For Lease: Historic Old Town Opportunity – Iconic Market Square Strata Unit
Step into the heart of Victoria’s original downtown with this beautifully preserved and versatile commercial strata unit, located in the iconic Market Square—a vibrant commercial hub where heritage brick buildings surround a large public courtyard, capturing the true essence of Old Town.
Property Highlights: Built in 1913, converted to strata in 1984
Zoned OTD-1 (Old Town District 1 - Site Specific)
Permitted uses include: retail, food & beverage service, brewpub, liquor store, financial services, studios, and more
Space Details: Total area: 1,728 sq. ft. , Main floor: 967 sq. ft. with nearly 13-ft ceilings, Basement: 761 sq. ft. with 8-ft ceilings. Three bathrooms (1 on main, 2 in basement) Previously operated as a restaurant. Existing hood vents, laundry hookups, and 600 AMP electrical service. Character-rich interior featuring original ceramic tile floors and wood paneling
This space offers a rare blend of old-world charm and modern functionality in one of Victoria’s most celebrated heritage districts.
Address
1 - 501 Pandora Ave
List Price
$4,100
Property Type
Commercial Lease
Type of Dwelling
Retail
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
