7221 Peden Lane.

$995,000

Mixed Use located in Central Saanich - CS Brentwood Bay, V8M 1C5

sqft, Beds, Baths
MLS #1031265 Listed by Chris TrokeRE/MAX Generation - The Neal Estate Group
  • Listed On: April 7, 2026
  • Type: Commercial Sale
  • Lot Size: 0.15 acres
  • Parking Features: On Site,
  • Features: Adult-Oriented Neighbourhood, Central Location, Cleared, Easy Access, Level, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure,
  • View: Array
  • Zoning: C-3

Description

Rare Waterview Commercial Opportunity – Brentwood Bay A unique chance to secure a prime seaside commercial site at 7221 Peden Lane. Existing C-3 zoning permits a mix of neighbourhood-serving commercial uses with a 0.6 FAR and up to 3 storeys (~4,400 buildable sq. ft.). Ideal for restaurants, cafés, medical clinics, dental, daycare, professional offices, or wellness/spa uses supporting the Brentwood Bay village core. Positioned steps from the waterfront, marinas, and Brentwood Bay Lodge, this location aligns with OCP objectives encouraging vibrant, pedestrian-oriented commercial services. Why lease when you can own in one of the Peninsula’s most supply-constrained retail nodes? Strong demand exists for food service, childcare, and health-based services in the immediate area. Buyer to verify zoning, permitted uses, and OCP guidelines with the District of Central Saanich. Clean Phase 1 environmental report.

Location

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