Rare Waterview Commercial Opportunity – Brentwood Bay
Why lease when you can build and own for payments comparable to many commercial leases? Build-to-suit options, experienced custom builders, and financing solutions are available. Strong local demand exists for healthcare, childcare, food service, and professional services. Due diligence time is available for permits, approvals, and municipal review.
Clean Phase 1 environmental report.
A unique opportunity 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 with roof top decks for amazing ocean views (~4,400 buildable sq. ft.). Ideal for restaurants, cafés, medical and dental clinics, wellness centres, daycare, and professional offices serving this rapidly growing community. Buyer to verify zoning, permitted uses, and OCP guidelines with the District of Central Saanich.
Address
7221 Peden Lane
List Price
$995,000
Property Type
Commercial Sale
Type of Dwelling
Unimproved Land
Transaction Type
Sale
Area
Central Saanich
Sub-Area
CS Brentwood Bay
Lot Size
7409 Sq. Ft.
Lot Size (Acres)
0.15 Ac.
MLS® Number
1042065
Listing Brokerage
RE/MAX Generation - The Neal Estate Group
Postal Code
V8M 1C5
Tax Amount
$8,674.16
Tax Year
2025
Amenities
Adult-Oriented Neighbourhood, Central Location, Cleared, Easy Access, Level, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure