Arts and Entertainment Businesses for Sale — Downtown, Victoria, BC
$120,000
648 Yates St, Victoria, BC V6J3R5
Property details
Structured details
- Ownership
- Leasehold
- Annual property tax
- $1
Listing Information
- MLS®
- 1040943
- Listed
- June 19, 2026
- Time on market
- 87 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Well-established Karaoke Business for Sale! Fantastic opportunity to own a popular karaoke entertainment venue in a high-traffic location. This turnkey business features private karaoke rooms, quality sound systems, a modern song selection system, and a loyal customer base. Spacious layout with attractive lease terms and ample parking nearby. Ideal for an owner-operator or investor looking to enter the entertainment and hospitality industry. Training can be provided by the seller to ensure a smooth transition. Financial information available to qualified buyers upon signing a Confidentiality Agreement (NDA). Please do not approach staff or owner directly. (id:63159)
Financing calculator
Estimate your monthly payment on the $120,000 asking price.
Financing details
- Monthly debt service
- $1,165
- Cash required at close
- $49,000
- 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+)
- Frank's Honeybun Café · 605 Yates Street27m
- Driftwood Chinese Buffet and Bar · 615 Yates Street29m
- Rise n Grind · 1294 Broad Street44m
- Döner Delight · 1280 Broad Street64m
- West Coast Waffles · 1235 Broad Street68m
Cafes (5+)
- Starbucks · 1301 Government Street34m
- Wonderffle Cafe · 632 Yates Street60m
- Kyoto Garden Japanese Tea House · 1200 Broad Street102m
- Cocobella · 606 Johnson Street109m
- New Owly Cafe · 1150 Douglas Street124m
Grocery (5+)
- Mexican House of Spice · 1412 Douglas Street175m
- Bulk Barn · 706 Yates Street182m
- Zero Waste Emporium · 1728 Douglas Street407m
- No Frills · 770 Fisgard Street429m
- Market on Yates · 903 Yates Street613m
Shopping (5+)
- Camöflage126m
- Sabayons · 1101 Government Street153m
- The Bay Centre · 1150 Douglas Street159m
- The Bay Centre159m
- Winners · 1150 Douglas Street171m
Parks (5+)
- Pandora Green195m
- Bridgehead Green300m
- Reeson Park · 1300 Wharf Street307m
- Fort Victoria312m
- Triangle Green319m
Gyms (5+)
- Limitless Training · 582 Johnson Street139m
- Lagree West157m
- Studio 4 Athletics · 715 Yates Street208m
- F45220m
- Spinco · 524 Pandora Avenue276m
Pharmacies (4)
- Shoppers Drug Mart · 1212 Douglas Street148m
- I.D.A. Cridge Family · 641 Fort Street213m
- Rexall · 912 Douglas Street356m
- View Street Pharmacy · 867 View Street538m
Banks & ATMs (5+)
- Vancity · 1280 Douglas Street129m
- Scotiabank · 702 Yates Street167m
- BMO · 1225 Douglas Street175m
- Canadian Western Bank · 1201 Douglas Street188m
- Coast Capital Savings215m
Healthcare (5+)
- KlinikMD89m
- Foundry Victoria · 546 Yates Street151m
- Hey Shauna Art Therapy Studio151m
- Victoria Cool-Aid Society Community Health Centre · 713 Johnson Street213m
- Cognito Health · 400 Bastion Square215m
Nearby places data: © OpenStreetMap contributors.
Similar listings
Other business categories in Victoria
View all in Victoria →Other business categories
All categories →Looking for commercial property instead?
Explore more
Frequently asked questions
What is the asking price for this arts and entertainment businesse?
The asking price is $120,000.
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.