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Listed by Kane Ryan Pemberton Holmes Ltd.
$ 1,450,000
Est. payment /mo
New
589 Ledsham Rd Colwood, BC V9C 1J9
1,972 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,972 sqft
Price per Sqft $735
MLS Listing ID 1050487
HOA Y/N No
Annual Tax Amount $13,216
Tax Year 2016
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type Mixed Use
Property Description
589 Ledsham Road offers builders, investors and commercial owner-users an opportunity to acquire a level development site in Colwood's growing West Shore market. The 16,553 sq. ft. property provides approximately 72.5 ft. of frontage and is located just off the Sooke Road commercial corridor. Community Commercial (C2) zoning permits a broad range of uses, including retail, restaurants, offices, personal services, daycare and fitness facilities. Current zoning allows a maximum 1.0 FAR, representing approximately 16,553 sq. ft. of buildable floor area, with up to 50% lot coverage and a maximum height of three storeys. The property is improved with an approximately 2000 sq. ft. single-family home generating holding income on a month on a month-to-month tenancy, while providing ample storage and parking for commercial activities. A 2021 Phase I ESA did not recommend further Phase II investigation. Development potential is subject to municipal approval and purchaser due diligence.
Location
Province BC
County Capital Regional District
Community Co Hatley Park
Area Colwood
Zoning C2
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N No
Garage No
Others
Ownership Freehold
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
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