Commercial Real Estate
101 5325 Cordova Bay Rd
SE Cordova Bay
Saanich
V8Y 2L3
$695,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1024083
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Rare opportunity to acquire a long-standing and highly profitable restaurant in one of Victoria’s most desirable seaside communities. Adrienne’s Restaurant, est. in 1957, is a beloved local institution located at the iconic Mattick’s Farm, drawing traffic from both locals and tourists. The business operates three complementary revenue streams under one roof: a full-service restaurant, a café/bakery, and an ice cream parlour. This diversified model has allowed the business to remain consistently profitable for years, providing great returns. The restaurant is fully licensed with seating for up to 86 guests, plus a 650 sq ft licensed patio. A full management team is in place, making this an ideal opportunity for an owner-operator or semi-absentee investor. The business benefits from excellent on-site parking and a prime location within a 5-acre retail destination anchored by Red Barn Market, Liquor Plus and numerous boutique retailers. Please do not approach staff or ownership directly.
- Property Type:
- Commercial Sale
- Type:
- Business
- Commercial Type:
- Business
- Lease Type:
- Sale of Assets, Sale Of Shares
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- SE Cordova Bay, Saanich East
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0 sq. ft.0 m2
- Taxes:
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- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- 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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- Parking Features:
- On Site
- Business Type:
- Restaurant/Bar
- Total Units:
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- Date Listed:
- Jan 23, 2026
- Original Price:
- 695000.0
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Listed by Pemberton Holmes Ltd.
Data was last updated January 28, 2026 at 10:05 AM (UTC)
Area Statistics
- Listings on market:
- 15
- Avg list price:
- $695,000
- Min list price:
- $75,000
- Max list price:
- $8,000,000
- Avg days on market:
- 163
- Min days on market:
- 5
- Max days on market:
- 850
These statistics are generated based on the current listing's property type
and located in
Saanich East. 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.
