HomeVictoriaDowntownHouses for Sale
$199,99916.7%
was $240,000 · reduced $40,001

504 Herald St, Victoria

504 Herald St, Victoria

Downtown · Business · MLS® 1034986 · Listed May 6, 2026

Overview

About This Property

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 Details

Features & Details

Property TypeBusiness
Lot FeaturesCorner Lot, Curb & Gutter
HeatingHot Water
ExteriorBrick
WaterMunicipal, To Lot
SewerSewer To Lot
ExtrasEquip/Machinery,Fixtures,Gas,Goodwill,Leasehold Improvements,Parking
MLS® #1034986
BrokeragePemberton Holmes Ltd.
Location

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History & Activity

Sold Comparables

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The local market right now

downtown · single-family
Seller’s market
$1,971,750
Median sold
0
Months of supply
99
Avg days to sell

Downtown single-family averages, updated daily. See Downtown market stats or Victoria market stats.

Questions about this property

How much is 504 Herald St, Victoria listed for?

It is listed at $199,999.

Did the price of 504 Herald St, Victoria change?

504 Herald St, Victoria was originally listed at $240,000, then reduced to $199,999 (16.7% reduction).

What is the Victoria real estate market like now?

Victoria is currently a seller's market: median sold price $1,971,750, 0 months of inventory, homes typically selling in about 99 days.

How much do houses cost in Downtown?

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.

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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 18, 2026.