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7221 Peden Lane
CS Brentwood Bay Central Saanich V8M 1C5

$1,100,000
Commercial Sale

Main Photo: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 963713
Photo 1: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 963713
Photo 2: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 963713
Photo 3: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 963713
Photo 4: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 963713
Photo 5: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 963713
Photo 6: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 963713
Photo 7: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 963713
Photo 8: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 963713
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Photo 10: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 963713
Photo 11: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 963713
Photo 12: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 963713
Photo 13: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 963713
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
963713
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.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CS Brentwood Bay, Central Saanich
Bathrooms:
- (Full:-/Half:-)
Lot Size:
7,409.051 sq. ft.
Taxes:
Construction:
See Remarks
Electricity:
Yes
Ceiling Heights:
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer To Lot
Fireplace:
No
Pending Date:
Ocean
Across from the Brentwood Ferry
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Central Saanich
Legal Description:
Zoning:
C-3
Units in Building:
Units in Community:
Utilities:
Electricity Available, Natural Gas Available
Lot Site Features:
Adult-Oriented Neighbourhood, Central Location, Cleared, Easy Access, Level, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure
Parking Features:
On Site
Total Units:
Date Listed:
May 17, 2024
Original Price:
1100000.0
  • Photo 1: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 963713
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Listed by Macdonald Realty Ltd. (Sid)
Data was last updated June 16, 2024 at 06:05 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$1,100,000
Min list price:
$30,000
Max list price:
$8,599,000
Avg days on market:
74
Min days on market:
25
Max days on market:
266
These statistics are generated based on the current listing's property type and located in Central Saanich. Average values are derived using median calculations.
Darren Day
Darren Day
Office: 250-708-2000
Cell: 250-686-9222
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.