MLS® 1047408

Business for Sale — Downtown, Victoria, BC

$49,999

614 Fisgard St, Victoria, BC V8W1R6

For Sale
Retail and Wholesale, Service
Type

Listing Information

MLS®
1047408
Listed
August 19, 2026
Time on market
26 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

Well-established Chinese medicine store in Victoria’s historic Chinatown. Prime commercial location with excellent visibility and convenient access, surrounded by a vibrant mix of shops, restaurants, and businesses. Total monthly rent $5600. Great opportunity to establish a presence in one of Victoria’s most recognizable and active commercial districts. Please do not approach owner or staff regarding the sale of business.* (id:63159)

Financing calculator

Estimate your monthly payment on the $49,999 asking price.

Financing details
Monthly debt service
$485
Cash required at close
$35,000
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

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+)

  • Indian Aroma Restaurant · 612 Fisgard Street14m
  • Bao · 626 Fisgard Street34m
  • Brasserie L'école · 1715 Government Street52m
  • Shizen Japanese Restaurant · 1706 Government Street67m
  • Ocean Garden · 568 Fisgard Street71m

Cafes (5+)

  • QV Cafe · 1701 Government Street22m
  • Starbucks · 1689 Government Street31m
  • Habit Coffee · 552 Pandora Avenue132m
  • Cascadia · 1812 Government Street145m
  • Just Matcha · 544 Pandora Avenue148m

Grocery (5+)

  • Zero Waste Emporium · 1728 Douglas Street137m
  • No Frills · 770 Fisgard Street208m
  • Mexican House of Spice · 1412 Douglas Street241m
  • Bulk Barn · 706 Yates Street372m
  • Daily Fresh · 1627 Quadra Street577m

Shopping (5+)

  • Camöflage200m
  • Winners · 1150 Douglas Street467m
  • Sabayons · 1101 Government Street473m
  • The Bay Centre · 1150 Douglas Street478m
  • The Bay Centre478m

Parks (5+)

  • Pandora Green126m
  • Triangle Green311m
  • Bridgehead Green342m
  • Reeson Park · 1300 Wharf Street416m
  • Fort Victoria589m

Gyms (5+)

  • MA Yoga and Wellness Studio · 541 Herald Street153m
  • F45167m
  • Spinco · 524 Pandora Avenue206m
  • Quantum Yoga and Pilates (Downtown) · 1701 #8 Douglas Street221m
  • Limitless Training · 582 Johnson Street226m

Pharmacies (4)

  • Shoppers Drug Mart · 1212 Douglas Street425m
  • I.D.A. Cridge Family · 641 Fort Street533m
  • Rexall · 912 Douglas Street671m
  • View Street Pharmacy · 867 View Street705m

Banks & ATMs (5+)

  • Localcoin Bitcoin ATM · 1710 Douglas Street124m
  • RBC Royal Bank · 1701 Douglas Street164m
  • Scotiabank · 702 Yates Street355m
  • Vancity · 1280 Douglas Street379m
  • BMO · 1225 Douglas Street412m

Healthcare (5+)

  • Victoria Chinatown Care Centre · 555 Herald Street110m
  • Hey Shauna Art Therapy Studio289m
  • Victoria Cool-Aid Society Community Health Centre · 713 Johnson Street328m
  • Foundry Victoria · 546 Yates Street335m
  • Re-coup Health & Performance Chiropractic · 726 Yates Street406m

Nearby places data: © OpenStreetMap contributors.

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Frequently asked questions

What is the asking price for this business?

The asking price is $49,999.

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.