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405 Russell St
VW Victoria West Victoria V9A 3L1

$40 /sqft
Commercial Lease built: 2026

Main Photo: 405 Russell St in Victoria: VW Victoria West Retail for lease (Victoria West)  : MLS®# 1004549
Photo 1: 405 Russell St in Victoria: VW Victoria West Retail for lease (Victoria West)  : MLS®# 1004549
Photo 2: 405 Russell St in Victoria: VW Victoria West Retail for lease (Victoria West)  : MLS®# 1004549
Photo 3: 405 Russell St in Victoria: VW Victoria West Retail for lease (Victoria West)  : MLS®# 1004549
Photo 4: 405 Russell St in Victoria: VW Victoria West Retail for lease (Victoria West)  : MLS®# 1004549
Photo 5: 405 Russell St in Victoria: VW Victoria West Retail for lease (Victoria West)  : MLS®# 1004549
Photo 6: 405 Russell St in Victoria: VW Victoria West Retail for lease (Victoria West)  : MLS®# 1004549
Status:
For Lease
Prop. Type:
Commercial Lease
MLS® Num:
1004549
Year Built:
2026
Strategically located along Esquimalt Road, a major thoroughfare leading directly into Downtown Victoria, this retail opportunity offers exceptional visibility and accessibility in the heart of Vic West. Ellis is a new mixed-use project under development by Wexford Developments that will include 2 CRU's plus 85 residential units and 10 live-work units. Slated for completion in August 2026, we are actively looking for two commercial tenants to join this exciting new development. 405 Russell Street is 1321 SF (with the potential for a patio) and 484 Esquimalt Road is 1079 SF. Both units offer exceptional exposure along Esquimalt Road, abundant glazing and high ceilings. These two street-level commercial units at Ellis Victoria feature prominent street frontage and abundant natural light, making them ideal for retailers seeking a high-exposure location to attract foot and vehicle traffic.
Property Type:
Commercial Lease
Type:
Retail
Commercial Type:
Building
Year built:
2026 (Age: -)
Lease Type:
Absolute Net
Additional Rent Per SqFt:
20.0
Listing General Location:
VW Victoria West, Victoria West
Bathrooms:
- (Full:-/Half:-)
Total Building Area:
1,321 sq. ft.
Total Potential Area:
1,321 sq. ft.
Leasable Area:
1,321 sq. ft.
Commercial Area:
Core (excl Downtown)
Subdivisable Area:
No
Fireplace:
No
Main Level
Legal Description:
See listing agent
Zoning:
M2-E
Occupancy:
Vacant
Parking Features:
On Site
Date Listed:
Jun 24, 2025
Original Price:
40.0
  • Photo 1: 405 Russell St in Victoria: VW Victoria West Retail for lease (Victoria West)  : MLS®# 1004549
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  • Photo 2: 405 Russell St in Victoria: VW Victoria West Retail for lease (Victoria West)  : MLS®# 1004549
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  • Photo 3: 405 Russell St in Victoria: VW Victoria West Retail for lease (Victoria West)  : MLS®# 1004549
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  • Photo 4: 405 Russell St in Victoria: VW Victoria West Retail for lease (Victoria West)  : MLS®# 1004549
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  • Photo 5: 405 Russell St in Victoria: VW Victoria West Retail for lease (Victoria West)  : MLS®# 1004549
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  • Photo 6: 405 Russell St in Victoria: VW Victoria West Retail for lease (Victoria West)  : MLS®# 1004549
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Listed by Colliers
Data was last updated July 27, 2025 at 08:05 PM (UTC)
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.