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851 Cormorant St
Vi Downtown Victoria V8W 1R2

$999,000 /year
Commercial Sale

View of commercial location
Photo 1: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1026401
Photo 2: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1026401
Photo 3: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1026401
Photo 4: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1026401
Photo 5: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1026401
Photo 6: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1026401
Photo 7: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1026401
Photo 8: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1026401
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1026401
Well-located single-storey commercial building offering approximately 1,000 sq. ft. of flexible space suitable for office, medical, wellness, or service-based uses. High-visibility location with convenient access to Quadra, Pandora, and Blanshard Streets. The property is currently vacant, allowing for immediate occupancy or tenant improvements. In addition to owner-occupier potential, the property is designated for higher density under the Official Community Plan (4.5:1 FSR), providing future redevelopment or land assembly opportunity. Purchasers are advised to verify all redevelopment potential with the City of Victoria.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
2,400 sq. ft.
Taxes:
$11,537.12 / 2025
Building Features:
Fire Alarm, Handicap Facilities, Kitchen/Staff Room, Parking, Security System, Visual Exposure
Construction:
Block, Brick, Insulation All
Foundation:
Slab
Electricity:
Yes
Floor finish:
Hardwood, Laminate
Total Building Area:
1,000 sq. ft.
Commercial Area:
Downtown
Cooling:
HVAC
Heating:
Oil
Fireplace:
No
Real Estate
Equip/Machinery, Franchise, Good Will, Inventory, Supplies, Trade Name(s)
Display Window, Fenced, Garden, Low Maintenance Yard, Security System, Sign: Allowed, Storefront, Wheelchair Access
Between Quadra and Blanshard
Main Level
0
Yes
No
Unrestricted
Assessed:
597900.0
Assessment year:
2026
Jurisdiction name:
City of Victoria
Legal Description:
LOT E, SUBURBAN LOT 5, VICTORIA LAND DISTRICT, (DD 28046I)
Utilities:
Cable Connected, Compost, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected, Recycling
Parking Features:
On Site
Total Units:
1
Date Listed:
Feb 19, 2026
Original Price:
999000.0
  • Photo 1: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1026401
    View of commercial location
  • Photo 2: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1026401
    View of commercial location
  • Photo 3: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1026401
    Photo 3 of 8
  • Photo 4: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1026401
    Photo 4 of 8
  • Photo 5: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1026401
    View of room layout
  • Photo 6: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1026401
    Gate featuring a patio
  • Photo 7: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1026401
    Aerial view
  • Photo 8: 851 Cormorant St in Victoria: Vi Downtown Mixed Use for sale : MLS®# 1026401
    View of commercial property
Listed by Jonesco Real Estate Inc
Data was last updated February 20, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
48
Avg list price:
$773,000
Min list price:
$45,000
Max list price:
$20,800,000
Avg days on market:
111
Min days on market:
1
Max days on market:
363
These statistics are generated based on the current listing's property type and located in Vi Downtown. Average values are derived using median calculations. This data is not produced by the MLS® system.
ALAN PRATTEN

My Listings

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.