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1 501 Pandora Ave in Victoria: Vi Downtown Retail for lease : MLS®# 1003375

1 501 Pandora Ave Victoria V8W 3J6 : Vi Downtown

Main Photo: 1 501 Pandora Ave in Victoria: Vi Downtown Retail for lease : MLS®# 1003375
$5,300 /mth
Prop. Type:
Commercial Lease
MLS® Num:
1003375
Status:
For Lease
Year Built:
1913
Cancelled: 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.
Property Type:
Commercial Lease
Type:
Retail
Commercial Type:
Building, Business
Year built:
1913 (Age: 113)
Lease Type:
Sub-Lease
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
Switch units of measure1,728 sq. ft.
Taxes:
Building Name:
Station Hotel
Building Features:
Basement
Number of Storeys:
4
Ceiling Heights:
Switch units of measure
Total Building Area:
Switch units of measure1,728 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Corner of Pandora and Warf across from Swans
Main Level
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:
Zoning:
OTD
Units in Building:
Units in Community:
Occupancy:
Tenant
Total Parking Spaces:
0
Business Name:
Peaches and Peppers Market
Business Type:
Grocery, Retail
Total Units:
Date Listed:
Jun 12, 2025
Original Price:
4100.0
Listed by Coldwell Banker Oceanside Real Estate
Data was last updated March 10, 2026 at 04:05 AM (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.