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1624-1628 Government St 1,789 SF of Retail Space Available in Victoria, BC V8W 1Z3
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,789 SF | 3-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
CBRE Victoria presents a rare opportunity to lease a high-profile corner retail space at 1628 Government Street, located in the heart of Victoria’s historic Chinatown. Positioned directly adjacent to the Gate of Harmonious Interest, this 1,789 SF unit offers unmatched visibility and cultural cachet in one of Canada’s most iconic urban districts.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Security System
- Corner unit in historic Chinatown.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 1624-1628 GOVERNMENT ST, VICTORIA, BC V8W 1Z3
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Pan Health Ctr LTD
- Health Care and Social Assistance
- 1
- -
- Quonley's Gifts & Grocery
- Supermarket
- 1
- -
- Silk Road Aromatherapy & Tea
- Services
- 1
- -
- Silk Road Tea
- -
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Pan Health Ctr LTD | Health Care and Social Assistance | 1 | - |
| Quonley's Gifts & Grocery | Supermarket | 1 | - |
| Silk Road Aromatherapy & Tea | Services | 1 | - |
| Silk Road Tea | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,789 SF | Gross Leasable Area | 14,949 SF |
| Property Type | Retail | Year Built | 1910 |
| Property Subtype | Storefront Retail/Office | Cross Streets | Fisgard St. |
| Total Space Available | 1,789 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 14,949 SF |
| Year Built | 1910 |
| Cross Streets | Fisgard St. |
ABOUT THE PROPERTY
The property benefits from year-round pedestrian and vehicle traffic, making it ideal for operators seeking strong exposure and consistent footfall. With prominent frontage on both Government and Fisgard Streets, the space offers excellent signage potential and a flexible layout suited to a variety of retail or food and beverage concepts. The surrounding area is home to a vibrant mix of long-standing establishments including Don Mee, Wah Lai Yuen Bakery + Restaurant, and Ocean Garden Restaurant, creating a dynamic co-tenancy environment that draws locals and tourists alike. Zoned OTD-1 (Old Town District), the site supports a wide range of retail uses and is steps from Fan Tan Alley, Market Square, and Centennial Square. The location boasts a Walk Score of 99, Transit Score of 76, and Bike Score of 96, underscoring its accessibility and appeal. This is a unique chance to establish a presence in a culturally rich and commercially active corridor with deep community roots and growing visitor traffic.
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
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1624-1628 Government St
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