MLS® 1029087

Restaurants for Sale — Downtown, Victoria, BC

$2,150,000

784 Yates St, Victoria, BC V8W1L4

99
Walk Score
93
Transit
99
Bike
Walk Score® by Redfin
RestaurantsFor Sale
2,252 square feet
Building area
3,600 square feet
Lot size
99
Walk Score
93
Transit
99
Bike
Walk Score® by Redfin

Property details

Structured details

Annual property tax
$21,159
Lot dimensions
3600
Parcel ID (PID)
009-375-597

Listing Information

MLS®
1029087
Listed
March 16, 2026
Time on market
182 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

Commercial property in a prime location of downtown Victoria. Net leasable area of 2252 sqft. Currently tenanted by two restaurants. Do not approach staff or business owner regarding the sale of the property.* (id:63159)

Financing calculator

Estimate your monthly payment on the $2,150,000 asking price.

Financing details
Monthly debt service
$20,868
Cash required at close
$455,000
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+)

  • Roll N Bowl · 788 Yates Street0m
  • Brickyard Pizza · 784 Yates Street5m
  • Cenote Restaurant and Lounge · 768 Yates Street22m
  • Stir it Up · 760 Yates Street43m
  • Foo · 769 Yates Street59m

Cafes (5+)

  • Momo Tea · 762 Yates Street31m
  • SH91 Bubble Tea · 759 Yates Street39m
  • Habit Coffee · 808 Yates Street65m
  • Yates Coffee Bar · 733 Yates Street89m
  • Macchiato Caffe · 780 Johnson Street100m

Grocery (5+)

  • Bulk Barn · 706 Yates Street137m
  • Mexican House of Spice · 1412 Douglas Street231m
  • Market on Yates · 903 Yates Street297m
  • No Frills · 770 Fisgard Street411m
  • Daily Fresh · 1627 Quadra Street412m

Shopping (5+)

  • Winners · 1150 Douglas Street245m
  • The Bay Centre · 1150 Douglas Street317m
  • The Bay Centre317m
  • Sabayons · 1101 Government Street369m
  • Camöflage373m

Parks (5+)

  • Pandora Green387m
  • Pioneer Square · 1030 Quadra Street438m
  • Law Courts Green473m
  • Penwell Green491m
  • Pandora Green494m

Gyms (5+)

  • Anytime Fitness · 815 Yates Street112m
  • Studio 4 Athletics · 715 Yates Street119m
  • Peterec's Kombat Centre · 851 Johnson Street216m
  • Spinco · 745 Cormorant Street250m
  • Gracie Barra Brazilian Jiu-Jitsu · 736 Broughton Street294m

Pharmacies (5+)

  • Shoppers Drug Mart · 1212 Douglas Street212m
  • View Street Pharmacy · 867 View Street244m
  • I.D.A. Cridge Family · 641 Fort Street357m
  • Rexall · 912 Douglas Street400m
  • Victoria Compounding Pharmacy · 1089 Fort Street670m

Banks & ATMs (5+)

  • Scotiabank · 702 Yates Street154m
  • BMO · 1225 Douglas Street158m
  • Canadian Western Bank · 1201 Douglas Street185m
  • Vancity · 1280 Douglas Street197m
  • Coastal Community Credit Union · 762 Fort Street201m

Healthcare (5+)

  • Maycock Eyecare · 1318 Blanshard Street51m
  • Re-coup Health & Performance Chiropractic · 726 Yates Street81m
  • Victoria Cool-Aid Society Community Health Centre · 713 Johnson Street139m
  • Kaizen Health200m
  • Downtown Victoria Optometry · 1126 Quadra Street269m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Frequently asked questions

What is the asking price for this restaurant?

The asking price is $2,150,000.

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 15, 2026.