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Main Photo: 1221 Government St in Victoria: Vi Downtown Business for sale : MLS®# 1010863
Photo 1: 1221 Government St in Victoria: Vi Downtown Business for sale : MLS®# 1010863
Photo 2: 1221 Government St in Victoria: Vi Downtown Business for sale : MLS®# 1010863
Photo 3: 1221 Government St in Victoria: Vi Downtown Business for sale : MLS®# 1010863
Photo 4: 1221 Government St in Victoria: Vi Downtown Business for sale : MLS®# 1010863
Photo 5: 1221 Government St in Victoria: Vi Downtown Business for sale : MLS®# 1010863
Photo 6: 1221 Government St in Victoria: Vi Downtown Business for sale : MLS®# 1010863
Photo 7: 1221 Government St in Victoria: Vi Downtown Business for sale : MLS®# 1010863
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1010863
A rare opportunity to own an award winning fashion boutique with 23 years of success in the heart of downtown Victoria! Voted Best Store and Fashion Trend Spotter for many years, Spank Clothing is a profitable, turnkey business with monthly sales exceeding $100K. This 2,160 sq. ft. boutique is ideally located on the busy Government Street, benefiting from high pedestrian traffic, strong tourist appeal, and a loyal local following. It features a curated mix of women’s apparel and accessories, established supplier relationships, and experienced staff. With 9.5K Instagram followers and nearly 7K Facebook followers the business has an online presence, with further opportunity to grow. Don’t miss this chance to step into a respected brand with proven success and growth potential in one of Victoria’s most desirable retail areas! Perfect for an owner operator or investor seeking a creative, rewarding venture. PLEASE DO NOT APPROACH STAFF OR OWNER; DIRECT ALL INQUIRIES TO THE LISTING AGENT.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
- (Full:-/Half:-)
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Units in Building:
Units in Community:
Occupancy:
Tenant
Business Name:
Spank Clothing
Business Type:
Retail
Business Established Year:
2002
Total Units:
Date Listed:
Aug 11, 2025
Original Price:
280000.0
  • Photo 1: 1221 Government St in Victoria: Vi Downtown Business for sale : MLS®# 1010863
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  • Photo 7: 1221 Government St in Victoria: Vi Downtown Business for sale : MLS®# 1010863
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Listed by Pemberton Holmes Ltd.
Data was last updated August 14, 2025 at 06:05 AM (UTC)
Area Statistics
Listings on market:
51
Avg list price:
$465,470
Min list price:
$10,000
Max list price:
$5,734,000
Avg days on market:
120
Min days on market:
1
Max days on market:
940
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.

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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.