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The Vendor has exclusively retained Marcus & Millichap REIS Canada Inc. to facilitate the sale of 854-880 Pandora Avenue, Victoria, B.C. (The “Subject Site”). The Subject Site represents a rare opportunity to acquire a 23,400 SF development site located in Downtown Victoria’s Residential-Mixed-Use District supporting high-density development. The Subject Site is exceptionally well-situated within Downtown Victoria's core, benefiting from excellent accessibility, and proximity to several notable existing, and future, high-rise developments, all of which are furthering the gentrification of the immediate neighbourhood.
Available Space23,400 ft²
Net Operating Income$Contact Agents
Property UseInvestment property
ZoningPandora Avenue Special Commercial District (CA-1)
854 PANDORA AVENUE
11,040 SF site improved with a two-storey retail/ office building currently occupied by Malatest & Associates Ltd. The building is comprised of approximately 10,932 square feet of above-grade retail/office product split over two floors. The balance of the site is improved with a 12 stall parking lot accessed from Mason Street.
880 PANDORA AVENUE
12,360 SF site improved with a two-storey retail and office building, comprised of approximately 5,000 square feet of ground-floor area, and 2,900 square feet of second floor office space. The balance of the site is improved with an 18 stall surface parking lot, which is rented on a month-to-month basis, and an additional 3 stalls at the rear of the building accessed from Mason Street, which are for the existing tenants use.