MLS® 1038141Price drop — was $350,000 on Sep 12

Restaurants for Sale — Downtown, Victoria, BC

$300,000

893 Fort St, Victoria, BC V8W1H7

99
Walk Score
92
Transit
99
Bike
Walk Score® by Redfin
RestaurantsFor Sale
Restaurant
Type
99
Walk Score
92
Transit
99
Bike
Walk Score® by Redfin

Property details

Structured details

Ownership
Leasehold

From the listing remarks

Seats
50 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®
1038141
Listed
May 25, 2026
Time on market
112 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Well established and highly successful Thai restaurant for sale. Known as one of the most popular and authentic Thai dining destinations in the city, ideally located in the heart of downtown Victoria on a busy, high-foot-traffic street with substantial nearby development adding to the area’s density. Featuring 50 seats and a strong, loyal customer base, the business is well-positioned for continued growth.This is an excellent opportunity for a new owner to take the restaurant to the next level by expanding the launch of the lunch operation or create complementary product line.The sale includes all restaurant assets, approximately $13,000 in inventory and product line, as well as the established branding.Come make it your DESTINED business! Please do not approach staff and owner regarding sale of business.* (id:63159)

Financing calculator

Estimate your monthly payment on the $300,000 asking price.

Financing details
Monthly debt service
$2,912
Cash required at close
$85,000
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

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+)

  • Sookjai Thai · 893 Fort Street12m
  • Loveleen's Indian Sweets and Snacks · 852 Fort Street33m
  • Bimi Express Market42m
  • Jiang Yum Noodle House · 830 Fort Street73m
  • Thai Food Near Me97m

Cafes (5+)

  • Blue Fox Cafe · 919 Fort Street119m
  • Discovery Coffee · 1001 Blanshard Street158m
  • Tim Hortons265m
  • Habit Coffee · 808 Yates Street266m
  • Basic Cafe282m

Grocery (5+)

  • Market on Yates · 903 Yates Street196m
  • Bulk Barn · 706 Yates Street407m
  • Mexican House of Spice · 1412 Douglas Street527m
  • Save-On-Foods · 1010 Pandora Avenue529m
  • Daily Fresh · 1627 Quadra Street564m

Shopping (5+)

  • London Drugs239m
  • Winners · 1150 Douglas Street415m
  • The Bay Centre479m
  • The Bay Centre · 1150 Douglas Street479m
  • Sabayons · 1101 Government Street537m

Parks (5+)

  • Pioneer Square · 1030 Quadra Street136m
  • Law Courts Green200m
  • Rupert Terrace Green · 850 Quadra Street326m
  • Penwell Green345m
  • Fairfield Green359m

Gyms (5+)

  • Anytime Fitness · 815 Yates Street208m
  • Kadampa Meditation Centre · 970 Blanshard Street219m
  • West Coast Jiu-Jitsu244m
  • Gracie Barra Brazilian Jiu-Jitsu · 736 Broughton Street270m
  • Peterec's Kombat Centre · 851 Johnson Street295m

Pharmacies (5+)

  • View Street Pharmacy · 867 View Street92m
  • Shoppers Drug Mart · 1212 Douglas Street419m
  • Rexall · 912 Douglas Street422m
  • Victoria Compounding Pharmacy · 1089 Fort Street431m
  • I.D.A. Cridge Family · 641 Fort Street484m

Banks & ATMs (5+)

  • Coastal Community Credit Union · 762 Fort Street257m
  • RBC · 1079 Douglas Street357m
  • Island Savings · 933 Douglas Street364m
  • CIBC364m
  • Canadian Western Bank · 1201 Douglas Street378m

Healthcare (5+)

  • The Queer Care Collective44m
  • Downtown Victoria Optometry · 1126 Quadra Street90m
  • Kaizen Health124m
  • Connect Hearing · 953 Fort Street176m
  • EHLA Wellness · 975 Fort Street192m

Nearby places data: © OpenStreetMap contributors.

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Frequently asked questions

What is the asking price for this restaurant?

The asking price is $300,000.

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.