BC > Victoria
Victoria, BC V8R 1A8,1522-1532 Pandora Ave
Victoria, BC V8R 1A8,1522-1532 Pandora Ave
Victoria, BC V8R 1A8,1522-1532 Pandora Ave
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Dallas King

Dallas King

+1(250) 858-5465
$2,950,000
Est. payment /mo
9,583 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 985151

Rental Info Unrestricted

Year Built 1914

Annual Tax Amount $48,523

Tax Year 2024

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Mixed Use

Property Description

1522-1532 Pandora Avenue is approximately 0.22 acres and is currently zoned C1-N – Neighbourhood Shopping District. The Property is located in Victoria, British Columbia, on the north side of Pandora Avenue at the junction of Oak Bay Avenue and Fort Street. The property has been improved with 17 multi-residential units and four (4) ground-floor commercial units. The Property is being offered on an “as-is, where-is” basis. The unique offering presents
a rare chance to re-invigorate one of Victoria's most recognizable intersections, presenting considerable growth potential – with a 73% rental upside on the residential suites after stabilizing the 5 vacant units at market rates. *13,000 SF of building area is an estimation as the Vendor does not possess or control floor plans. 1602-1608 Fort Street is also available under a separate offering. Combined, these properties would represent an exceptional redevelopment opportunity with holding income.

Location

Province BC

County Capital Regional District

Area Vi Fernwood

Zoning C1-N

Exterior

Parking On Site 1

Others

Tax ID 000-092-908

Ownership Freehold

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+1(250) 858-5465

dallas@victoriahomes.com

202-3440 Douglas St, Victoria, V8Z, 3L5, Canada

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