Downtown Victoria Investment Opportunity – Endless Potential! Nestled between Vancouver and Cook St. in downtown Victoria, this versatile two-storey building is ready for its next chapter. Spanning over 6,000 sq. ft., this 1950-built property underwent a seismic upgrade in 2008, ensuring lasting structural integrity. Currently home to a thriving restaurant and banquet hall. A commercial kitchen powered by natural gas and a newer heating/cooling system maximize efficiency. Adding to its value, a 1-bedroom suite at the rear of the lower level rents for $2,000/month, offering an additional income stream. The real potential lies in adaptive reuse and redevelopment. Adjacent to a 30-unit micro-apartment building, this space presents an opportunity to create a vibrant mixed-use hub, blending commercial and residential elements (subject to zoning). Whether reimagined as boutique offices, creative workspaces, or a fusion of retail and living spaces, this property is a prime investment in Victoria’s evolving urban landscape. A rare opportunity to capitalize on downtown growth, this building is more than real estate—it's a canvas for innovation. Unlock its full potential and be part of Victoria’s future! (id:24212)
- Full Address:
- 1015 Fort Street, Victoria, British Columbia
- Price:
- $ 2,999,999
- MLS Number:
- 989730
- List Date:
- March 5th, 2025
- Neighbourhood:
- Downtown
- Building Size:
- 6734 sq.ft.
- Lot Size:
- 3396 ac
- Year Built:
- 1950
- Taxes:
- $ 35,148
- Ownership Type:
- Freehold
Property Specifications
Interior Features
- Building Size:
- 6734 sq.ft.
- Zoning:
- Unknown
- Garage Spaces:
- 2
Building Features
Floors
- Lot Size:
- 3396 ac
- Lot Features:
- Other
Land
Neighbourhood Features
Ratings
Commercial Info
Location
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Agent: Jerry BolaBrokerage: eXp Realty
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