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    10862 Chemainus Rd

    Saltair, BC V9G 2A4
    • $749,000
    • STATUS: Active
    • ON SITE: 121 days
    • MLS #: 841419
    Price Reduced
    UPDATED: 18 min ago
    $749,000
    • 0
      BEDS
    • 1.57
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighbourhood:
    Type:
    Commercial
    Built:
    2018
    Area:

    Description

    Stocking Creek Village is an exciting development opportunity supported by positive demographics, new business realities, existing tenancies and an optional implementation-ready expansion plan. This 1.4-acre investment/development parcel has one finished and leased building and a second building (approximately 1,600 sq. ft.) that is approved and designed with the foundation installed. The existing phased Development Permit allows these two large buildings and the option to build 14 small buildings if a developer/builder elects to proceed with the optional phases. The sites C-2A zoning permits multiple commercial uses. The $749,000 asking price compares favourably to the $870,000 value from a June 2020 independent appraisal. Forecast development profits are generous and are not reflected in the appraised value. For a purchase price of $995,000, the Vendor will complete the second large building at its expense.

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    http://www.vreb.org/vreb/VREBReciprocityProgram.html

    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. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Day Team Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2020-11-30T12:22:02.693.
    www.dayteam.com/homes/108456314
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    10862 Chemainus Rd Saltair, BC V9G 2A4

    • Price: $749,000
    • Status: Active
    • Updated: 18 min ago
    • MLS #: 841419
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.57
    Acres
    2018
    Built
    Neighbourhood:
    Du Saltair
    Area:
    Duncan
    Property Description
    Stocking Creek Village is an exciting development opportunity supported by positive demographics, new business realities, existing tenancies and an optional implementation-ready expansion plan. This 1.4-acre investment/development parcel has one finished and leased building and a second building (approximately 1,600 sq. ft.) that is approved and designed with the foundation installed. The existing phased Development Permit allows these two large buildings and the option to build 14 small buildings if a developer/builder elects to proceed with the optional phases. The sites C-2A zoning permits multiple commercial uses. The $749,000 asking price compares favourably to the $870,000 value from a June 2020 independent appraisal. Forecast development profits are generous and are not reflected in the appraised value. For a purchase price of $995,000, the Vendor will complete the second large building at its expense.
    Exterior Features

    Construction Materials Frame MetalFrame WoodInsulation All Exterior Features Balcony/PatioLightingSprinkler SystemStorefront Lot Features ClearedCurb & GutterLevelLandscapedPark SettingRecreation NearbyRural SettingShopping Nearby Road Surface Type PavedUnimproved

    Interior Features

    Cooling Other Cooling YN Yes Flooring Concrete Foundation Details Slab Heating Heat Pump Heating YN Yes

    Property Features

    Building Features See RemarksTransit Nearby New Construction YN Yes Ownership Freehold Property Condition Under Construction Property Sub Type Mixed Use Restrictions Building SchemeEasement/Right Of WayOtherRestrictive Covenants Sewer Septic TankSeptic System: Common Tax Annual Amount 7744 Tax Year 2019 Water Source Municipal Zoning C-2A Zoning Description Commercial

    Listing provided courtesy of Coldwell Banker Oceanside Real Estate and [CO-OFFICENAME].

    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.
    http://www.vreb.org/vreb/VREBReciprocityProgram.html

    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. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Day Team Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2020-11-30T12:22:02.693.
     
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    Day Team Realty
    301-3450 Uptown Blvd
    Victoria BC, V8Z 0B9