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7221 Peden Lane

7221 Peden LaneCentral Saanich, BC

$995,000
Vacant Land
NEW C-N NEIGHBORHOOD COMMERCIAL ZONING APPROVED – RARE WATERVIEW COMMERCIAL DEVELOPMENT OPPORTUNITY – BRENTWOOD BAY Why lease when you can build and own? New C-N Neighbourhood Commercial zoning creates a flexible development opportunity at 7221 Peden Lane. Maximum 1.0 FAR, 50% lot coverage and 11.0 m building height provide increased buildable potential, subject to site dimensions and municipal approvals. Build-to-suit options, experienced custom builders and financing solutions are available. Strong local demand exists for healthcare, childcare, restaurants, food service, wellness, retail and professional offices. The C-N zoning permits a broad range of commercial uses including restaurants, retail, offices, healthcare & wellness, childcare, convenience stores, personal services, veterinary, financial services and residential apartments. Prime waterview location in Brentwood Bay with excellent neighbourhood-serving potential. Clean Phase 1 environmental report. Due diligence time available for permits, approvals and municipal review. (id:67651)
OwnershipFreehold
Postal CodeV8M1C5
ZoningC-N
Annual Tax$9,950
FeaturesCentral location, Level lot, Southern exposure, Partially cleared, Other

Neighbourhood & Lifestyle