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$865,000

127 Rainbow Rd, Salt Spring

127 Rainbow Rd, Salt Spring

GI Salt Spring · Mixed Use · MLS® 1032849 · Listed Apr 27, 2026

8,276.4 sqft
Lot
Overview

About This Property

Great commercial location in heart of Ganges at the high visibility corner of Rainbow Road and Jackson Ave. The charming 1,957 sq ft, one storey building currently hosts a few local businesses including a felt artist studio and a massage & therapy business. Well maintained and bright and cheery, it’s an excellent investment property or new home for your thriving business!

Property Details

Features & Details

Property TypeMixed Use
Lot Size8,276.4 sqft (0.19 acres)
Lot FeaturesCentral Location, Easy Access, Level, Shopping Nearby
ExteriorFrame Wood, Wood
FoundationConcrete Perimeter
WaterMunicipal
SewerSewer Connected
Taxes$6,836.94 (2025)
MLS® #1032849
BrokerageMacdonald Realty Salt Spring Island
Location

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The local market right now

salt spring island · single-family
$1,050,000
Median Sold
7.4
Months of Supply
84
Avg Days to Sell
Buyer'S
Market

Salt Spring Island single-family averages, updated daily. See Salt Spring Island market stats or Salt Spring market stats.

Questions about this property

How much is 127 Rainbow Rd, Salt Spring listed for?

It is listed at $865,000.

How big is the lot at 127 Rainbow Rd, Salt Spring?

The lot is 8,276.4 sqft (0.19 acres).

What is the Salt Spring real estate market like now?

Salt Spring is currently a buyer's market: median sold price $1,050,000, 7.4 months of inventory, homes typically selling in about 84 days.

What other houses are for sale in Salt Spring Island?

There are 108 houses for sale in Salt Spring Island right now. Browse all Salt Spring Island houses for sale to see current listings, updated daily from the MLS® system.

How much do houses cost in Salt Spring Island?

The median house sold price in Salt Spring Island is $1,050,000, based on 251 sales over the past 12 months. The median price per square foot is $627. Compare asking prices across the houses currently for sale in Salt Spring Island.

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VREB · Victoria Real Estate Board

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 8, 2026.