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Active
501 Pandora Ave #1 Victoria, BC V8W 3J6
1,742 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Rent
MLS Listing ID 1003375
Year Built 1913
Annual Tax Amount $19,524
Tax Year 2025
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Retail
Property Description
The Opportunity: Located at 501 Pandora Avenue, this site sits at a high-traffic gateway between the Inner Harbor and the downtown core. The OTD zoning supports a diverse range of creative ,retail and office uses, perfectly suited for the area's high pedestrian count and historic charm.
The Sublease Advantage: Substantially reduced to $5300 gross per month + gst and utilities for the remaining 23 month sublet term providing a massive short-term occupancy benefit before an optional 5-year lease renewal.
Bonus Space: Includes a windowless two-bedroom lower-level suite suitable for storage, office, or production use.
Note: Upon renewal, base rent returns to market (approx. $4,200/month + NNN).
Possession is immediate. Feel free to stop by for a walkthrough—the shop is open most days from 12 pm to 7 pm. Sub tenant to confirm the intended use with the City of Victoria.
The Sublease Advantage: Substantially reduced to $5300 gross per month + gst and utilities for the remaining 23 month sublet term providing a massive short-term occupancy benefit before an optional 5-year lease renewal.
Bonus Space: Includes a windowless two-bedroom lower-level suite suitable for storage, office, or production use.
Note: Upon renewal, base rent returns to market (approx. $4,200/month + NNN).
Possession is immediate. Feel free to stop by for a walkthrough—the shop is open most days from 12 pm to 7 pm. Sub tenant to confirm the intended use with the City of Victoria.
Location
Province BC
County Capital Regional District
Area Vi Downtown
Zoning OTD
Direction Corner of Pandora and Warf across from Swans
Others
Pets Allowed Yes
Restrictions None
Tax ID 008-320-187
Ownership Freehold/Strata
Acceptable Financing Assume With Qualifications, Option To Renew
Listing Terms Assume With Qualifications, Option To Renew
Listed by Coldwell Banker Oceanside Real Estate