Cafes for Sale — Downtown, Victoria, BC
$199,999
504 Herald St, Victoria, BC V8W1S6
Property details
Structured details
- Ownership
- Freehold
- Zoning
- CA-3C
- Parcel ID (PID)
- 004-938-500
- Heating
- Hot Water
- Lot features
- Curb & gutter, Corner Site
From the listing remarks
- Seats
- 18 seats
Stated by the listing brokerage in the remarks; not verified. Hover a value to see the exact sentence it came from.
Listing Information
- MLS®
- 1034986
- Listed
- May 6, 2026
- Time on market
- 131 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
Established and profitable café located in a rapidly growing neighbourhood with a prime corner location and excellent foot traffic. This turnkey business generates strong positive cash flow and is ideal for an owner-operator or family-run operation. Features approximately 1,100 sq. ft. of interior space across two levels, offering 18 seats on the main floor and 25 seats upstairs, plus a 10-seat outdoor patio with the potential to expand to 20+ seats. Hosts Keycafe smart key locker, used by Airbnb hosts, provides a consistent flow of travellers visiting the café to pick up and return accommodation keys, creating additional customer opportunities. 5-year lease with additional 5-year renewal option. Come make it your DESTINED business. Please do not approach the owner or any staff members about the sale of the business.* (id:63159)
Financing calculator
Estimate your monthly payment on the $199,999 asking price.
Financing details
- Monthly debt service
- $1,941
- Cash required at close
- $65,000
- 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+)
- Pinhalla · 516 Fisgard Street93m
- Jam Cafe · 542 Herald Street114m
- Ohana Poke · 513 Fisgard Street116m
- Don Mee Seafood Restaurant · 538 Fisgard Street117m
- Eva Schnitzelhous · 509 Fisgard Street119m
Cafes (5+)
- Grindstone Cafe · Herald Street19m
- Union Pacific Coffee · 537 Herald Street67m
- Bean Around The World · 533 Fisgard Street128m
- Cascadia · 1812 Government Street149m
- Just Matcha · 544 Pandora Avenue205m
Grocery (5+)
- Zero Waste Emporium · 1728 Douglas Street337m
- No Frills · 770 Fisgard Street418m
- Mexican House of Spice · 1412 Douglas Street440m
- Bulk Barn · 706 Yates Street560m
- Daily Fresh · 1627 Quadra Street799m
Shopping (5+)
- Camöflage327m
- Sabayons · 1101 Government Street575m
- The Bay Centre601m
- The Bay Centre · 1150 Douglas Street601m
- Winners · 1150 Douglas Street615m
Parks (5+)
- Triangle Green227m
- Bridgehead Green277m
- Pandora Green287m
- Reeson Park · 1300 Wharf Street362m
- Songhees Point Park · 49 Songhees Road594m
Gyms (5+)
- MA Yoga and Wellness Studio · 541 Herald Street77m
- Spinco · 524 Pandora Avenue181m
- F45226m
- Vic City Gymnastics · 2051 Store Street243m
- Limitless Training · 582 Johnson Street309m
Pharmacies (3)
- Shoppers Drug Mart · 1212 Douglas Street583m
- I.D.A. Cridge Family · 641 Fort Street647m
- Rexall · 912 Douglas Street796m
Banks & ATMs (5+)
- Localcoin Bitcoin ATM · 1710 Douglas Street335m
- RBC Royal Bank · 1701 Douglas Street382m
- Unnamed448m
- Scotiabank · 702 Yates Street541m
- Vancity · 1280 Douglas Street546m
Healthcare (5+)
- Victoria Chinatown Care Centre · 555 Herald Street124m
- Hey Shauna Art Therapy Studio333m
- Foundry Victoria · 546 Yates Street374m
- KlinikMD522m
- Cognito Health · 400 Bastion Square527m
Nearby places data: © OpenStreetMap contributors.
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Frequently asked questions
What is the asking price for this cafe?
The asking price is $199,999.
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.