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$248,000New

990 Blanshard St, Victoria

990 Blanshard St, Victoria

Downtown · Business · MLS® 1046496 · Listed Aug 10, 2026

Overview

About This Property

Prime Downtown Restaurant Opportunity! Looking for a restaurant in a prime downtown location with affordable rent? This is it! This well-established Asian restaurant and bar is ideally situated in a high-traffic area, just steps from the library, surrounded by office buildings, the Royal Theatre, and major tourist attractions. The location offers excellent exposure and consistent customer flow. Attractive Lease Terms: Only $4,000/month, including hydro, water, garbage, parking, and GST—a rare and highly competitive rent package for downtown. Includes one dedicated parking stall. The space is fully operational with great potential for growth and the flexibility to continue the current concept or introduce your own vision. This is an excellent opportunity for an owner-operator or investor looking to establish or expand in a vibrant, sought-after area. Please do not approach staff or the business owner regarding the sale.

Property Details

Features & Details

Property TypeBusiness
MLS® #1046496
BrokeragePemberton Holmes Ltd.
Location

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Property Insights

History & Activity

  • ListedMar 20, 2026MLS® 1029517$248,000
  • ListedAug 12, 2025MLS® 1010980$180,000
  • ListedOct 11, 2024MLS® 978477$250,000
  • ListedMay 8, 2024MLS® 963248$300,000
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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 990 Blanshard St, Victoria listed for?

It is listed at $248,000.

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 10, 2026.