Restaurants for Sale — Downtown, Victoria, BC
$198,000
111 CLS St, Victoria, BC A1A1A1
Property details
Structured details
- Ownership
- Leasehold
From the listing remarks
- Rent (stated)
- $3,700/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®
- 1049557
- Listed
- September 12, 2026
- Time on market
- 2 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Great restaurant opportunity located in the heart of Downtown Victoria. This turn-key, very well-updated restaurant offers approximately 1,200 sq. ft. with a very reasonable lease of approximately $3,700/month. The restaurant features a fully vented commercial kitchen with an impressive 15-foot commercial hood and a walk-in cooler in the kitchen. The space also includes a huge basement, providing excellent additional storage. This is an excellent opportunity for an operator looking for a centrally located, turn-key restaurant with a reasonable lease, an updated interior, a well-equipped commercial kitchen, and plenty of storage space. NDA required for additional information. (id:63159)
Financing calculator
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Financing details
- Monthly debt service
- $1,922
- Cash required at close
- $64,600
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
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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
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Cafes (5+)
- Saint Cecelia218m
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Grocery (4)
- Mexican House of Spice · 1412 Douglas Street528m
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- Zero Waste Emporium · 1728 Douglas Street626m
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Shopping (5+)
- Camöflage375m
- Sabayons · 1101 Government Street409m
- The Bay Centre · 1150 Douglas Street464m
- The Bay Centre464m
- Winners · 1150 Douglas Street522m
Parks (5+)
- Reeson Park · 1300 Wharf Street87m
- Bridgehead Green147m
- Triangle Green185m
- Songhees Point Park · 49 Songhees Road242m
- Fort Victoria310m
Gyms (5+)
- Lagree West235m
- Spinco · 524 Pandora Avenue285m
- Limitless Training · 582 Johnson Street319m
- F45330m
- MA Yoga and Wellness Studio · 541 Herald Street430m
Pharmacies (3)
- I.D.A. Cridge Family · 641 Fort Street477m
- Shoppers Drug Mart · 1212 Douglas Street523m
- Rexall · 912 Douglas Street609m
Banks & ATMs (5+)
- Unnamed163m
- Vancity · 1280 Douglas Street519m
- Unnamed543m
- Coast Capital Savings545m
- Unnamed550m
Healthcare (5+)
- Foundry Victoria · 546 Yates Street242m
- Hey Shauna Art Therapy Studio258m
- Cognito Health · 400 Bastion Square277m
- KlinikMD401m
- Victoria Chinatown Care Centre · 555 Herald Street459m
Nearby places data: © OpenStreetMap contributors.
Nearby restaurants for sale
Business0.7km away
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Frequently asked questions
What is the asking price for this restaurant?
The asking price is $198,000.
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 14, 2026.