Prime Downtown Victoria Investment Opportunity
Located between Vancouver and Cook Street, this thriving two-storey commercial building offers over 6,000 sq. ft. of flexible space in the heart of downtown. Originally built in 1950 and seismically upgraded in 2008, the property is currently home to a successful restaurant, banquet hall, and fully equipped natural-gas commercial kitchen. A newer heating and cooling system ensures comfort and efficiency.
Adding to its revenue potential, a 1-bedroom suite at the rear of the lower level generates approximately $2,000/month in rental income. With its central location—adjacent to a 30-unit micro-apartment building—this property presents an exceptional opportunity for a mixed-use redevelopment (subject to zoning), blending residential and commercial uses in one dynamic site.
A rare chance to acquire a solid downtown investment with multiple income streams and future growth potential.
Data was last updated September 11, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
50
Avg list price:
$482,235
Min list price:
$10,000
Max list price:
$12,950,000
Avg days on market:
100
Min days on market:
3
Max days on market:
969
These statistics are generated based on the current listing's property type
and located in
Vi Downtown. Average values are
derived using median calculations. This data is not produced by the MLS® system.