504 Herald St, Victoria
Established and profitable café located in a rapidly growing neighbourhood with a prime corner location and excellent foot traffic. This turnkey business generates strong positive cash flow and is ideal for an owner-operator or family-run operation. Features approximately 1,100 sq. ft. of interior space across two levels, offering 18 seats on the main floor and 25 seats upstairs, plus a 10-seat outdoor patio with the potential to expand to 20+ seats. Hosts Keycafe smart key locker, used by Airbnb hosts, provides a consistent flow of travellers visiting the café to pick up and return accommodation keys, creating additional customer opportunities. 5-year lease with additional 5-year renewal option. Come make it your DESTINED business. Please do not approach the owner or any staff members about the sale of the business.* (id:1945)
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Property details for 504 Herald St, Victoria
- Type
- Commercial
- Heating
- Hot Water
- Ownership
- Freehold
Nearby Listings Stat
Estimated price and comparable properties near 504 Herald St
Active Listings
480
Min Price
$30,000
Max Price
$5,975,000
Avg Price
$855,946
Days on Market
74
days
Sold Listings
142
Min Sold Price
$135,000
Max Sold Price
$2,725,000
Avg Sold Price
$806,375
Days until Sold
85
days
Neighbourhood Census Data
Victoria, British Columbia / Colombie-Britannique
Population
1,039
Median Age
36.4
Median Income
$26,688
Dwelling Value
$340,078
Housing Tenure
Owners 26%
Renters 74%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.5
Pop. Density: 2,824.9/km²
Avg Shelter Cost: $1,508/mo
Owners with Mortgage: 84.4%
Owners Spending 30%+: 41.9%
Tenants Spending 30%+: 55.4%
English only: 85.3%
English and French: 14.7%
Neither: 1%
Median Household Income: $42,880
Median Employment Income: $27,968
Price History
Listed
May 6, 2026
by Pemberton Holmes Ltd.
Current Price
$199,999
-16.7% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $199,999 | $40,001 (-16.7%) |
| Aug 13, 2026 | $240,000 | Listed |
