7221 Peden Lane, Central Saanich, BC V8M 1C5

$995,000

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Courtesy of RE/MAX Generation - The Neal Estate Group

List Price
$995,000
Status
ACTIVE
MLS®
1042065
Property Type
Commercial
Acres
0.15
Lot Size
7,409
District
Central Saanich
Neighbourhood
Cs Brentwood Bay

Property 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.

Additional Information

Lot Features
Adult-Oriented Neighbourhood, Central Location, Cleared, Easy Access, Level, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure
Parking Type
On Site
Taxes
$8,674
Rentals Allowed
Unrestricted

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Calculator source: Real Geeks

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