6719 W Saanich Rd - Restaurant FOR SALE
Central Saanich, BC V8M 1J5 |
$2,100,000 CAD
250-415-3287
6719 W Saanich Rd
Central Saanich, BC V8M 1J5
HIGHLIGHTS
- One million visitors annually to the Butchart Garden’s 5 minute drive to the West
- Tourist Commercial (C5) Zone allows for hotel development
- Holding income in place with current tenant
- Flat and serviced land on prominent corner
- Ample parking for current business
- Long-standing restaurant location with built in goodwill
OVERVIEW
The subject property is located on the Keating Cross Road and West Saanich Road at the gateway to vibrant Brentwood Bay village and world-famous Butchart Gardens (over 1,000,000 visitors annually). Surrounded by wineries and farms, and across the street from Butterfly World. The subject property is well suited to benefit from the many visitors frequenting the picturesque area.
FOR SALE DETAILS
PRICE
$2,100,000 CAD
PRICE/SF
$520 CAD /SF
CAP RATE
4.14%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1982
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
CROSS STREETS
Keating Cross Road
LAND ACRES
0.92 AC
LAND SF
40,149 SF
ZONING
C5
APN/PARCEL ID
029-387-647
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250-415-3287
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250-415-3287
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