Restaurants for Sale — Downtown, Victoria, BC
$199,000
1706 Government St, Victoria, BC V8W1Z5
Property details
Structured details
- Ownership
- Leasehold
- Lot dimensions
- 1
Listing Information
- MLS®
- 1044648
- Listed
- July 29, 2026
- Time on market
- 47 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Long established Asian restaurant located in Chinatown, proudly serving authentic Japanese cuisine to the community since 2006. Fully equipped commercial kitchen with a large commercial hood, and active liquor license. Excellent location with high foot traffic and strong visibility, especially during peak tourist seasons. The dining area features traditional tatami seating added privacy, sushi bar, and regular table-chair seatings. With a loyal customer base already in place, this restaurant offers great potential for further growth. Come make it your DESTINED restaurant. Please do not approach staff or owners regarding the sale of the business. * (id:63159)
Financing calculator
Estimate your monthly payment on the $199,000 asking price.
Financing details
- Monthly debt service
- $1,932
- Cash required at close
- $64,800
- 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
Restaurants (5+)
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Cafes (5+)
- Bean Around The World · 533 Fisgard Street67m
- QV Cafe · 1701 Government Street72m
- Union Pacific Coffee · 537 Herald Street81m
- Starbucks · 1689 Government Street87m
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Grocery (5+)
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- Mexican House of Spice · 1412 Douglas Street301m
- Bulk Barn · 706 Yates Street425m
- Daily Fresh · 1627 Quadra Street671m
Shopping (5+)
- Camöflage207m
- Sabayons · 1101 Government Street476m
- The Bay Centre492m
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- Winners · 1150 Douglas Street496m
Parks (5+)
- Pandora Green152m
- Triangle Green233m
- Bridgehead Green271m
- Reeson Park · 1300 Wharf Street352m
- Fort Victoria559m
Gyms (5+)
- MA Yoga and Wellness Studio · 541 Herald Street75m
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Pharmacies (4)
- Shoppers Drug Mart · 1212 Douglas Street459m
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- Rexall · 912 Douglas Street689m
- View Street Pharmacy · 867 View Street775m
Banks & ATMs (5+)
- Localcoin Bitcoin ATM · 1710 Douglas Street215m
- RBC Royal Bank · 1701 Douglas Street258m
- Scotiabank · 702 Yates Street406m
- Unnamed409m
- Vancity · 1280 Douglas Street418m
Healthcare (5+)
- Victoria Chinatown Care Centre · 555 Herald Street58m
- Hey Shauna Art Therapy Studio256m
- Foundry Victoria · 546 Yates Street303m
- Victoria Cool-Aid Society Community Health Centre · 713 Johnson Street393m
- KlinikMD417m
Nearby places data: © OpenStreetMap contributors.
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Frequently asked questions
What is the asking price for this restaurant?
The asking price is $199,000.
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.