10
$1,450,000 Sale
Listed 29 days ago
589 Ledsham Rd
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Key Facts
Key facts for 589 Ledsham Rd
Property Type
Commercial
Parking
Garage: No, 0 parking
MLS #
1050487
Size
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Basement
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Listed on
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Lot size
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Tax
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Days on Market
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Year Built
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Maintenance Fee
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Description
589 Ledsham Road offers builders, investors and commercial owner-users an opportunity to acquire a level development site in Colwood's growing West Shore market. The 16,553 sq. ft. property provides approximately 72.5 ft. of frontage and is located just off the Sooke Road commercial corridor. Commun...ity Commercial (C2) zoning permits a broad range of uses, including retail, restaurants, offices, personal services, daycare and fitness facilities. Current zoning allows a maximum 1.0 FAR, representing approximately 16,553 sq. ft. of buildable floor area, with up to 50% lot coverage and a maximum height of three storeys. The property is improved with an approximately 2000 sq. ft. single-family home generating holding income on a month on a month-to-month tenancy, while providing ample storage and parking for commercial activities. A 2021 Phase I ESA did not recommend further Phase II investigation. Development potential is subject to municipal approval and purchaser due diligence. (id:10452)
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Listing courtesy of: Pemberton Holmes Ltd.
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