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101 5325 Cordova Bay Rd
SE Cordova Bay Saanich V8Y 2L3

$695,000
Commercial Sale

Main Photo: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
Photo 1: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
Photo 2: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
Photo 3: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
Photo 4: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
Photo 5: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
Photo 6: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
Photo 7: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
Photo 8: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
Photo 9: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
Photo 10: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
Photo 11: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
Photo 12: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1024083
Rare opportunity to acquire a long-standing and highly profitable restaurant in one of Victoria’s most desirable seaside communities. Adrienne’s Restaurant, est. in 1957, is a beloved local institution located at the iconic Mattick’s Farm, drawing traffic from both locals and tourists. The business operates three complementary revenue streams under one roof: a full-service restaurant, a café/bakery, and an ice cream parlour. This diversified model has allowed the business to remain consistently profitable for years, providing great returns. The restaurant is fully licensed with seating for up to 86 guests, plus a 650 sq ft licensed patio. A full management team is in place, making this an ideal opportunity for an owner-operator or semi-absentee investor. The business benefits from excellent on-site parking and a prime location within a 5-acre retail destination anchored by Red Barn Market, Liquor Plus and numerous boutique retailers. Please do not approach staff or ownership directly.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Sale of Assets, Sale Of Shares
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
SE Cordova Bay, Saanich East
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0 sq. ft.
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
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:
Parking Features:
On Site
Business Type:
Restaurant/Bar
Total Units:
Date Listed:
Jan 23, 2026
Original Price:
695000.0
  • Photo 1: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
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  • Photo 2: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
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  • Photo 3: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
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  • Photo 4: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
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  • Photo 5: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
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  • Photo 6: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
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  • Photo 7: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
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  • Photo 8: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
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  • Photo 9: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
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  • Photo 10: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
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  • Photo 11: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
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  • Photo 12: 101 5325 Cordova Bay Rd in Saanich: SE Cordova Bay Business for sale (Saanich East)  : MLS®# 1024083
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Listed by Pemberton Holmes Ltd.
Data was last updated January 25, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$695,000
Min list price:
$75,000
Max list price:
$8,000,000
Avg days on market:
160
Min days on market:
2
Max days on market:
847
These statistics are generated based on the current listing's property type and located in Saanich East. 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.