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Saanich East Luxury Real Estate For Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 970330
- Photos (59)
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A rare oceanfront development opportunity is offered at 5109 and 5105 Cordova Bay Rd, front and centre on one of Victoria’s most desirable beaches. Formerly known as The Beach House Restaurant, this landmark & pinnacle of the community is now available for redevelopment or continued existing use. This much coveted restaurant/special event venue, includes 2 side-by-side properties, one residential and one commercial, with uninterrupted marine vistas across the shallow waters of Cordova Bay towards the San Juan Islands. The substantial structure was fully updated in 2012 and has been well maintained. The commanding views from this location could not be recreated and a buyer could benefit from maximum usage under the new Official Community Plan. Located beside McMorran Park near to Mattick’s Farm and the shops and condos at The Haro plus a short drive to Broadmead Shopping Centre. The discerning buyer is offered an incredible opportunity with intrinsic value.
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- SE Cordova Bay, Saanich East
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 16,732 sq. ft.
- Taxes:
- Signup
- Building Features:
- Elevator: Freight, High Traffic Area, Kitchen/Staff Room, Parking, Security System, Shopping Nearby, Storage Room, Transit Nearby, Visual Exposure
- New Construction:
- No
- Foundation:
- Concrete Perimeter
- Ceiling Heights:
- Signup
- Floor finish:
- Carpet, Laminate, Wood
- Total Building Area:
- 10,993 sq. ft.
- Commercial Area:
- Signup
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- Air Conditioning
- Heating:
- Forced Air, Heat Recovery, Natural Gas
- Fireplace:
- No
- Pending Date:
- Signup
- Balcony, Balcony/Patio
- Mountain(s), Ocean
- Ocean Front
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Lot Site Features:
- Central Location, Cleared, Easy Access, Family-Oriented Neighbourhood, Near Golf Course, Park Setting, Recreation Nearby, Shopping Nearby, Sidewalk, Walk on Waterfront
- Parking Features:
- On Site
- Total Parking Spaces:
- 10
- Total Units:
- Signup
- Date Listed:
- May 28, 2024
- Original Price:
- 5500000.0
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Listed by Sotheby's International Realty Canada and William Wright Commercial Real Estate Service - Victoria Branch
Data was last updated November 17, 2024 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 15
- Avg list price:
- $1,030,000
- Min list price:
- $65,000
- Max list price:
- $5,500,000
- Avg days on market:
- 90
- Min days on market:
- 9
- Max days on market:
- 413
These statistics are generated based on the current listing's property type
and located in
Saanich East. Average values are
derived using median calculations.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email