3840 Cadboro Bay Rd, Saanich, BC V8N 4G2
3840 Cadboro Bay Rd, Saanich, BC V8N 4G2
3840 Cadboro Bay Rd, Saanich, BC V8N 4G2
Listing by Kyle Porter NAI Commercial (Victoria) Inc.
Bought with Callaghan O'Connor eXp Realty
$3,750,000
Est. payment /mo
$3,500,000
7.1%
Est.Price: ?

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6,283 SqFt
SOLD DATE : 06/10/2024

Key Details

Sold Price $3,750,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 6,283 sqft

Price per Sqft $596

MLS Listing ID 958189

Sold Date 06/10/24

HOA Y/N No

Year Built 1947

Annual Tax Amount $44,085

Tax Year 2023

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Retail

Property Description

Offers submitted by Wednesday Apr 10. Cadboro Bay village mixed use commercial building for sale. Excellent exposure on this high traffic central location in the heart of Cadboro Bay village bordering the University of Victoria. Grocery, liquor, restaurants, pub and coffee shops among the many neighbouring businesses. Steps to Gyro beach with southern exposure and views of the ocean from the top floor apartments. Excellent parking with frontage on both Cadboro Bay and Penrhyn St. Long term stable income with tenants in the 4 ground-floor commercial and two second floor residential units. Potential for owner occupier. Recent local area plan envisions future density in this growing and highly desired village. Information package available. Click the multimedia link for virtual walkthrough of one of the apartments. No sign on property. Call for more info.

Location

Province BC

County Capital Regional District

Community Se Cadboro Bay

Area Saanich East

Zoning C-3

Direction Corner of Cadboro Bay and Penrhyn

Interior

Heating Baseboard, Electric

Flooring Concrete, Cork, Hardwood, Laminate, Linoleum, Mixed

Fireplace No

Exterior

Exterior Feature Awning(s), Balcony/Deck, Balcony/Patio, Display Window, Low Maintenance Yard, Sign: Allowed, Sign: Pylon, Storefront

Parking Features On Site

Garage Spaces 13.0

View Y/N true

View Ocean

Street Surface Paved

Total Parking Spaces 13

Garage No

Building

Lot Description Central Location, Corner Lot, Curb & Gutter, Easy Access, Irregular Lot, Level, Shopping Nearby, Sidewalk, Southern Exposure

Foundation Concrete Perimeter, Slab

Sewer Sewer Connected

Water Municipal

Others

Ownership Freehold

Acceptable Financing Purchaser To Finance

Listing Terms Purchaser To Finance

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Nearby Locations

Jason Anson
Jason Anson

Agent | License ID: 188385

+1(250) 252-7653 | sold@jasonanson.ca

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This page highlights a Sold Listing, showing how a property recently changed hands and what that means for the local market. Every sale is part of a larger pattern shaped by neighbourhood demand, pricing, and timing. I have lived on Vancouver Island for more than 30 years and have seen how sales activity reflects the growth and change of communities. In my professional work I focus on proving actual market value with market movement data, helping both buyers and sellers learn from past results and apply that insight to their next steps. Use these guides to explore regional areas and see how this sold property connects with the wider housing story of the island at Living on Vancouver Island.

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