Bakeries for Sale — Downtown, Victoria, BC
$59,000
1028 Blanshard St, Victoria, BC V8W2H4
Property details
Structured details
- Ownership
- Freehold
- Parking
- 1 space
From the listing remarks
- Rent (stated)
- $5,000/mo
Stated by the listing brokerage in the remarks; not verified. Hover a value to see the exact sentence it came from.
Listing Information
- MLS®
- 1038919
- Listed
- June 1, 2026
- Time on market
- 105 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
Excellent opportunity to acquire a beautifully finished, fully equipped cafe/restaurant space in a high-traffic downtown location. The premises offer a bright and welcoming interior with overheight ceilings, skylights, and a full-height mezzanine that creates an additional dining area and character. The space currently accommodates approximately 20 guests on the main level, with seating for an additional 15 guests on the mezzanine. The layout is well-suited to a wide range of food and beverage concepts, particularly prepared food, café, bakery, dessert, or oven-finished menu offerings.The kitchen is not commercially vented, but the space is efficiently set up and in excellent condition for an operator seeking a lower-cost, turn-key entry into the downtown market. A Food Primary Liquor Licence is also in place, adding flexibility for the next concept. The current lease runs until 2029 at approximately $5,000 per month, offering stability and predictable occupancy costs. This is a rare chance to step into a well-built, inviting restaurant space with strong street exposure and significant existing improvements. (id:63159)
Financing calculator
Estimate your monthly payment on the $59,000 asking price.
Financing details
- Monthly debt service
- $573
- Cash required at close
- $36,800
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Victoria)
- Population
- 91,867(+7.1% since 2016)
- Population density
- 4,723.2/km²
- Median household income
- $67,500
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 42.6%
- Postsecondary below bachelor's
- 25.3%
- High school diploma
- 24.0%
- No certificate/diploma
- 8.2%
Population aged 15 and over.
Commute
- Car, truck or van
- 53.3%
- Public transit
- 11.1%
- Walked
- 22.5%
- Bicycle
- 9.6%
- Other
- 3.5%
Commute duration
- Under 15 min
- 37.6%
- 15–29 min
- 42.6%
- 30–44 min
- 14.1%
- 45–59 min
- 3.2%
- 60+ min
- 2.4%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Thai Food Near Me113m
- Sookjai Thai · 893 Fort Street148m
- Bimi Express Market162m
- Cafe Brio171m
- Loveleen's Indian Sweets and Snacks · 852 Fort Street172m
Cafes (5+)
- Blue Fox Cafe · 919 Fort Street97m
- Discovery Coffee · 1001 Blanshard Street260m
- Routine Coffee & Supply · 1036 Fort Street302m
- Basic Cafe315m
- Little Latte Cafe387m
Grocery (5+)
- Market on Yates · 903 Yates Street284m
- Bulk Barn · 706 Yates Street558m
- Save-On-Foods · 1010 Pandora Avenue584m
- Daily Fresh · 1627 Quadra Street678m
- Mexican House of Spice · 1412 Douglas Street681m
Shopping (5+)
- London Drugs270m
- Winners · 1150 Douglas Street550m
- The Bay Centre607m
- The Bay Centre · 1150 Douglas Street607m
- Sabayons · 1101 Government Street664m
Parks (5+)
- Pioneer Square · 1030 Quadra Street18m
- Law Courts Green136m
- Rupert Terrace Green · 850 Quadra Street229m
- Fairfield Green323m
- Penwell Green362m
Gyms (5+)
- Victoria Fitness · 1029 View Street293m
- Kadampa Meditation Centre · 970 Blanshard Street293m
- West Coast Jiu-Jitsu336m
- Anytime Fitness · 815 Yates Street358m
- Gracie Barra Brazilian Jiu-Jitsu · 736 Broughton Street373m
Pharmacies (5+)
- View Street Pharmacy · 867 View Street227m
- Victoria Compounding Pharmacy · 1089 Fort Street343m
- Rexall · 912 Douglas Street511m
- Rexall546m
- Shoppers Drug Mart · 1212 Douglas Street560m
Banks & ATMs (5+)
- Coastal Community Credit Union · 762 Fort Street389m
- Island Savings · 933 Douglas Street459m
- RBC · 1079 Douglas Street475m
- CIBC498m
- National Bank · 880 Douglas Street511m
Healthcare (5+)
- Connect Hearing · 953 Fort Street133m
- EHLA Wellness · 975 Fort Street136m
- The Queer Care Collective167m
- Aestheva Medical Aesthetics · 946 Fort Street171m
- Downtown Victoria Optometry · 1126 Quadra Street211m
Nearby places data: © OpenStreetMap contributors.
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Frequently asked questions
What is the asking price for this bakerie?
The asking price is $59,000.
Where is this business located?
This listing is located in Victoria, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 15, 2026.