$1,100,000 FOR SALE

Commercial/Retail

7221 Peden Lane
Central Saanich, BC V8M 1C5 | Brentwood Bay

Mixed-Use Development Opportunity – Set among Brentwood Bay’s waterfront sits a 7409-sqft. ocean-view, commercial lot, fully serviced and ready for development. Zoned General Commercial, C-3, the property offers the opportunity for 4400 sqft. of mixed-use space in the heart of The Bay. This prime location sits across from multiple marinas, cafes, and restaurants, as well as the 5-Star, Brentwood Bay Resort and Mill Bay Ferry. The lot offers an already, zoning and OCP-conforming design, with a 650-sqft. CRU on the ground level and two, 1200-sqft. condos above, both with ocean views, along with nine parking spots. The lot also offers the opportunity to rezone, given the new infill housing changes, and includes concept renderings for a 6-plex. *Buyer to verify all pertinent information with respect to zoning and bylaws with the district of Central Saanich. (id:47423)

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Listed By Macdonald Realty Ltd. (Sid)
Data Provided By Victoria Real Estate Board
MLS® Listing Number 963713
Last Updated May 22, 2024
Property Summary
Property Type Commercial/Retail

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Neighbourhood Brentwood Bay
Price History
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Detailed Information
Features Central location, Level lot, Southern exposure, Partially cleared, Other
Listing Contract Date 2024-05-17
Municipal ID 008-003-459
Ownership Type Freehold
Plan VIP1188
Property Type Other
Transaction Type For sale
Views Ocean view
Zoning Description C-3
Zoning Unknown
Building
Type Commercial Mix
Land
Total Size 7409 square feet
Size of Irregular Land 7409

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