990 Blanshard St, Victoria
Downtown · Business · MLS® 1046496 · Listed Aug 10, 2026
Karaoke bar for sale with a full commercial kitchen and great potential for a new concept. New low price: $148,000! Prime Downtown Restaurant Opportunity! Looking for a restaurant in a prime downtown location with affordable rent? This is it! This is ideally located in a high-traffic area, steps from the library and surrounded by office buildings, the Royal Theatre, and major tourist attractions. The location offers excellent exposure and customer traffic. Attractive Lease Terms: Only $4,000/month, including hydro, water, garbage, parking, and GST—a rare and competitive rent package for downtown. Includes one dedicated parking stall. The space is fully operational with excellent potential for growth and flexibility to continue the current concept or bring your own vision. A great opportunity for an owner-operator or investor looking to establish or expand in a sought-after downtown location. Please do not approach staff or the business owner regarding the sale.
| Property Type | Business |
| MLS® # | 1046496 |
| 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.
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Downtown single-family averages, updated daily. See Downtown market stats or Victoria market stats.
It is listed at $148,000.
990 Blanshard St, Victoria was originally listed at $248,000, then reduced to $148,000 (40.3% 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: Sep 24, 2026.
