The Port City is bustling & growing! Situated on 1.176 acres, gentle sloping sunny lot, The Ridge Hotel and Suites is ~16,000 sf with recent extensive renos inside & out completed in 2019. 37 rooms, 2 are 3-bdrm full-service suites with laundry. 35 rooms reno’d to include kitchenettes, upgraded bathrooms, and furniture. Wide hallways, & each level has supply closet for easy cleaning, linens & bedding storage. On-site laundry facilities for guests, & industrial sized machines available if not using local laundry cleaning service. Restaurant seating capacity for ~40 persons with renovated kitchen and newer appliances. Rock now replaces the muskeg allowing for plenty of parking for all sized vehicles. 3-phase power and a BC Hydro Transformer on property if more power required. Expansion of accommodation (increased harbour views) potential with city approvals. Ever increasing revenues. Share sale preferred. Turnkey business. Connect with your favourite Realtor® to request more info.More details
Incredible Investment Opportunity!
Discover an unparalleled investment opportunity in a prime location that promises exceptional returns. This property is a shining gem with a fully leased building featuring robust long-term leases with an advantageous 6% escalation clause. Its design has been carefully crafted for effortless maintenance, making it an investor's dream.
Yet, the true allure of this property lies in its potential for future development. With thoughtful demarcation that considers essential setbacks for future development endeavours, it's a canvas ready for transformation. We are well-equipped to provide you with comprehensive information, valuable insights, and expert guidance to unlock the immense potential concealed within this property.
Don't miss out on securing a savvy investment that guarantees stability and the promise of future growth. Seize this extraordinary opportunity today!More details
This well-located property sits on Shelbourne Street, with great tenant in place, just minutes from UVic and steps from Home Depot, making it an ideal location for long-term investment. The property sits in a high-density area, surrounded by significant residential and mixed-use developments -over 700 new residential units planned or under construction nearby -this area is rapidly developing and becoming a major urban hub. With high exposure, ample foot traffic, and strong future potential, this is a rare opportunity to secure a valuable asset in one of Victoria’s most active redevelopment zones. Come make it your DESTINED business! Do not approach staff or business owner regarding the sale of the business.*More details
A great opportunity to acquire three industrial strata units at 2061 Malaview Ave W. At our new pricing, the property achieves a 5% Cap. These three units represent 50% of the total units in the complex and a 66% interest in the entire strata property. The three units are well cared for and fully leased to long-term tenants. The entire strata property sits on nearly 30,000 sq ft of land in the West Side Industrial Area, which provides easy access to BC Ferries, the International Airport, Sidney and Victoria. The units have approximately 10,685 sq ft of interior space and 30 combined designated parking spaces for the three units, and the complex is easily accessible via Malaview Ave W. and a rear laneway. Each unit has grade-level Bay doors (12ft & 14ft) and full-height mezzanines, allowing the spaces to accommodate a wide variety of businesses under the M1 zoning. The Leases are all leased under market and the property has a significant upside on renewals. The property is easy to view.More details
Pemberton Holmes is pleased to present this outstanding Industrial property, which has a build quality that is unparalleled in today’s market.Built in 2022 and combining 4 strata units, this approx 8400 sq ft unit offers a great mix of both warehouse/production space and 2nd level office. With approx 19 ft ceiling height, 2 grade-level bay doors and a wide open space, the unit can accommodate a wide variety of businesses. The office was built to incredible standards and offers a mix of private offices, work stations and a board room. The office space has custom woodwork throughout and a great tech package for connectivity. This coupled with 19 designated parking stalls and ultra-low strata fees in a near-new business park, provides the next owner with unbelievable value in today’s industrial market. At our listing price, we are well under the replacement value for a property of this size & build quality. Viewing the property in person is a must to fully appreciate the design and build.More details
Commercial property in a prime location of downtown Victoria. Net leasable area of 2252 sqft. Currently tenanted by two restaurants. Do not approach staff or business owner regarding the sale of the property.*More details
Whether you are an entrepreneur or company looking to house employees while conducting business in Prince Rupert, 1st Ave Executive Suites is an investment you will want to check out. The building was fully renovated in 2016; all 12 suites include kitchenettes, in-suite laundry, some with 'loft’ bedroom, some with harbour view. All suites are fully furnished with beds, sofas or recliners or rockers, table/chairs, washer/dryers, some kitchen appliances, dishes, cutlery, and photo work/pictures throughout by Lonnie Wishart Photography. Centrally located close to downtown Prince Rupert. Currently, 8 of the units are under lease until January 2025. Since opening for business in 2016, occupancy rate has been high as this business is reputed for providing care and attention to details that make guests feel like they are ‘home’. Connect with your favourite realtor to obtain financial details.More details
Fantastic Fairfield investment property! This purpose built, art deco apartment building is comprised of six spacious one-bedroom suites, three storage / garage units, three parking spaces, bike storage and coin laundry. All six sunny suites have been treated to flooring, paint, appliance and bathroom updates, plus window replacement. With lots of windows, coved ceilings and other original features, the building exudes abundant charm. All suites are rented month to month, and storage units are on three separate leases as well, with one expected to become vacant for May 1st. Well maintained and easy to care for, with great tenants, this apartment block is an excellent opportunity to own in a desirable Victoria location, close to all amenities, transit and the beach! Netting over $92K / year with lots of upgrades complete, this is a solid investment in a forever sought after location. Have your agent get in touch for more details.More details
A rare opportunity to acquire a commercial property in North Saanich. This mixed-use property has direct highway access and provides great signage opportunities. The building has approx. 2300 sq ft of useable space which includes a renovated ground floor commercial unit that benefits from a fully built-out kitchen with 2 washrooms with showers as well a self-contained 2 bed residential suite. The property has ample grade-level parking with 7 spaces and the ability to use the lot to the side of the building for overflow parking allowing for several more spaces and large vehicles.The building has seen significant upgrades over the last 5 years including new windows,new roof, extensively updated interior with new bathrooms and kitchens throughout. With over 8600 sq ft of land, the property boasts future development potential and could become part of a large land consolidation. The commercial space will be provided vacant on possession and the residential unit has a month-to month tenancy.More details
Ready-to-Build 17-Unit Townhouse Development Site! Zoned RM2 Zoned for Townhouses or Condos. This 0.70-acre property comes complete with plans for a 17-unit townhouse project—perfect for builders and investors looking for a shovel-ready opportunity. BONUS: The District of Sooke is currently updating its Official Community Plan (OCP) for 2025 to align with new provincial housing legislation, with proposed zoning changes supporting increased density. Based on a potential density of 70 units per hectare, this site could support up to 20 units, offering excellent future upside. A rare and strategic opportunity in a growing community—act now!More details
This is an opportunity to acquire a well located multi-family investment property. Two of the suites are intentionally vacant with the intent to offer any prospective buyer flexibility. Located between Admiral's Walk and Esquimalt Road. The offering provides investors with proven income security in a well located building with updated suites. Four large two bedroom suites with double paned windows. All suites individually metered, tenants pay their own light and hot water. Owner pays for heat. Six on-site parking spaces.More details
Building & Land all inclusive. Excellent Exposure in a Thriving Growth Corridor. Positioned just off the main strip, this 0.6-acre land offers exceptional frontage and accessibility in one of Parksville's fastest-growing areas. Located minutes from downtown and major commuter routes, the site combines high visibility with convenience. A solid investment with a reliable, long-term tenant in place. Come make it your DESTINED property. DO NOT approach staff or business owner regarding the sell of the building & land. *More details