Bought with Sarah Vidalin Coldwell Banker Oceanside Real Estate
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Key Details
Sold Price $4,125,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 4,343 sqft
Price per Sqft $949
MLS Listing ID 922742
Sold Date 09/29/23
HOA Y/N No
Annual Tax Amount $48,675
Tax Year 2022
Lot Size 0.530 Acres
Acres 0.53
Property Sub-Type Retail
Property Description
ATTENTION DEVELOPERS AND INVESTORS! Unique opportunity to purchase this immaculate commercial investment property that also has REDEVELOPMENT POTENTIAL - NO REZONING REQUIRED! Preliminary discussions with the municipality of Saanich confirmed that redevelopment of up to 4 stories is permissible under the current C2 zoning. Situated on a 23,087 Sqft (0.53 Acre) corner lot Zoned C2 and comprised of 3 independent commercial spaces, including: a 3,127 Sqft Drugstore, a 436 Sqft Engineering Company Office, and a 780 Sqft Edward Jones financial planning office. Excellent on-site parking offering over 30 stalls. Situated in the heart of the Cordova Bay village with high traffic exposure and across the street from beautiful Cordova Bay Beach! Call today for more information!
Location
Province BC
County Capital Regional District
Community Se Cordova Bay
Area Saanich East
Zoning C2
Direction North on Cordova Bay Rd and on the corner of Sutcliffe Rd.
Interior
Heating Baseboard
Fireplace No
Exterior
Exterior Feature Lighting
Parking Features On Site
Garage Spaces 32.0
View Y/N false
Total Parking Spaces 32
Garage No
Building
Lot Description Curb & Gutter, Easy Access, Level
Sewer Sewer To Lot
Water Municipal
Others
Ownership Freehold
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