For Sale - Stunning heritage commercial building in the heart of Victoria's Old Town District. Initially constructed in 1892, 516 Yates Street stands as a timeless example of Victorian-era commercial architecture. Designed by the prominent architect John Teague, the building is notable for its ornate Romanesque features, including its distinguished arched entrance, brick façade, and detailed stonework. The building has been recently remediated and stripped down to base condition, while preserving its historical charm. It is situated on one of the city’s most walkable blocks, surrounded by boutique shops, cafés, restaurants, and professional services, representing a phenomenal repositioning opportunity.