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552 Pandora Ave 2,061 SF of Retail Space Available in Victoria, BC V8W 1N7
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 556B | 2,061 SF | 3-10 Years | $20.38 CAD/SF/YR $1.70 CAD/SF/MO $42,003 CAD/YR $3,500 CAD/MO | Modified Gross |
1st Floor, Ste 556B
Positioned in the heart of Victoria’s historic Old Town District, 556B Pandora Avenue offers a rare opportunity to lease a character-rich retail space in one of the city’s most vibrant pedestrian corridors. This two-level unit features 2,061 square feet of open-plan space, including a mezzanine and a private washroom, making it ideal for boutique retail, experiential concepts, or creative service providers. This is a compelling opportunity for businesses seeking a high-visibility storefront in a culturally rich and commercially active district. The unit is available immediately at a competitive gross rent of $3,500/month.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Private Restrooms
- Private washroom.
- Mezzanine for creative options.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 552 PANDORA AVE, VICTORIA, BC V8W 1N7
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Cafe Bliss
- Retailer
- 1
- -
- Habit Coffee
- Coffee
- 2
- Local
- Ingrid Bergmann Coaching Intl
- Arts, Entertainment, and Recreation
- 1
- -
- Mole
- Retailer
- 1
- -
- Vortex
- Manufacturing
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Cafe Bliss | Retailer | 1 | - |
| Habit Coffee | Coffee | 2 | Local |
| Ingrid Bergmann Coaching Intl | Arts, Entertainment, and Recreation | 1 | - |
| Mole | Retailer | 1 | - |
| Vortex | Manufacturing | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,061 SF | Gross Leasable Area | 4,990 SF |
| Property Type | Retail | Year Built | 1901 |
| Property Subtype | Storefront |
| Total Space Available | 2,061 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,990 SF |
| Year Built | 1901 |
ABOUT THE PROPERTY
Surrounded by a dynamic mix of independent retailers and culinary destinations—including Dumpling Drop, Habit Coffee, Momi Noodle, and Varsha Indian Kitchen—the property benefits from consistent foot traffic and visibility. Located steps from Fan Tan Alley and Chinatown, it sits at the intersection of culture, commerce, and community, drawing locals and tourists alike. The flexible OTD-1 zoning supports a wide array of business uses, and the site is well-connected via public transit and bike routes. With a Walk Score of 99, Transit Score of 76, and Bike Score of 96, the location is a true urban hub. The surrounding area includes Market Square, Centennial Square, and McPherson Playhouse, further enhancing the appeal for destination-driven retail.
- Signage
NEARBY MAJOR RETAILERS
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552 Pandora Ave
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