1015 Fort St Active Save Request In-Person Tour Request Virtual Tour
Victoria,BC V8V3K5
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Downtown
MLS Listing ID 989730
Originating Board Victoria Real Estate Board
Year Built 1950
Lot Size 3,396 Sqft
Acres 3396.0
Property Sub-Type Freehold
Property Description
Downtown Victoria Investment Opportunity – Endless Potential! Nestled between Vancouver and Cook St. in downtown Victoria, this versatile two-storey building is ready for its next chapter. Spanning over 6,000 sq. ft., this 1950-built property underwent a seismic upgrade in 2008, ensuring lasting structural integrity. Currently home to a thriving restaurant and banquet hall. A commercial kitchen powered by natural gas and a newer heating/cooling system maximize efficiency. Adding to its value, a 1-bedroom suite at the rear of the lower level rents for $2,000/month, offering an additional income stream. The real potential lies in adaptive reuse and redevelopment. Adjacent to a 30-unit micro-apartment building, this space presents an opportunity to create a vibrant mixed-use hub, blending commercial and residential elements (subject to zoning). Whether reimagined as boutique offices, creative workspaces, or a fusion of retail and living spaces, this property is a prime investment in Victoria's evolving urban landscape. A rare opportunity to capitalize on downtown growth, this building is more than real estate—it's a canvas for innovation. Unlock its full potential and be part of Victoria's future! (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 2
Private Pool No
Others
Ownership Freehold