REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,999,999
Est. payment | /mo
3,396 Sqft Lot
$ 2,999,999
Est. payment | /mo
3,396 Sqft Lot
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
Listed by eXp Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "