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Victoria Area Real Estate

British Columbia Canada

250-744-3301

[email protected]

10862 CHEMAINUS SALTAIR

Other neighbourhood of Other British Columbia Canada V9G 2A4
$825,000
  • Address: 10862 CHEMAINUS SALTAIR
  • Province: British Columbia
  • Area: Other
  • Postal Code: V9G 2A4
  • Neighborhood: Other
  • Country: Canada
  • Listing Brokerage: Coldwell Banker Oceanside Real Estate
  • Price: $825,000
  • Board Number: 469898
  • Square Footage: 1640 Sq Ft
  • Property Type: Other

10862 CHEMAINUS SALTAIR, Other, Other

Stocking Creek Village is a 1.4 acre parcel with water, hydro and a Type 3 septic plant. C-2A zoning allows multiple commercial uses. A Development Permit is in place to build two large buildings and 14 small buildings. One large building is finished and leased to a coffee shop and a gelato business. The foundation is complete for the second large building. The 14 small buildings provide a unique opportunity for businesses that decide to downsize in light of today’s economic realities. The $870,000 purchase price is based on a June 2, 2020 independent appraisal. Forecast profits from this development project are generous; and mortgage payments for building purchasers at today’s interest rates are competitive with current market rents. Stocking Creek Village is an exciting development opportunity supported by positive demographics, new business realities, existing anchor tenancies and a development plan that is implementation – ready.

Victoria Real Estate Agent

10862 CHEMAINUS  SALTAIR - AGENT ON DUTY
10862 CHEMAINUS SALTAIR - AGENT ON DUTY

RE/MAX Camosun
4440 Chatterton Way
Victoria, British Columbia
250-744-3301 | TF: 1-800-663-2121
Each office independently owned & operated

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Listing Brokerage : Coldwell Banker Oceanside Real Estate
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The MLS® Marks identify professional services rendered by members in good standing of CREA to effect the purchase and sale of real estate as part of a 'plural system arrangement,' also known as a co-operative selling system (the 'MLS® services'), in compliance with CREA's By-Laws and Rules, the REALTOR® Code as amended from time to time, and in compliance with all applicable federal and provincial/territorial laws and regulations. The MLS® Marks do not identify or describe a computer database of real estate listings. An MLS® System is a co-operative selling system operated and promoted by a Board or Association in association with the MLS® Marks. An MLS® System includes an inventory of listings of participating REALTOR® members, and ensures a certain level of accuracy of information, professionalism and co-operation amongst REALTOR® members to affect the purchase and sale of real estate.

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