Victoria All Real Estate and Homes for Sale $200K-$300K
990 Blanshard St
Vi Downtown
Victoria
V8W 2H3
$248,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1029517
- Photos (12)
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Prime Downtown Restaurant Opportunity!
Looking for a restaurant in a prime downtown location with affordable rent? This is it!
This well-established Asian restaurant and bar is ideally situated in a high-traffic area, just steps from the library, surrounded by office buildings, the Royal Theatre, and major tourist attractions. The location offers excellent exposure and consistent customer flow.
Attractive Lease Terms: Only $4,000/month, including hydro, water, garbage, parking, and GST—a rare and highly competitive rent package for downtown. Includes one dedicated parking stall.
The space is fully operational with great potential for growth and the flexibility to continue the current concept or introduce your own vision.
This is an excellent opportunity for an owner-operator or investor looking to establish or expand in a vibrant, sought-after area.
Please do not approach staff or the business owner regarding the sale.
- Property Type:
- Commercial Sale
- Type:
- Business
- Commercial Type:
- Business
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Vi Downtown, Victoria
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0 sq. ft.0 m2
- Taxes:
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- Pending Date:
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- 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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- Jurisdiction name:
- City of Victoria
- Legal Description:
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- Business Type:
- Restaurant/Bar
- Total Units:
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- Date Listed:
- Mar 20, 2026
- Original Price:
- 148000.0
Larger map options:
Listed by Pemberton Holmes Ltd.
Data was last updated April 3, 2026 at 02:05 PM (UTC)
Area Statistics
- Listings on market:
- 48
- Avg list price:
- $773,000
- Min list price:
- $45,000
- Max list price:
- $5,500,000
- Avg days on market:
- 106
- Min days on market:
- 9
- Max days on market:
- 405
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.
- 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.
