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Main Photo: 648 Yates St in Victoria: Vi Downtown Business for sale : MLS®# 1040943
Photo 1: 648 Yates St in Victoria: Vi Downtown Business for sale : MLS®# 1040943
Photo 2: 648 Yates St in Victoria: Vi Downtown Business for sale : MLS®# 1040943
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1040943
Well-established Karaoke Business for Sale! Fantastic opportunity to own a popular karaoke entertainment venue in a high-traffic location. This turnkey business features private karaoke rooms, quality sound systems, a modern song selection system, and a loyal customer base. Spacious layout with attractive lease terms and ample parking nearby. Ideal for an owner-operator or investor looking to enter the entertainment and hospitality industry. Training can be provided by the seller to ensure a smooth transition. Financial information available to qualified buyers upon signing a Confidentiality Agreement (NDA). Please do not approach staff or owner directly.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Downtown, 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:
Business Type:
Service, Other
Total Units:
Date Listed:
Jun 17, 2026
Original Price:
120000.0
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Listed by Pemberton Holmes Ltd.
Data was last updated June 21, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
59
Avg list price:
$499,999
Min list price:
$30,000
Max list price:
$8,500,000
Avg days on market:
97
Min days on market:
4
Max days on market:
484
These statistics are generated based on the current listing's property type and located in Vi Downtown. Average values are derived using median calculations. This data is not produced by the MLS® system.
Jerome Peacock
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.