Pending Sale: Historic Old Town Opportunity – Iconic Market Square Corner Retail Unit : $4100 base rent and $2717 NNN.
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, design studios. 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. Previously operated as a restaurant. Existing hood vent chase, laundry hookups, and 600 AMP electrical service.
Property Type:
Commercial Lease
Type:
Retail
Commercial Type:
Building
Year built:
1913
(Age: 112)
Lease Type:
Assignment of Lease, Absolute Net
Additional Rent Per SqFt:
2717.0
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
1,728 sq. ft.161 m2
Taxes:
$19,524 /
2025
Building Name:
Station Hotel
Building Features:
Basement
Number of Storeys:
4
Ceiling Heights:
12'3.66 m
Total Building Area:
1,728 sq. ft.161 m2
Commercial Area:
Downtown
Fireplace:
No
Corner of Pandora and Warf across from Swans
Main Level
Jurisdiction name:
City of Victoria
Legal Description:
Strata Lot 1, Plan VIS1580, Victoria Land District, OF LT 193 TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1 OR V, AS APPROPRIATE