504 Herald St

504 Herald St · Victoria · Business · $240,000 · MLS 1034986

Victoria, British Columbia
C$240,000
For sale
504 Herald St

504 Herald St is located in Victoria. Property snapshot: Business, listed at $240,000, MLS 1034986. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 62. Latest recorded list price 240000.00.

List Price: $240,000
MLS: 1034986
Days on Site: 62
Price History: Latest recorded list price 240000.00

Local Decision Guide

How should buyers evaluate 504 Herald St?

Start by reading this listing in its Victoria context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 504 Herald St?

This page shows a list price of $240,000 with MLS 1034986.

What type of home is this Victoria listing?

The page shows Business at 504 Herald St. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 62 days on market/site. Latest recorded list price 240000.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

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:56153)

Property Details

Business
Building Type
-
Bedrooms
-
Bathrooms

Transaction: For sale

Status: active

Listing ID: 29711768 (1034986)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$240,000

PID: 004-938-500

Days on Site: 62 days

Added to BurnabyHouse: 2026-05-06

Updated on: 2026-06-30 11:02 AM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
No Frills
About 387.8 m away
770 Fisgard Street, Victoria
Bulk Barn
About 560 m away
706 Yates Street
Shopping Centres
The Bay Centre
About 600.2 m away
The Bay Centre
About 600.2 m away
1150 Douglas Street

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Tue, 30 Jun 2026 10:31:19 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Pemberton Holmes Ltd.

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