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.
Address
1 - 501 Pandora Ave
List Price
$5,300
Property Type
Commercial Lease
Type of Dwelling
Retail
Transaction Type
Sale
Area
Victoria
Sub-Area
Vi Downtown
Lot Size
1728 Sq. Ft.
Lot Size (Acres)
0.04 Ac.
Year Built
1913
MLS® Number
1003375
Listing Brokerage
Coldwell Banker Oceanside Real Estate
Postal Code
V8W 3J6
Tax Amount
$19,524.00
Tax Year
2025