Mixed Use located in Colwood - Co Colwood Corners, V9B 1W1
sqft, Beds, Baths
Listed by Sandy ClarkRoyal LePage Nanaimo Realty (NanIsHwyN) - Listed On: September 20, 2024
- Built in: 1952
- Type: Commercial Sale
- Exterior Features: Balcony/Patio, Fencing: Partial, Low Maintenance Yard, Sign: Allowed, Storefront,
- Heating: Forced Air, Oil,
- Flooring: Array
- Foundation Details: Concrete Perimeter,
- Lot Size: 0.54 acres
- Total Parking: 20
- Parking Features: On Site,
- Features: Acreage, Central Location, Cleared, Corner Lot, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Private, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, Southern Exposure, See Remarks,
- Zoning: R1
Description
Prime development site at 1919 Sooke Rd neighbouring the new residential & commercial mixed use Colwood Corners development and opposite the prestigious Royal Colwood Golf course. This is the heart of Colwood with recreational facilities, shopping, transit and Esquimalt Lagoon close by. The lot is 23,458.27sqft currently zoned R1 single family residential however the OCP (Official Community Plan) is designated Colwood Corners permitting a maximum FAR of 4.5 and Transit Corridor. 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 rear road frontage. Older restrictive covenant registered on title restricting development for the properties collectively along Colwood Crescent and Sooke Road may be removed. The municipality wish to see 8 to 30 stories in this area. Some vendor financing available.