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.
Address
7221 Peden Lane
List Price
$999,000
Property Type
Commercial Sale
Type of Dwelling
Mixed Use
Area
Central Saanich
Sub-Area
CS Brentwood Bay
Lot Size
7409 Sq. Ft.
Lot Size (Acres)
0.17 Ac.
MLS® Number
982879
Listing Brokerage
Macdonald Realty Ltd. (Sid)
Postal Code
V8M 1C5
Tax Amount
$2,986.02
Tax Year
2023
Amenities
Adult-Oriented Neighbourhood, Central Location, Cleared, Easy Access, Level, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure