For Sale · Retail

110 1105 Pandora Ave, Victoria

110 1105 Pandora Ave, Victoria, BC V8V3P9

$574,000 total

1,635 SF

Asset Class

Retail

Size

1,635 SF

Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

$351

Occupancy

83%

About this property

Remax Commercial presents this Court-Ordered Sale, offering the opportunity to acquire a 1,635 SF commercial strata unit in The Wade. Delivered in shell condition, this CA-1 zoned space provides ultimate design flexibility ideal for medical, professional office, or technology users seeking to customize their premises. The unit features a beautiful courtyard entrance, ample power capacity, and efficient layout potential for a variety of configurations. Accessed through a secure gated entry leading to a landscaped courtyard with gardens and fountain, the property offers a quiet, professional environment suited to owner-occupiers. Strategically positioned to serve surrounding residential density while maintaining privacy and security. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$574K
Down payment30% · $172K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$31K

Annual cash flow

$-746

Cash-on-cash

-0.43%

DSCR

0.98

Going-in cap

5.41%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Prairie Coffee Roasters876 SF2032-06
Prairie Coffee Roasters400 SF2031-06
Prairie Coffee Roasters400 SF2031-06
Summit Trades Supply400 SF2031-06

Area demographics

Trade area within 3 miles of the property.

Population

124,388

Households

50,014

Median income

$113,500

Median age

31.8

Daytime population

140,159

5-yr growth

3.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 110 1105 Pandora Ave, Victoria.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.