Dallas King PREC, REALTOR with RE/MAX Generation, BCFSA licence 172638. Not intended to solicit properties already listed for sale or buyers or sellers already under contract.
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This 0 bedroom, 0 bathroom mixed use is listed for sale at $17,029,000 in Victoria, British Columbia. Built in 1968. Lot size: 16,117 sq ft (0.37 acres).MLS® #1046978.
Rare opportunity to purchase a 67,999SF freehold office building with high-exposure ground floor retail in Downtown Victoria, ideally located at the hub of government, office, and tourism sectors in one of Canada's prime destinations. Over $1,200,000 in NOI presenting a 7%+ capitalization rate (August 2026 annualized income). This exceptionally maintained property benefits from over $1.48M in recent upgrades, including new boilers and an emergency generator.
Strong roster of AAA tenancies from government, law, financial, education, technology, and F&B sectors provides a stable income stream in one of Canada’s most desirable locations. The new buyer will also enjoy +/- $1.279M amortization recovery available with over $215k occurring in 2026. Inquire today for more details.
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 Douglas 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 Douglas St Market ReportRare opportunity to purchase a 67,999SF freehold office building with high-exposure ground floor retail in Downtown Victoria, ideally located at the hub of government, office, and tourism sectors in one of Canada's prime destinations. Over $1,200,000 in NOI presenting a 7%+ capitalization rate (August 2026 annualized income). This exceptionally maintained property benefits from over $1.48M in recent upgrades, including new boilers and an emergency generator.
Strong roster of AAA tenancies from government, law, financial, education, technology, and F&B sectors provides a stable income stream in one of Canada’s most desirable locations. The new buyer will also enjoy +/- $1.279M amortization recovery available with over $215k occurring in 2026. Inquire today for more details.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Victoria community, including the Downtown neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$86,645
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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