Commercial property for sale
1919 Sooke Rd, Colwood
$2,400,000
$2,400,000
Commercial property for sale
1919 Sooke Rd, Colwood
Features
Year Built
1952
Floor Area
1,295 sqft
Lot Size
23,458 sqft
Gross Property Tax
$3,364 /year
Zoning
R1
Amenities
Balcony/Patio, Fencing: Partial, Low Maintenance Yard, Sign: Allowed, High Traffic Area, Laundry Room, Parking, Shopping Nearby, Transit Nearby, Visual Exposure
Additional Features
Acreage, Central Location, Cleared, Corner, Easy Access, Family-Oriented Neighbourhood, Level, Near Golf Course, Private, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, Southern Exposure, See Remarks
Description
Prominently positioned high visibility future development site neighbouring the newly constructed mixed use Colwood Corners. offering retail, commercial and multi-family high density residential. The subject property is comprised of an older rancher on a 23,458.27 sqft lot with triple road frontage, city services, zoned R1 single family residential however the OCP (Official Community Plan) is designated Colwood Corners permitting mixed use development with a maximum FAR of 4.5. Colwood will not accept small scale development on this site. The municipality is focusing the highest density along the Sooke Road, Goldstream and Wale Road corridor in Colwood. The property offers approximately 195.83 feet frontage along Colwood Crescent and 99.76 feet frontage along Sooke Road and Jerome. Buyers must do their own due diligence with the municipality in regards to future development.
MLS® Number 944182