Commercial property for sale

1919 Sooke Rd, Colwood

$2,400,000 or
Commercial property for sale in Colwood, Colwood Corners, 1919 Sooke Rd, 944182 | Realtylink.org
$2,400,000 or

Commercial property for sale

1919 Sooke Rd, Colwood

Features

Lifestyle
944182 2400000 /en/commercial-property~for-sale~colwood/944182?view=Summary /en/commercial-property~for-sale~colwood/944182/photos 48.4405000000 -123.4712700000 true
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

Listing REALTOR®

Sandy Clark, REALTOR<sup>®</sup>

Sandy Clark

REALTOR®

Royal LePage Nanaimo Realty (NanIsHwyN)

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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