990 Blanshard St
Vi Downtown Victoria V8W 2H3

$148,000
Commercial Sale

Bar with tile patterned floors
Photo 1: 990 Blanshard St in Victoria: Vi Downtown Business for sale : MLS®# 1029517
Photo 2: 990 Blanshard St in Victoria: Vi Downtown Business for sale : MLS®# 1029517
Photo 3: 990 Blanshard St in Victoria: Vi Downtown Business for sale : MLS®# 1029517
Photo 4: 990 Blanshard St in Victoria: Vi Downtown Business for sale : MLS®# 1029517
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1029517
Prime Downtown Restaurant Opportunity! Looking for a restaurant in a prime downtown location with affordable rent? This is it! This well-established Asian restaurant and bar is ideally situated in a high-traffic area, just steps from the library, surrounded by office buildings, the Royal Theatre, and major tourist attractions. The location offers excellent exposure and consistent customer flow. Attractive Lease Terms: Only $4,000/month, including hydro, water, garbage, parking, and GST—a rare and highly competitive rent package for downtown. Includes one dedicated parking stall. The space is fully operational with great potential for growth and the flexibility to continue the current concept or introduce your own vision. This is an excellent opportunity for an owner-operator or investor looking to establish or expand in a vibrant, sought-after area. Please do not approach staff or the business owner regarding the sale.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0 sq. ft.
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Units in Building:
Units in Community:
Business Type:
Restaurant/Bar
Total Units:
Date Listed:
Mar 20, 2026
Original Price:
148000.0
  • Photo 1: 990 Blanshard St in Victoria: Vi Downtown Business for sale : MLS®# 1029517
    Bar with tile patterned floors
  • Photo 2: 990 Blanshard St in Victoria: Vi Downtown Business for sale : MLS®# 1029517
    Corridor featuring brick wall
  • Photo 3: 990 Blanshard St in Victoria: Vi Downtown Business for sale : MLS®# 1029517
    Bar area featuring tile patterned flooring
  • Photo 4: 990 Blanshard St in Victoria: Vi Downtown Business for sale : MLS®# 1029517
    Bar featuring a paneled ceiling
Listed by Pemberton Holmes Ltd.
Data was last updated March 20, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
48
Avg list price:
$900,285
Min list price:
$45,000
Max list price:
$5,500,000
Avg days on market:
115
Min days on market:
4
Max days on market:
391
These statistics are generated based on the current listing's property type and located in Vi Downtown. Average values are derived using median calculations. This data is not produced by the MLS® system.
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.