$995,000

7221 Peden Lane
MLS® NO: 1031265

Description

Rare Waterview Commercial Opportunity – Brentwood Bay A unique chance to secure a prime seaside commercial site at 7221 Peden Lane. Existing C-3 zoning permits a mix of neighbourhood-serving commercial uses with a 0.6 FAR and up to 3 storeys (~4,400 buildable sq. ft.). Ideal for restaurants, cafés, medical clinics, dental, daycare, professional offices, or wellness/spa uses supporting the Brentwood Bay village core. Positioned steps from the waterfront, marinas, and Brentwood Bay Lodge, this location aligns with OCP objectives encouraging vibrant, pedestrian-oriented commercial services. Why lease when you can own in one of the Peninsula’s most supply-constrained retail nodes? Strong demand exists for food service, childcare, and health-based services in the immediate area. Buyer to verify zoning, permitted uses, and OCP guidelines with the District of Central Saanich. Clean Phase 1 environmental report.

General

Taxes: $8,674

Lot Information

SqFt: 7409
Acres: 0.15
Lot Features: Adult-Oriented Neighbourhood, Central Location, Cleared, Easy Access, Level, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure
Water: Municipal, To Lot
Waste: Sewer Available, Sewer To Lot

Property Details

Building Type:
Municipality: Central Saanich
Sq. Feet: 7,409

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Listed with:

Chris Troke - RE/MAX Generation - The Neal Estate Group
Phone: 250-886-5540

Ron Neal - RE/MAX Generation - The Neal Estate Group

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.