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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 Mixed Use for sale : MLS®# 1012950
Photo 1: 1015 Fort St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1012950
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1012950
Year Built:
1950
Prime Downtown Victoria Investment Opportunity Located between Vancouver and Cook Street, this thriving two-storey commercial building offers over 6,000 sq. ft. of flexible space in the heart of downtown. Originally built in 1950 and seismically upgraded in 2008, the property is currently home to a successful restaurant, banquet hall, and fully equipped natural-gas commercial kitchen. A newer heating and cooling system ensures comfort and efficiency. Adding to its revenue potential, a 1-bedroom suite at the rear of the lower level generates approximately $2,000/month in rental income. With its central location—adjacent to a 30-unit micro-apartment building—this property presents an exceptional opportunity for a mixed-use redevelopment (subject to zoning), blending residential and commercial uses in one dynamic site. A rare chance to acquire a solid downtown investment with multiple income streams and future growth potential.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Land
Year built:
1950 (Age: 75)
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
3,396 sq. ft.
Taxes:
Construction:
Brick & Siding, Concrete
Foundation:
Concrete Perimeter
Electricity:
Yes
Number of Storeys:
2
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
6,734 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Pending Date:
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:
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:
Zoning:
CA-42
Units in Building:
Units in Community:
Occupancy:
Owner
Utilities:
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Lot Site Features:
Sidewalk
Parking Features:
On Site
Total Parking Spaces:
2
Total Units:
Date Listed:
Sep 05, 2025
Original Price:
2999999.0
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Listed by eXp Realty
Data was last updated September 6, 2025 at 07:30 AM (UTC)
Area Statistics
Listings on market:
49
Avg list price:
$465,470
Min list price:
$10,000
Max list price:
$12,950,000
Avg days on market:
96
Min days on market:
1
Max days on market:
964
These statistics are generated based on the current listing's property type and located in Vi Downtown. Average values are derived using median calculations. This data is not produced by the MLS® system.

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