Exceptional commercial investment property on Yates Street, ideally situated in the heart of Victoria’s vibrant downtown core. Totalling 5,317 SF, the main level offers 2,748 SF of prominent street-front retail exposure, with 2,569 SF of lower-level space suitable for storage or offices. Tenanted by a well known and respected Victoria-based menswear retailer, the property is leased until December 31, 2028, with a scheduled rent escalation for the final year. The property has been well maintained and is located across from a large city-managed parking lot, steps from the Inner Harbour and major pedestrian traffic. A secure, income-producing asset in one of downtown Victoria’s most dynamic retail corridors. NDA required for current lease details. Please do not visit or engage with tenant without scheduling a showing with the listing agents.
Address
101 - 534 Yates St
List Price
$2,850,000
Property Type
Commercial Sale
Type of Dwelling
Retail
Transaction Type
Sale
Area
Victoria
Sub-Area
Vi Downtown
Lot Size
5317 Sq. Ft.
Lot Size (Acres)
0.12 Ac.
MLS® Number
1017330
Listing Brokerage
RE/MAX Camosun
Postal Code
V8W 1K8
Tax Amount
$47,267.39
Tax Year
2025
