Central Saanich · Commercial Sale · MLS® 1042065

7221 Peden Lane, Central Saanich

$995,000
19Days on Market

About this property

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.

Features & details

DDF Property Type Vacant Land
View Ocean view
Land Size 7,409 sq ft
Feature Central location
Feature Level lot
Feature Southern exposure
Feature Partially cleared
Feature Other
Property Type Unimproved Land
Water Source Municipal,To Lot
Sewer Sewer Available,Sewer To Lot
Zoning C-3

Location

Brokerage Listed by RE/MAX Generation - The Neal Estate Group. Information is deemed reliable but not guaranteed.