New Construction
Address
10862 Chemainus Rd Saltair, BC
Price
$ 749,000
Property Attributes
  • MLS#841419
  • TypeCommercial
  • CitySaltair
  • AreaDuncan
  • NeighbourhoodDu Saltair
  • Postal CodeV9G 2A4
  • StyleMixed Use
  • Year Built2018
  • Taxes7744
  • Price$ 749,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1640
  • Lot Size1.57 Acres
Listing Provided Courtesy Of:
Coldwell Banker Oceanside Real Estate
Property Description

Stocking Creek Village is an exciting development opportunity supported by positive demographics, new business realities, existing tenancies and an optional implementation-ready expansion plan. This 1.4-acre investment/development parcel has one finished and leased building and a second building (approximately 1,600 sq. ft.) that is approved and designed with the foundation installed. The existing phased Development Permit allows these two large buildings and the option to build 14 small buildings if a developer/builder elects to proceed with the optional phases. The site’s C-2A zoning permits multiple commercial uses. The $749,000 asking price compares favourably to the $870,000 value from a June 2020 independent appraisal. Forecast development profits are generous and are not reflected in the appraised value. For a purchase price of $995,000, the Vendor will complete the second large building at its expense.

General Features

Buildingareaunits Square Feet
Business Name STOCKING CREEK VILLAGE INC
Commercial Listing Type Building, Land
Construction Materials Frame Metal, Frame Wood, Insulation All
Cooling Other
Flooring Concrete
Heating Heat Pump
Property SubType Mixed Use
Property Type Commercial Sale
Sewer Septic System, Septic System: Common
Zoning C-2A
Zoning Type Commercial

Exterior Features

Building Area Total 1640.00
Building Features See Remarks, Transit Nearby
Exterior Features Balcony/Patio, Lighting, Sprinkler System, Storefront
Foundation Slab
Lot Description Cleared, Curb & Gutter, Level, Landscaped, Park Setting, Recreation Nearby, Rural Setting, Shopping Nearby
Lot Shape RECTANGULAR
Lot Size Acres 1.57
Lot Size Square Feet 68071.00
Water Source Municipal

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in V9G 2A4

Price
AVG $1.27M
$750K
Taxes
AVG $7,128
$7,744
Visits
AVG 58
64
Year Built
AVG 2018
2018