$1,150,000
FOR SALE

Commercial/Retail

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

Rare Ocean view Lot in Brentwood Bay. This mixed-use Development Opportunity in popular Brentwood Bay is located across from three marinas, the Seahorse Cafe, Brentwood Bay Resort and the Brentwood/Mill Bay ferry. The site is 7400 sq ft, fully serviced, flat, west facing, clean phase 1. Zoned C-3 which allows for a .6 FAR potential for 4400 sqft of buildable with commercial down and residential up. Ideal for an owner occupier to build an office or store front with apartments up. Great location for a boutique market / coffee shop/ office/ restaurant or boat care services. Current design conforms to zoning and the OCP, calls for a 650 sqft CRU down with two 1,200 sqft condos up both with bay views. 9 parking spots and has planning support, no variances, only requires a DP with council approval. Alternatively, see the 6 plex designs for a possible rezone to residential given the new infill housing changes. Buyer to verify. (id:47421)
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Listed By Coldwell Banker Oceanside Real Estate
Data Provided By Victoria Real Estate Board
MLS® Listing Number 955634
Last Updated Apr 07, 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 2024-03-06
Municipal ID 008-003-459
Ownership Type Freehold
# of Parking Spaces 9
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
Access Type Road access
Size of Irregular Land 7409

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