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Main Photo: 508 Herald St in Victoria: Vi Downtown Retail for lease : MLS®# 1014026
Photo 1: 508 Herald St in Victoria: Vi Downtown Retail for lease : MLS®# 1014026
Photo 2: 508 Herald St in Victoria: Vi Downtown Retail for lease : MLS®# 1014026
Photo 3: 508 Herald St in Victoria: Vi Downtown Retail for lease : MLS®# 1014026
Photo 4: 508 Herald St in Victoria: Vi Downtown Retail for lease : MLS®# 1014026
Photo 5: 508 Herald St in Victoria: Vi Downtown Retail for lease : MLS®# 1014026
Photo 6: 508 Herald St in Victoria: Vi Downtown Retail for lease : MLS®# 1014026
Photo 7: 508 Herald St in Victoria: Vi Downtown Retail for lease : MLS®# 1014026
Photo 8: 508 Herald St in Victoria: Vi Downtown Retail for lease : MLS®# 1014026
Photo 9: 508 Herald St in Victoria: Vi Downtown Retail for lease : MLS®# 1014026
Photo 10: 508 Herald St in Victoria: Vi Downtown Retail for lease : MLS®# 1014026
Photo 11: 508 Herald St in Victoria: Vi Downtown Retail for lease : MLS®# 1014026
Photo 12: 508 Herald St in Victoria: Vi Downtown Retail for lease : MLS®# 1014026
Photo 13: 508 Herald St in Victoria: Vi Downtown Retail for lease : MLS®# 1014026
Photo 14: 508 Herald St in Victoria: Vi Downtown Retail for lease : MLS®# 1014026
Photo 15: 508 Herald St in Victoria: Vi Downtown Retail for lease : MLS®# 1014026
Status:
For Lease
Prop. Type:
Commercial Lease
MLS® Num:
1014026
508 Herald Street presents a rare opportunity to lease ±2,175 SQFT of fully built-out retail space in Victoria’s vibrant downtown core. Situated in the dynamic Design District, the property combines modern functionality with an adaptable layout suited to a wide range of retail and service-based uses. The space features a welcoming front showroom with excellent street visibility, a second-level mezzanine that provides additional functional area for office or display, and a rear storage area. With its turnkey improvements and flexible configuration, this property is well-positioned for retailers, specialty businesses, or professional service operators looking to establish themselves within downtown’s Old Town district.
Property Type:
Commercial Lease
Type:
Retail
Commercial Type:
Building
Lease Type:
Absolute Net
Additional Rent Per SqFt:
15.22
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
- (Full:-/Half:-)
Taxes:
Number of Storeys:
2
Ceiling Heights:
Total Building Area:
2,175 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
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:
Legal Description:
Units in Building:
Units in Community:
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
Date Listed:
Sep 15, 2025
Original Price:
22.0
  • Photo 1: 508 Herald St in Victoria: Vi Downtown Retail for lease : MLS®# 1014026
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Listed by JBW Commercial Inc.
Data was last updated October 20, 2025 at 08:05 PM (UTC)

Explore Houses For Sale in Victoria, BC

Victoria, BC, is a harbour city in the heart of Vancouver Island. It’s the perfect mix of quiet, suburban areas, a busy downtown lifestyle and picturesque landscapes along the Pacific Ocean coastline, tree-lined streets and year-long flowers in bloom make the Victoria real estate market a perfect location ideal for singles, couples and families of any age. Victoria real estate offers waterfront properties that offer breathtaking views of the Pacific Ocean, Gorge waterway, and lakefront properties. If you’re looking for new Victoria houses for sale, REW has an updated list of open house searches so you can see homes you like in person and check out their stunning neighbourhoods.

Homes for sale in the 13 municipalities of Victoria offer close access to local amenities, parks, lakes or ocean beaches and the Galloping Goose trail that extends throughout Vancouver Island. If you’re interested in exploring the great outdoors, Victoria has many provincial parks and trails along the Pacific coastline that boast stunning ocean views, lush greenery and local wildlife.

Victoria real estate promises unique character homes with stunning craftsmanship and designs, unlike any other houses on the market. Victoria housing includes heritage homes that have been around for decades. These charming Victoria homes have unique floor plans that offer a cozy, welcoming space for any size family. The varying size of bedrooms makes a versatile option for families that allows you to find the ideal area for your little ones at home, create a private den or an in-home gym or office.

Other Available MLS® Listings in Victoria

Victoria real estate listings have versatile options that range in square footage.

Condos/Apartments - In the greater Victoria real estate market, you can choose from several apartments and condos for sale. These quaint units offer a lower price tag while packing the full benefits of downtown living. The multiple-storey buildings offer patio areas overlooking the Gorge waterway, ocean or tree-lined streets, creating a calm, peaceful environment. In many condos, onsite amenities include fitness rooms, underground parking and storage spaces.

Townhouses - These offer a community-based setting within each complex. The multiple storey housing options allow space for you and your family then a condo while having lower price points then single family homes.. The unique floor plans of these homes for sale offers a modern, cozy living space with access to outdoor patio areas to enjoy the blooming flowers and green spaces surrounding Victoria.

Duplexes-These Victoria homes are ideal for anyone looking for a potential income earner. You can share half of the house while living on the remaining side. You’ll have the benefits of backyard living space, private areas for your home, and separate entrances.

Detached homes - Often referred to as single family homes, these houses offer a private space for you and your family. The floor plans of these homes range from one- to two-storeys with multiple bedrooms, living and dining spaces, and private backyard spaces.


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.