed-use building with four diversified income streams under triple-net leases — a clean, low-management hold. Total rent $20,100/mo ($241,200/yr). Approx. cap rate 6.5%+. Main floor anchored by Ustaad G, an established Indian restaurant franchise with 12+ locations. Rear unit houses a spa tenanted 7+ years. Upstairs: banquet hall plus a 3-bed, 2-bath apartment occupied by restaurant staff. Repositioned 2025 — restaurant now franchise-tenanted at market rent, apartment added as new income unit. Buyer to verify floorplan and measurements, done by Sdlenselement Victoria. Contact listing agent for financials and full info package — NDA and POF required.

Property Subtype:

Restaurant

Date on Market:

2026-07-28

Victoria Industrial for Sale

639 Pembroke Street presents an opportunity to acquire a freestanding owner-occupier industrial asset in Victoria's downtown core. Positioned on Pembroke Street between Douglas Street and Government Street, the property offers direct access to Victoria's primary commercial corridors and is located within an established urban employment area that supports a diverse mix of industrial, office, service, and commercial businesses. The property consists of a functional industrial building featuring warehouse and office components designed to accommodate a variety of owner-user and investment strategies. The warehouse area is complemented by modern office improvements distributed across two levels, creating a flexible environment for administrative, operational, and customer-facing functions. Interior improvements include private offices, open workstations, a boardroom, washrooms with a shower, and climate-controlled office space. Operational features include approximately 14-foot warehouse clear height, two grade-level loading doors, two-phase 400-amp power service, gas-forced air heating in the warehouse area, heat pump service with air conditioning for the office component, and a secure fenced gate. The site also provides on-site parking and yard functionality that supports vehicle storage, loading, and day-to-day business operations. The property is zoned IAI-1 (Industry, Arts and Innovation Zone), permitting a broad range of commercial and industrial uses including assembly, brewery and distillery operations, automotive repair, light industrial uses, office, retail trade, personal service establishments, and veterinary clinics. With vacant possession available upon closing and a completed Phase I Environmental assessment, the property offers immediate occupancy potential for businesses seeking a centrally located industrial facility in Victoria.

Date on Market:

2026-07-23

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