Development Opportunity in Sidney by the Sea

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Located in Downtown Sidney by the Sea

•  14794 sqft single story – FOR SALE  CAD5,600,000 . DEVELOPMENT OPPORTUNITY
MLS® 424014

BC Assessment says the Value of this property is mostly in the land for redevelopment with recent sales in Sidney at $120 sq.ft .Location Location Location. Plan your development while enjoy a 5% return from the Retail Strip Mall . Located in the heart of our retirement community ” Sidney by The Sea”.C1 Zoning, latent development potential.Easy care investment, all tenants have triple net leases with option to renew leases. Large 1 acre plus Lot with 236 ft road frontage, Located behind Save on Foods grocery. Offers Excellent Development opportunity.Great long term tenants.Easy off street parking for consumers for stop and go retail shopping and street parking. Prime downtown location For Sale by the Original Owner.Showing Approx. 5.1 CAP. 20 Minutes to downtown Victoria, 5 minutes to the Victoria International Airport and 10 minutes to BC Ferries to the Vancouver mainland. Popular Waterfront community.

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