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575 North Rd
Isl Gabriola Island
Gabriola Island
V0R 1X3
$20 /year
Commercial Lease
- Status:
- For Lease
- Prop. Type:
- Commercial Lease
- MLS® Num:
- 1021128
- Photos (13)
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Three spaces available for lease in the Village Center. Unit #8 is 1245 sq ft, formerly a restaurant and could be office space, retail or a restaurant/cafe. Rent is approx $2600/m. Unit #4 is an office space on the second floor above the liquor store. It is 437 sq ft, has a washroom and rent is approx $750/month. Unit #9 is currently Retail with 1899 sq ft on the main floor and a 1585 sq ft mezzanine. Rent is negotiable - lots of options here. TI allowances available to be negotiated with the rent amount. Folklife Village, also known as the Gabriola Village Center, is the cultural and retail hub on Gabriola Island. With a range of essential services, cultural experiences, and opportunities it is the most visited location on the island. Current tenants include: The Vancouver Island Library, Nesters Grocery Store, Island Pharmacy, The Wooden Hanger, NOVA Art & Craft Boutique, Village Liquor Store and others.
- Property Type:
- Commercial Lease
- Type:
- Mixed Use
- Commercial Type:
- Building
- Lease Type:
- Lease Sqft Price/Annual
- Additional Rent Per SqFt:
- 9.04
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Isl Gabriola Island, Islands
- Bathrooms:
- - (Full:-/Half:-)
- Taxes:
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- Building Features:
- Shopping Centre, Storage Room, Visual Exposure
- Ceiling Heights:
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- Total Building Area:
- 5,166 sq. ft.480 m2
- Commercial Area:
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- Subdivisable Area:
- Yes
- Subdivisable Area Max:
- 3,484 sq. ft.324 m2
- Subdivisable Area Min:
- 437 sq. ft.40.6 m2
- Fireplace:
- No
- Pending Date:
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- Leasehold Improvements
- Main Level
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Parking Features:
- On Site
- Total Parking Spaces:
- 0
- Road Surface Type:
- Paved
- Business Type:
- Restaurant/Bar, Retail, Service
- Total Units:
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- Date Listed:
- Dec 01, 2025
- Original Price:
- 20.0
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Listed by REMAX Professionals (NA)
Data was last updated December 28, 2025 at 12:05 PM (UTC)
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
