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Main Photo: CLS CLS Sq in Victoria: Vi Downtown Business for sale : MLS®# 1001279
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1001279
A great opportunity to acquire a restaurant with over 30 years of history with a location that benefits from both local and tourist traffic. This ideal location enjoys year-round walk-by traffic and it's unique layout and food primary liquor license can accommodate 93 people. The interior is bright due to its corner location and recent upgrades to the space which have totalled over $150k have included a new bar and beer tap beer system, dining room upgrades, plus kitchen upgrades to enhance the service and flow. The kitchen is fully commercially vented, allowing any type of cuisine and it benefits from ample prep space and cold storage. The restaurant also added a 25 seat patio, which allows additional seating capacity during the warmer months. This is an exceptional opportunity to take over a well-respected restaurant brand or bring your own concept and breathe new life into this prime restaurant location.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
- (Full:-/Half:-)
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
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:
Business Type:
Restaurant/Bar
Total Units:
Date Listed:
May 27, 2025
Original Price:
269000.0
  • Photo 1: CLS CLS Sq in Victoria: Vi Downtown Business for sale : MLS®# 1001279
    Photo 1 of 1
Listed by Pemberton Holmes Ltd.
Data was last updated May 30, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
45
Avg list price:
$547,870
Min list price:
$35,000
Max list price:
$3,888,888
Avg days on market:
94
Min days on market:
3
Max days on market:
865
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.