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- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1052085
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Excellent Opportunity to Own an established Pizza Franchise in Victoria! Opened in 2022, this Papa Johns Pizza location is conveniently situated near Royal Jubilee Hospital, serving the surrounding Jubilee, Fernwood, Oak Bay and neighbouring residential communities. The business features a relatively modern store build-out, with over four years remaining on the current lease and two additional five-year renewal options. A proposed residential rental development next door may further enhance the area’s customer potential in the future. An attractive opportunity for a hands-on owner-operator looking to take over an established location under a well-recognized international pizza brand, with opportunities to further grow delivery and catering sales.
- Property Type:
- Commercial Sale
- Type:
- Business
- Commercial Type:
- Business
- Lease Type:
- Sale of Assets
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Vi Jubilee, Victoria
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0 sq. ft.0 m2
- Taxes:
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- Pending Date:
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- Main Level
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Jurisdiction name:
- City of Victoria
- Legal Description:
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- Parking Features:
- On Site
- Date Listed:
- Oct 13, 2026
- Original Price:
- 475000.0
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Listed by Sutton Group West Coast Realty
Data was last updated October 13, 2026 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 125
- Avg list price:
- $852,800
- Min list price:
- $30,000
- Max list price:
- $8,900,000
- Avg days on market:
- 91
- Min days on market:
- 4
- Max days on market:
- 597
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- MIKKO IKONEN
- SUTTON GROUP WEST COAST REALTY
- (250) 889-2218
- mikko@sutton.com
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.
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1 Briar Pl
$1,999,900
MLS®#: 1050721
Bedrooms: 7
Bathrooms: 5.0
Floor Area: 4,084 sq. ft.
Sutton Group West Coast Realty


