504 Herald St, Victoria
Downtown · Business · MLS® 1034986 · Listed May 6, 2026
Established and profitable café located in a rapidly growing neighbourhood with a prime corner location and excellent foot traffic. This turnkey business generates strong positive cash flow and is ideal for an owner-operator or family-run operation. Features approximately 1,100 sq. ft. of interior space across two levels, offering 18 seats on the main floor and 25 seats upstairs, plus a 10-seat outdoor patio with the potential to expand to 20+ seats. Hosts Keycafe smart key locker, used by Airbnb hosts, provides a consistent flow of travellers visiting the café to pick up and return accommodation keys, creating additional customer opportunities. 5-year lease with additional 5-year renewal option. Come make it your DESTINED business. Please do not approach the owner or any staff members about the sale of the business.*
| Property Type | Business |
| Lot Features | Corner Lot, Curb & Gutter |
| Heating | Hot Water |
| Exterior | Brick |
| Water | Municipal, To Lot |
| Sewer | Sewer To Lot |
| Extras | Equip/Machinery,Fixtures,Gas,Goodwill,Leasehold Improvements,Parking |
| MLS® # | 1034986 |
| Brokerage | Pemberton Holmes Ltd. |
Sold prices and dates across Downtown. Board rules keep past sale prices and dates behind a sign-in.
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Sold prices and dates across Downtown. Board rules keep past sale prices and dates behind a sign-in.
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Similar properties sold within 6 months
sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
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sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
free account · one email · no obligation · already a member? log in
Downtown single-family averages, updated daily. See Downtown market stats or Victoria market stats.
It is listed at $199,999.
504 Herald St, Victoria was originally listed at $240,000, then reduced to $199,999 (16.7% reduction).
Victoria is currently a seller's market: median sold price $1,971,750, 3 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.
NOTE: 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. Data last updated: Oct 1, 2026.
