Rare opportunity to purchase a 67,999SF freehold office building with high-exposure ground floor retail in Downtown Victoria, ideally located at the hub of government, office, and tourism sectors in one of Canada's prime destinations. Over $1,200,000 in NOI presenting a 7%+ capitalization rate (August 2026 annualized income). This exceptionally maintained property benefits from over $1.48M in recent upgrades, including new boilers and an emergency generator. Strong roster of AAA tenancies from government, law, financial, education, technology, and F&B sectors provides a stable income stream in one of Canada’s most desirable locations. The new buyer will also enjoy +/- $1.279M amortization recovery available with over $215k occurring in 2026. Inquire today for more details.
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Listed by William Wright Commercial Real Estate Services
Data was last updated August 21, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
64
Avg list price:
$451,500
Min list price:
$30,000
Max list price:
$17,029,000
Avg days on market:
86
Min days on market:
1
Max days on market:
544
These statistics are generated based on the current listing's property type
and located in
Vi Downtown. Average values are
derived using median calculations. This data is not produced by
the MLS® system.