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Main Photo: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 998131
Photo 1: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 998131
Photo 2: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 998131
Photo 3: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 998131
Photo 4: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 998131
Photo 5: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 998131
Photo 6: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 998131
Photo 7: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 998131
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
998131
This well-located, single-storey commercial property offers just under 1,000 sq. ft. of flexible space, ideal for professional offices, a wellness clinic, or a variety of other uses. Positioned for maximum visibility with convenient access to Quadra, Pandora, and Blanshard Streets, the property benefits from excellent exposure in a high-traffic area. Currently vacant and ready for immediate occupancy or customization. In addition to its potential as an owner-occupied space, this is also a strong investment opportunity. The Official Community Plan (OCP) supports a density of 4.5:1, presenting future development potential through land assembly.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
2,400 sq. ft.
Taxes:
Building Features:
Fire Alarm, Handicap Facilities, Kitchen/Staff Room, Parking, Security System, Visual Exposure
Construction:
Block, Brick, Insulation All
Foundation:
Slab
Electricity:
Yes
Ceiling Heights:
Floor finish:
Hardwood, Laminate
Total Building Area:
1,000 sq. ft.
Commercial Area:
Cooling:
HVAC
Heating:
Oil
Fireplace:
No
Pending Date:
Real Estate
Equip/Machinery, Franchise, Good Will, Inventory, Supplies, Trade Name(s)
Display Window, Fenced, Garden, Low Maintenance Yard, Security System, Sign: Allowed, Storefront, Wheelchair Access
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:
Cable Connected, Compost, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected, Recycling
Parking Features:
On Site
Total Units:
Date Listed:
May 08, 2025
Original Price:
899000.0
  • Photo 1: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 998131
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  • Photo 2: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 998131
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  • Photo 3: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 998131
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  • Photo 4: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 998131
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  • Photo 5: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 998131
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  • Photo 6: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 998131
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  • Photo 7: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 998131
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Listed by eXp Realty
Data was last updated May 21, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
43
Avg list price:
$575,000
Min list price:
$35,000
Max list price:
$3,888,888
Avg days on market:
87
Min days on market:
1
Max days on market:
856
These statistics are generated based on the current listing's property type and located in Vi Downtown. Average values are derived using median calculations.
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.