1 501 Pandora Ave
Vi Downtown Victoria V8W 3J6

$5,300 /mth
Commercial Lease built: 1913

Main Photo: 1 501 Pandora Ave in Victoria: Vi Downtown Retail for lease : MLS®# 1003375
Photo 1: 1 501 Pandora Ave in Victoria: Vi Downtown Retail for lease : MLS®# 1003375
Photo 2: 1 501 Pandora Ave in Victoria: Vi Downtown Retail for lease : MLS®# 1003375
Photo 3: 1 501 Pandora Ave in Victoria: Vi Downtown Retail for lease : MLS®# 1003375
Photo 4: 1 501 Pandora Ave in Victoria: Vi Downtown Retail for lease : MLS®# 1003375
Photo 5: 1 501 Pandora Ave in Victoria: Vi Downtown Retail for lease : MLS®# 1003375
Status:
For Lease
Prop. Type:
Commercial Lease
MLS® Num:
1003375
Year Built:
1913
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.
Property Type:
Commercial Lease
Type:
Retail
Commercial Type:
Building, Business
Year built:
1913 (Age: 113)
Lease Type:
Sub-Lease
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
1,728 sq. ft.
Building Name:
Station Hotel
Building Features:
Basement
Number of Storeys:
4
Total Building Area:
1,728 sq. ft.
Fireplace:
No
Corner of Pandora and Warf across from Swans
Main Level
Jurisdiction name:
City of Victoria
Zoning:
OTD
Occupancy:
Tenant
Total Parking Spaces:
0
Business Name:
Peaches and Peppers Market
Business Type:
Grocery, Retail
Date Listed:
Jun 12, 2025
Original Price:
4100.0
  • Photo 1: 1 501 Pandora Ave in Victoria: Vi Downtown Retail for lease : MLS®# 1003375
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  • Photo 2: 1 501 Pandora Ave in Victoria: Vi Downtown Retail for lease : MLS®# 1003375
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  • Photo 3: 1 501 Pandora Ave in Victoria: Vi Downtown Retail for lease : MLS®# 1003375
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  • Photo 4: 1 501 Pandora Ave in Victoria: Vi Downtown Retail for lease : MLS®# 1003375
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  • Photo 5: 1 501 Pandora Ave in Victoria: Vi Downtown Retail for lease : MLS®# 1003375
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Listed by Coldwell Banker Oceanside Real Estate
Data was last updated January 13, 2026 at 10:05 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.