851 Cormorant St - Office FOR SALE


Victoria, BC V8W 1R2
$999,000 CAD
250-891-3025
851 Cormorant St, Victoria, BC for Sale
$999,000 CAD
Office - FOR SALE
1/2
null | Request Cap Rate

851 Cormorant St
Victoria, BC V8W 1R2


HIGHLIGHTS

  • Call to show.
  • Redevelopment opportunity.

OVERVIEW

Well-located single-storey commercial building offering approximately 1,000 sq. ft. of flexible space suitable for office, medical, wellness, or service-based uses. High-visibility location with convenient access to Quadra, Pandora, and Blanshard Streets. The property is currently vacant, allowing for immediate occupancy or tenant improvements. In addition to owner-occupier potential, the property is designated for higher density under the Official Community Plan (4.5:1 FSR), providing future redevelopment or land assembly opportunity. Purchasers are advised to verify all redevelopment potential with the City of Victoria. 851 Cormorant Street is centrally located in Victoria, British Columbia, within the North Park / downtown area. The property sits just north of Victoria’s core, offering excellent proximity to the city’s main commercial, cultural, and civic destinations. It benefits from a highly visible position with easy access to major thoroughfares including Quadra Street, Pandora Avenue, and Blanshard Street, making it convenient for both vehicle and pedestrian traffic. The surrounding neighborhood is a vibrant mix of professional offices, wellness and medical services, residential buildings, and local amenities. Downtown Victoria’s shops, cafés, restaurants, and services are only a short walk away, while nearby areas such as Chinatown, Market Square, and City Hall further enhance the urban appeal. The location offers excellent walkability and strong transit connectivity, making it well suited for commercial, office, or service-oriented uses that benefit from central-city exposure.

FOR SALE DETAILS

PRICE

$999,000 CAD

PRICE/SF

$999 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,400 SF

ZONING

-

APN/PARCEL ID

005-771-391

ASK ABOUT THIS PROPERTY

Alan PrattenJones Co Real Estate Inc.More Info
250-891-3025

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Alan PrattenJones Co Real Estate Inc.More Info
250-891-3025

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.