Kris: 250.893.4221 - Eric: 778.677.9910 - Craig: 250.812.0323

2405 Beacon Ave
Sidney, BC V8L 1X5

$4,200,000

Sq. Ft.: 13,987
Type: Commercial
Listing #383181
In the heart of downtown "Sidney by the Sea"! This prime development site is the perfect setting for a new mixed use Commercial/Residential Development. Take advantage of the new Sidney Development Strategy and build about 40 residential units over a commercial main floor! It's ZONED C-1 and is presently a two-storey commercial building which includes a well established, very popular, 130 seat restaurant with a liquor license, plus eleven other commercial units. The present use is not likely the highest and best use of this amazing property, but is a great hold while design and any necessary approvals are taking place. All Buyers, developers and or builders should do their own due diligence as to the development potential here, although some design and current environmental information is now available. Appointments are a must!
Property Features
Location Information
District: Sidney
Latitude: 48.648688
Longitude: -123.399825
Map Area: Sidney South-East - Si
Directions: Corner of Fifth St. and Beacon Ave. in the heart of downtown.
Interior Features
Heating: Air Conditioning, Baseboard
Cooling: Heat Pump
Exterior Features
Construction: Concrete Poured, Insulation Ceiling, Insulation Walls, Windows Thermo
Exterior: Parking
Possession: Subject to Tenancy
Septic or Sewer: Sewer
Water: City/Munic.
Parking Spaces: 21
Lot Features: View: City, View: Mtn, View: Water, Corner, Level, Serviced, See Remarks
Lot Size in Acres: 0.36
Lot Size in Sq. Ft.: 15, 575
Additional Information
Property Type: COM
Property SubType: Retail
APN: 001-120-361
Status: Current
Tax Year: 2017
Tax Amount: 42, 697


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
 % 
Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Agent: Kris Gower
250 893 4221
kris@heartofsold.com
© 2018 Victoria Real Estate Board. All rights reserved.
NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
This website must only be used by consumers for the purpose of locating and purchasing real estate.
VREB data last updated at January 19, 2018 9:46 PM PT