C$148,000

990 Blanshard St, Victoria BC, V8W 2H3

Property typeCommercial

Courtesy of Pemberton Holmes Ltd.

Overview

Active

Listed Aug 10, 2026

Updated 4 weeks ago

Karaoke bar for sale with a full commercial kitchen and great potential for a new concept. New low price: $148,000! Prime Downtown Restaurant Opportunity! Looking for a restaurant in a prime downtown location with affordable rent? This is it! This is ideally located in a high-traffic area, steps from the library and surrounded by office buildings, the Royal Theatre, and major tourist attractions. The location offers excellent exposure and customer traffic. Attractive Lease Terms: Only $4,000/month, including hydro, water, garbage, parking, and GST—a rare and competitive rent package for downtown. Includes one dedicated parking stall. The space is fully operational with excellent potential for growth and flexibility to continue the current concept or bring your own vision. A great opportunity for an owner-operator or investor looking to establish or expand in a sought-after downtown location. Please do not approach staff or the business owner regarding the sale.

Courtesy of Pemberton Holmes Ltd., Claire Yoo

Listing Contact: 250-858-6775

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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor rennie shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Reciprocity Program