Mixed Use located in Victoria - Vi Downtown, V8V 3K5
sqft, Beds, Baths
Listed by Jerry BolaeXp Realty - Listed On: September 5, 2025
- Built in: 1950
- Type: Commercial Sale
- Exterior Features: Sign: Allowed, Wheelchair Access,
- Flooring: Array
- Foundation Details: Concrete Perimeter,
- Lot Size: 0.08 acres
- Total Parking: 2
- Parking Features: On Site,
- Features: Sidewalk,
- Zoning: CA-42
Description
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.