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This 0 bedroom, 0 bathroom industrial is listed for sale at $3,050,000 in Victoria, British Columbia.MLS® #1043983.
Turnkey downtown Victoria investment. Fully-leased two-storey mixed-use building with four diversified income streams under triple-net leases — a clean, low-management hold. Total rent $20,100/mo ($241,200/yr).
Approx. cap rate 6.5%+. Main floor anchored by Ustaad G, an established Indian restaurant franchise with 12+ locations. Rear unit houses a spa tenanted 7+ years.
Upstairs: banquet hall plus a 3-bed, 2-bath apartment occupied by restaurant staff. Repositioned 2025 — restaurant now franchise-tenanted at market rent, apartment added as new income unit. Buyer to verify floorplan and measurements, done by Sdlenselement Victoria.
Looking for homes for sale in Victoria? Browse Victoria real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Located in the Vi Downtown neighborhood. Part of the Victoria area.
View comprehensive market analysis for Fort St including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Fort St Market ReportTurnkey downtown Victoria investment. Fully-leased two-storey mixed-use building with four diversified income streams under triple-net leases — a clean, low-management hold. Total rent $20,100/mo ($241,200/yr).
Approx. cap rate 6.5%+. Main floor anchored by Ustaad G, an established Indian restaurant franchise with 12+ locations. Rear unit houses a spa tenanted 7+ years.
Upstairs: banquet hall plus a 3-bed, 2-bath apartment occupied by restaurant staff. Repositioned 2025 — restaurant now franchise-tenanted at market rent, apartment added as new income unit. Buyer to verify floorplan and measurements, done by Sdlenselement Victoria.
View the full video walkthrough and property details

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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