MLS® 1027162

Retail for Sale — Downtown, Victoria, BC

$16

103 535 Yates St, Victoria, BC V8W2Z6

99
Walk Score
93
Transit
89
Bike
Walk Score® by Redfin
For Lease
4,319 square feet
Building area
99
Walk Score
93
Transit
89
Bike
Walk Score® by Redfin

Property details

Structured details

Ownership
Freehold
Zoning
OTD-1
Structure type
Retail
Parcel ID (PID)
000-088-820

Listing Information

MLS®
1027162
Listed
March 17, 2026
Time on market
181 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

This ground floor retail space is currently occupied by an arcade, however, previously operated as a restaurant. Located in the 500 block of Yates Street just steps from the water, this opportunity benefits from nearby beloved Victoria retailers including Outlooks Men Wear, Fiamo Italian Eatery, Ferris’s Oyster Bar and El Furniture Warehouse. A classic Victoria brick and stone building, the entrance is framed by old wood beams. The space is a split level with back exterior egress and stairs up to a mezzanine. It also provides 3 interior washrooms. The space previously operated as a restaurant with a commercial kitchen, office and storage. Existing HVAC, plumbing and electrical provides 200 AMP service. Other Tenant’s in the building include Regis Offices occupying the top three floors, as well as St.Cecelia Coffee and Cinnaholic on the ground floor. (id:63159)

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

English81%
French1.9%
Tagalog (Pilipino, Filipino)1.3%
Spanish1.2%
Mandarin1.2%
Yue (Cantonese)1.1%
German1%
Arabic0.6%
Korean0.6%
Japanese0.5%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • El Furniture Warehouse · 533 Yates Street35m
  • Block Victoria · 538 Yates Street39m
  • Ferris' Burger & Oyster Bar · 536 Yates Street43m
  • Perro Negro · 536 Yates Street45m
  • Fiamo Pizza & Wine Bar · 515 Yates Street83m

Cafes (5+)

  • Saint Cecelia28m
  • Wind Cries Mary103m
  • Starbucks · 1301 Government Street118m
  • Hey Happy · 560 Johnson Street139m
  • Murchie's Cafe · 1110 Government Street152m

Grocery (5+)

  • Mexican House of Spice · 1412 Douglas Street308m
  • Bulk Barn · 706 Yates Street332m
  • Zero Waste Emporium · 1728 Douglas Street485m
  • No Frills · 770 Fisgard Street526m
  • Market on Yates · 903 Yates Street760m

Shopping (5+)

  • Camöflage183m
  • Sabayons · 1101 Government Street186m
  • The Bay Centre232m
  • The Bay Centre · 1150 Douglas Street232m
  • Winners · 1150 Douglas Street282m

Parks (5+)

  • Reeson Park · 1300 Wharf Street164m
  • Bridgehead Green183m
  • Triangle Green219m
  • Fort Victoria222m
  • Fort Victoria National Historic Site of Canada237m

Gyms (5+)

  • Lagree West37m
  • Limitless Training · 582 Johnson Street141m
  • F45211m
  • Spinco · 524 Pandora Avenue229m
  • Studio 4 Athletics · 715 Yates Street354m

Pharmacies (4)

  • I.D.A. Cridge Family · 641 Fort Street261m
  • Shoppers Drug Mart · 1212 Douglas Street279m
  • Rexall · 912 Douglas Street409m
  • View Street Pharmacy · 867 View Street679m

Banks & ATMs (5+)

  • Unnamed112m
  • Vancity · 1280 Douglas Street274m
  • Coast Capital Savings311m
  • Unnamed317m
  • Scotiabank · 702 Yates Street317m

Healthcare (5+)

  • Foundry Victoria · 546 Yates Street35m
  • Hey Shauna Art Therapy Studio82m
  • Cognito Health · 400 Bastion Square123m
  • KlinikMD160m
  • Victoria Cool-Aid Society Community Health Centre · 713 Johnson Street361m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Other commercial property types for lease in Victoria

Frequently asked questions

What is the asking price for this business?

This listing is available for lease at $16.

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 14, 2026.