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1885 Fort St
Vi Jubilee Victoria V8R 1K1

$475,000
Commercial Sale

Main Photo: 1885 Fort St in Victoria: Vi Jubilee Business for sale : MLS®# 1052085
Photo 1: 1885 Fort St in Victoria: Vi Jubilee Business for sale : MLS®# 1052085
Photo 2: 1885 Fort St in Victoria: Vi Jubilee Business for sale : MLS®# 1052085
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1052085
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:
Existing Lease Expiry:
Listing General Location:
Vi Jubilee, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0 sq. ft.
Taxes:
Ceiling Heights:
Commercial Area:
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:
Parking Features:
On Site
Business Type:
Restaurant/Bar
Business Established Year:
5
Total Units:
Date Listed:
Oct 13, 2026
Original Price:
475000.0
  • Photo 1: 1885 Fort St in Victoria: Vi Jubilee Business for sale : MLS®# 1052085
    Photo 1 of 2
  • Photo 2: 1885 Fort St in Victoria: Vi Jubilee Business for sale : MLS®# 1052085
    Photo 2 of 2
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
Cell: 250-889-2218
Office: 250-479-3333