Darren Leith Victoria's Realtor 

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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1049557
Great restaurant opportunity located in the heart of Downtown Victoria. This turn-key, very well-updated restaurant offers approximately 1,200 sq. ft. with a very reasonable lease of approximately $3,700/month. The restaurant features a fully vented commercial kitchen with an impressive 15-foot commercial hood and a walk-in cooler in the kitchen. The space also includes a huge basement, providing excellent additional storage. This is an excellent opportunity for an operator looking for a centrally located, turn-key restaurant with a reasonable lease, an updated interior, a well-equipped commercial kitchen, and plenty of storage space. NDA required for additional information.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Assignment of Lease
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0 sq. ft.
Taxes:
Ceiling Heights:
Total Building Area:
1,200 sq. ft.
Leasable Area:
1,200 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:
Jurisdiction name:
City of Victoria
Legal Description:
Units in Building:
Units in Community:
Business Type:
Restaurant/Bar
Total Units:
Date Listed:
Sep 12, 2026
Original Price:
198000.0
  • Photo 1: 642 CLS St in Victoria: Vi Downtown Business for sale : MLS®# 1049557
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Listed by Pemberton Holmes Ltd.
Data was last updated September 13, 2026 at 12:05 PM (UTC)
Area Statistics
Listings on market:
62
Avg list price:
$418,500
Min list price:
$30,000
Max list price:
$17,029,000
Avg days on market:
103
Min days on market:
1
Max days on market:
567
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.
Darren Leith
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.