470 Bay St

About this home

Maximize your business visibility with this exceptional commercial lease opportunity at 470 Bay Street. Situated in the highly sought-after and professionally managed Bay Bridge Industrial Park, this versatile 2,189 sq. ft. unit offers prime street-front exposure to a high volume of daily traffic on Bay Street. The property features flexible M-3 zoning, unlocking a wide array of permitted industrial and commercial uses. The 1,581 sq. ft. main level features a bright front office/retail space perfect for welcoming clients, which transitions seamlessly into a large, functional warehouse space equipped with an overhead door. Expand your operational footprint with the 608 sq. ft. upper-level mezzanine, ideal for extra storage or administrative workspace. Complete with two dedicated parking spaces and plenty of customer parking, this layout is perfectly suited for retail showroom, light industrial, e-commerce, or wholesale operations. (id:65179)

Property details

From the listing's public record.

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

1. Jul 12, 2026

   —

   Active15 days on marketMLS 1043029

Current market in Victoria

Balanced market — 4.2 months of supply at the current sales pace.

Assessment

From publicly available property records.

Local price trend

How Downtown has moved over the last decade.

• 2624 Forbes St

  $1,190,000

  4 bd · 3 ba · 2,351 sqft · $506/sqft · 57 days on market

  Sold Jul 21, 2026 · 95.2% of list

• 1742 Albert Ave

  $976,000

  3 bd · 1 ba · 1,992 sqft · $490/sqft · 8 days on market

  Sold Jul 20, 2026 · 102.8% of list

• 1213 Finlayson St

  $799,990

  2 bd · 1 ba · 1,111 sqft · $720/sqft · 18 days on market

  Sold Jul 20, 2026 · 100% of list

• 3160 Stevenson Pl

  $885,000

  4 bd · 2 ba · 2,303 sqft · $384/sqft · 84 days on market

  Sold Jul 16, 2026 · 98.4% of list

• 3090 Balfour Ave

  $1,060,000

  4 bd · 2 ba · 2,759 sqft · $384/sqft · 27 days on market

  Sold Jul 15, 2026 · 96.4% of list

• 338 Foul Bay Rd

  $1,925,100

  4 bd · 4 ba · 2,519 sqft · $764/sqft · 7 days on market

  Sold Jul 15, 2026 · 101.4% of list

• 2522 Vancouver St

  $785,000

  2 bd · 1 ba · 2,120 sqft · $370/sqft · 17 days on market

  Sold Jul 14, 2026 · 98.2% of list

• 1701 Stanley Ave

  $859,000

  2 bd · 1 ba · 2,007 sqft · $428/sqft · 48 days on market

  Sold Jul 14, 2026 · 95.5% of list

• 525 Simcoe St

  $1,635,000

  6 bd · 3 ba · 3,034 sqft · $539/sqft · 12 days on market

  Sold Jul 14, 2026 · 102.3% of list

• 1519 Pearl St

  $974,900

  4 bd · 2 ba · 1,779 sqft · $548/sqft · 12 days on market

  Sold Jul 14, 2026 · 97.5% of list

• 522 Su'it St

  $1,275,000

  2 bd · 1 ba · 3,408 sqft · $374/sqft · 25 days on market

  Sold Jul 8, 2026 · 94.5% of list

• 310 Windermere Pl

  $1,800,000

  5 bd · 4 ba · 2,913 sqft · $618/sqft · 57 days on market

  Sold Jul 8, 2026 · 94.7% of list

More on this listing