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1608 Quadra St
Vi Downtown Victoria V8W 2L4

$1,188,800
Commercial Sale built: 1908

Main Photo: 1608 Quadra St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1011315
Photo 1: 1608 Quadra St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1011315
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1011315
Year Built:
1908
1608 Quadra Street presents a rare opportunity to acquire a well-located commercial property in the heart of Victoria. Situated on a high-visibility corridor with steady pedestrian and vehicle traffic, this property benefits from CA-3 zoning, which allows a wide variety of commercial and mixed-use opportunities—retail, office, service, or food/beverage uses—while also offering flexibility for future redevelopment potential. The site is positioned in a growing area surrounded by residential density, businesses, and cultural amenities, ensuring strong footfall and consistent tenant demand. With stable income potential today and significant upside for repositioning or intensification tomorrow, 1608 Quadra Street is an excellent choice for investors or owner-operators seeking a prime foothold in Victoria’s vibrant commercial core. Please do not approach staff and owner regarding sale of business.*
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Business, Land
Year built:
1908 (Age: 117)
Lease Type:
Sale of Assets, Sale Of Shares
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
3,375 sq. ft.
Lot Details:
37 ft wide
Taxes:
Building Features:
Basement, Bike Storage, Kitchen/Staff Room, Laundry Room
Construction:
Frame Wood, Wood
Electricity:
Yes
Number of Storeys:
3
Ceiling Heights:
Floor finish:
Carpet, Linoleum, Mixed
Total Building Area:
2,800 sq. ft.
Commercial Area:
Water supply:
Municipal
Heating:
Baseboard
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
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:
Utilities:
Electricity Connected, Garbage
Lot Site Features:
Rectangular Lot
Parking Features:
On Site
Total Parking Spaces:
0
Business Name:
Turtle Hostel
Business Type:
Accommodation
Total Units:
Date Listed:
Aug 16, 2025
Original Price:
1188800.0
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Listed by Pemberton Holmes Ltd.
Data was last updated September 23, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
50
Avg list price:
$432,235
Min list price:
$10,000
Max list price:
$12,950,000
Avg days on market:
100
Min days on market:
6
Max days on market:
981
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.