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1706 Government St
Vi Downtown Victoria V8W 1Z5

$349,999
Commercial Sale

Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1023910
Long established Asian restaurant located in Chinatown, proudly serving authentic Japanese cuisine to the community since 2006. Fully equipped commercial kitchen with a large commercial hood, and active liquor license. Excellent location with high foot traffic and strong visibility, especially during peak tourist seasons. The dining area features traditional tatami seating added privacy, sushi bar, and regular table-chair seatings. With a loyal customer base already in place, this restaurant offers great potential for further growth. Come make it your DESTINED restaurant. Please do not approach staff or owners regarding the sale of the business. *
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
1 sq. ft.
Taxes:
Electricity:
Yes
Ceiling Heights:
Commercial Area:
Water supply:
Municipal
Fireplace:
No
Pending Date:
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Units in Building:
Units in Community:
Utilities:
Electricity Connected, Natural Gas Connected
Total Parking Spaces:
0
Business Type:
Restaurant/Bar
Total Units:
Date Listed:
Jan 21, 2026
Original Price:
349999.0
Larger map options:
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Listed by Pemberton Holmes Ltd.
Data was last updated January 22, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
50
Avg list price:
$829,500
Min list price:
$45,000
Max list price:
$20,800,000
Avg days on market:
99
Min days on market:
1
Max days on market:
334
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.
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Tim Ayres
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.
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.