546 Yates St, Victoria
Downtown · Retail · MLS® 1052494 · Listed Oct 16, 2026
546 Yates Street presents the opportunity to acquire a freehold three-storey retail and office investment or owner-occupier property comprised of ±23,740 sq ft of leasable area on a ±9,739 sq ft lot. Located in the historic Old Town district of downtown Victoria, the building sits on the 500 block of Yates Street, directly opposite the 360-stall Yates Street Parkade. The retail level offers ±8,419 sq ft across two long-term tenanted units, both with floor-to-ceiling street-front glazing and strong street-front retail exposure. The second (±7,716 sq ft) and third (±7,605 sq ft) floors are built out as professional office space, the second floor on a long-term lease with Foundry and the third floor currently available, giving a purchaser an owner-occupier opportunity alongside the building's existing in-place income.
| Property Type | Retail |
| Lot Size | 9,739 sqft (0.22 acres) |
| Year Built | 1975 |
| Taxes | $142,398.7 (2026) |
| MLS® # | 1052494 |
| Brokerage | JBW Commercial Inc. |
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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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.
free account · one email · no obligation · already a member? log in
Similar properties sold within 6 months
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.
free account · one email · no obligation · already a member? log in
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.
free account · one email · no obligation · already a member? log in
Downtown all property types averages, updated daily. See Downtown market stats or Victoria market stats.
It is listed at $7,500,000.
A Retail in Downtown, Victoria with built in 1975.
The lot is 9,739 sqft (0.22 acres).
Victoria is currently a buyer's market: median sold price $510,500, 6.2 months of inventory, homes typically selling in about 50 days.
There are 164 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.
The median commercial propertie sold price in Downtown is $510,500, 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.
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 17, 2026.
