1028 Blanshard St, Victoria
Downtown · Business · MLS® 1038919 · Listed Jun 1, 2026
Excellent opportunity to acquire a beautifully finished, fully equipped cafe/restaurant space in a high-traffic location. The premises offer a bright and welcoming interior with overheight ceilings, skylights, and a full-height mezzanine that creates an additional dining area and character. The space currently accommodates approx 20 guests on the main level, with seating for an additional 15 guests on the mezzanine. The layout is well-suited to a wide range of food concepts, particularly prepared food, café, bakery, dessert, or oven-finished menu offerings.The kitchen is not commercially vented, but is efficiently set up and in great condition for an operator seeking a lower-cost, turn-key entry into the market. A Liquor Licence is in place and the current lease runs until 2029 at approximately $5k per month. This is a rare chance to step into a well-built, inviting restaurant space with strong street exposure and significant existing improvements.
| Property Type | Business |
| Parking | 1 space |
| MLS® # | 1038919 |
| Brokerage | Pemberton Holmes Ltd. |
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Downtown single-family averages, updated daily. See Downtown market stats or Victoria market stats.
It is listed at $59,000.
It has 1 parking space.
1028 Blanshard St, Victoria was originally listed at $88,000, then reduced to $59,000 (33.0% reduction).
Victoria is currently a seller's market: median sold price $1,971,750, 0 months of inventory, homes typically selling in about 99 days.
The median house sold price in Downtown is $1,971,750, based on 2 sales over the past 12 months. The median price per square foot is $559. Compare asking prices across the houses currently for sale in Downtown.
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 19, 2026.