#101 – 5325 Cordova Bay Rd, Saanich
SE Cordova Bay · Business · MLS® 1024083 · Listed Jan 23, 2026
Rare opportunity to acquire a long-standing and highly profitable restaurant in one of Victoria’s most desirable seaside communities. Adrienne’s Restaurant, est. in 1957, is a beloved local institution located at the iconic Mattick’s Farm, drawing traffic from both locals and tourists. The business operates three complementary revenue streams under one roof: a full-service restaurant, a café/bakery, and an ice cream parlour. This diversified model has allowed the business to remain consistently profitable for years, providing great returns. The restaurant is fully licensed with seating for up to 86 guests, plus a 650 sq ft licensed patio. A full management team is in place, making this an ideal opportunity for an owner-operator or semi-absentee investor. The business benefits from excellent on-site parking and a prime location within a 5-acre retail destination anchored by Red Barn Market, Liquor Plus and numerous boutique retailers. Please do not approach staff or ownership directly.
| Property Type | Business |
| MLS® # | 1024083 |
| Brokerage | Pemberton Holmes Ltd. |
Similar properties sold within 6 months
Cordova Bay single-family averages, updated daily. See Cordova Bay market stats or Saanich market stats.
The listing is currently off market (expired); the last asking price was $695,000.
Saanich is currently a balanced market: median sold price $1,590,000, 5.1 months of inventory, homes typically selling in about 43 days.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Aug 2, 2026.
