MLS® 1047034

Business for Sale — Downtown, Victoria, BC

$48,000

CLS CLS St, Victoria, BC V8T1P5

87
Walk Score
86
Transit
99
Bike
Walk Score® by Redfin
For Sale
Restaurant, Retail and Wholesale, Service
Type
87
Walk Score
86
Transit
99
Bike
Walk Score® by Redfin

Property details

Structured details

Ownership
Freehold

Listing Information

MLS®
1047034
Listed
August 15, 2026
Time on market
30 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

Commercial kitchen opportunity in a central location just minutes from Downtown Victoria. The approximately 1,100 sq. ft. space is located in a ground-floor industrial unit and features a large loading door, a small retail/office area, and a VIHA-approved commercial kitchen.The kitchen is well equipped with triple sinks, grease traps, a private washroom, commercial oven, stainless steel work tables, racking, freezer space and coolers.The premises are not currently vented for grease-laden cooking; however, the unit is located in a single-storey building and may be able to accommodate the installation of a full commercial hood system, subject to landlord and regulatory approval.A new three-year lease is in place with an additional renewal option, with total monthly rent of approximately $3,500.This is an excellent opportunity for a food operator looking for a centrally located production kitchen, commissary kitchen, catering facility or ghost kitchen with convenient loading and easy access to Downtown Victoria. (id:63159)

Financing calculator

Estimate your monthly payment on the $48,000 asking price.

Financing details
Monthly debt service
$466
Cash required at close
$34,600
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+)

  • Greek On the Street · 492 Bay Street216m
  • Red Kettle Restaurant · 2630 Bridge Street360m
  • Wheelies Cafe434m
  • Cafe Malabar · 407 Swift Street492m
  • Steve's Poké Bar · 645 Tyee Road511m

Cafes (5+)

  • Grindstone Cafe · Herald Street442m
  • Caffe Fantastico443m
  • Union Pacific Coffee · 537 Herald Street508m
  • Cascadia · 1812 Government Street522m
  • Bean Around The World · 533 Fisgard Street582m

Grocery (3)

  • BC Ale Trail569m
  • Zero Waste Emporium · 1728 Douglas Street718m
  • No Frills · 770 Fisgard Street794m

Shopping (1)

  • Camöflage781m

Parks (5+)

  • Bay and Government Park · 625 Bay Street437m
  • Point Ellice Park · 387 Harbour Road475m
  • Triangle Park · 150 Wilson Street546m
  • Bridges Park · 759 Central Spur558m
  • Vista Park · 130 Esquimalt Road617m

Gyms (5+)

  • Vic City Gymnastics · 2051 Store Street269m
  • Victoria Martial Arts · 630 Bay Street460m
  • MA Yoga and Wellness Studio · 541 Herald Street515m
  • Merge Combat and Fitness Studio · 2504 Douglas Street568m
  • Spinco · 524 Pandora Avenue623m

Pharmacies (2)

  • Save-On-Foods · 172 Wilson Street572m
  • Pharmasave · 180 Wilson Street655m

Banks & ATMs (2)

  • Localcoin Bitcoin ATM · 1710 Douglas Street729m
  • RBC Royal Bank · 1701 Douglas Street777m

Healthcare (4)

  • Dockside Physiotherapy · 399 Tyee Road502m
  • Victoria Chinatown Care Centre · 555 Herald Street550m
  • Acacia Westside · 180 Wilson Street672m
  • Hey Shauna Art Therapy Studio769m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Frequently asked questions

What is the asking price for this business?

The asking price is $48,000.

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.