HomeVictoriaDowntownDowntown Commercial for Sale
$120,000

648 Yates St, Victoria

648 Yates St, Victoria

Downtown · Business · MLS® 1040943 · Listed Jun 17, 2026

Overview

About This Property

Well-established Karaoke Business for Sale! Fantastic opportunity to own a popular karaoke entertainment venue in a high-traffic location. This turnkey business features private karaoke rooms, quality sound systems, a modern song selection system, and a loyal customer base. Spacious layout with attractive lease terms and ample parking nearby. Ideal for an owner-operator or investor looking to enter the entertainment and hospitality industry. Training can be provided by the seller to ensure a smooth transition. Financial information available to qualified buyers upon signing a Confidentiality Agreement (NDA). Please do not approach staff or owner directly.

Property Details

Features & Details

Property TypeBusiness
Taxes$1 (2026)
MLS® #1040943
BrokeragePemberton Holmes Ltd.
Location

Map

Neighbourhood

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MLS® Record

Listing History & Activity

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area sold data

What are homes in Downtown selling for?

303 homes sold in Downtown in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.

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Sold Comparables

Recently Sold Nearby

Similar properties sold within 6 months

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* bd · * ba · **** sqft
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*** *********, Victoria
* bd · * ba · **** sqft
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*** *********, Victoria
* bd · * ba · **** sqft
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*** *********, Victoria
* bd · * ba · **** sqft
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*** *********, Victoria
* bd · * ba · **** sqft
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*** *********, Victoria
* bd · * ba · **** sqft
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sold comparables

See what comparable homes near 648 Yates St, Victoria actually sold for.

303 sales in Downtown in the last 12 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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The local market right now

downtown · all property types
Buyer’s market
$510,000
Median sold
6.5
Months of supply
50
Avg days to sell

Downtown all property types averages, updated daily. See Downtown market stats or Victoria market stats.

Questions about this property

How much is 648 Yates St, Victoria listed for?

It is listed at $120,000.

What is the Victoria real estate market like now?

Victoria is currently a buyer's market: median sold price $510,000, 6.5 months of inventory, homes typically selling in about 50 days.

What other commercial properties are for sale in Downtown?

There are 170 commercial properties for sale in Downtown right now. Browse all Downtown commercial properties for sale to see current listings, updated daily from the MLS® system.

How much do commercial properties cost in Downtown?

The median commercial propertie sold price in Downtown is $510,000, based on 303 sales over the past 12 months. The median price per square foot is $745. Compare asking prices across the commercial properties currently for sale in Downtown.

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VREB · Victoria Real Estate Board

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 16, 2026.