Simone Gardezy

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1015 Fort St
Vi Downtown Victoria V8V 3K5

$2,999,999
Commercial Sale built: 1950

Main Photo: 1015 Fort St in Victoria: Vi Downtown Retail for sale : MLS®# 989730
Photo 1: 1015 Fort St in Victoria: Vi Downtown Retail for sale : MLS®# 989730
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
989730
Year Built:
1950
Prime Downtown Victoria Investment Opportunity! This thriving two-storey commercial building is perfectly situated downtown between Vancouver and Cook St. Built in 1950 and seismically upgraded in 2008, it offers over 6,000 sq. ft. of versatile space. Currently operating as a successful restaurant and banquet hall, and a commercial kitchen powered by natural gas. A newer heating/cooling system ensures efficiency. Adding to the income potential, a 1-bedroom suite at the back of the lower level rents for approximately $2,000/month. Adjacent to a 30-unit micro-apartment building, this property is an ideal candidate for a mixed-use transformation, blending commercial and residential spaces (subject to zoning). This is a solid investment with multiple income streams. Don't miss out!
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Building, Land
Year built:
1950 (Age: 75)
Lease Type:
Sale Price
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
3,396 sq. ft.
Taxes:
$35,147.83 / 2024
Construction:
Brick & Siding, Concrete
Foundation:
Concrete Perimeter
Electricity:
Yes
Number of Storeys:
2
Floor finish:
Mixed
Total Building Area:
6,734 sq. ft.
Commercial Area:
Downtown
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Equip/Machinery, Real Estate
Franchise
Sign: Allowed, Wheelchair Access
Street parking in front, 2 parking spots behind.
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Buyer To Finance
Assessed:
2002000.0
Assessment year:
2025
Jurisdiction name:
City of Victoria
Legal Description:
LOT 1023, PART W1/2, VICTORIA LAND DISTRICT, EXC THE NORTHERLY 8 FT THEREOF TAKEN FOR RD PURPOSES
Zoning:
CA-42
Utilities:
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Lot Site Features:
Sidewalk
Parking Features:
On Site
Total Parking Spaces:
2
Business Established Year:
2016
Total Units:
1
Date Listed:
Mar 04, 2025
Original Price:
2999999.0
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Listed by eXp Realty
Data was last updated July 1, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
50
Avg list price:
$762,450
Min list price:
$10,000
Max list price:
$13,500,000
Avg days on market:
109
Min days on market:
8
Max days on market:
897
These statistics are generated based on the current listing's property type and located in Vi Downtown. Average values are derived using median calculations.

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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.