990 Blanshard St, Victoria
Downtown · Business · MLS® 1046496 · Listed Aug 10, 2026
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 Type | Business |
| MLS® # | 1046496 |
| Brokerage | Pemberton Holmes Ltd. |
Similar properties sold within 6 months
Downtown single-family averages, updated daily. See Downtown market stats or Victoria market stats.
It is listed at $248,000.
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 10, 2026.