5166 Cordova Bay Rd
SE Cordova Bay Saanich V8Y 2K6

$4,125,000
Commercial Sale

Main Photo: 5166 Cordova Bay Rd in Saanich: SE Cordova Bay Retail for sale (Saanich East)  : MLS®# 922742
Photo 1: 5166 Cordova Bay Rd in Saanich: SE Cordova Bay Retail for sale (Saanich East)  : MLS®# 922742
Photo 2: 5166 Cordova Bay Rd in Saanich: SE Cordova Bay Retail for sale (Saanich East)  : MLS®# 922742
Photo 3: 5166 Cordova Bay Rd in Saanich: SE Cordova Bay Retail for sale (Saanich East)  : MLS®# 922742
Photo 4: 5166 Cordova Bay Rd in Saanich: SE Cordova Bay Retail for sale (Saanich East)  : MLS®# 922742
Photo 5: 5166 Cordova Bay Rd in Saanich: SE Cordova Bay Retail for sale (Saanich East)  : MLS®# 922742
Photo 6: 5166 Cordova Bay Rd in Saanich: SE Cordova Bay Retail for sale (Saanich East)  : MLS®# 922742
Photo 7: 5166 Cordova Bay Rd in Saanich: SE Cordova Bay Retail for sale (Saanich East)  : MLS®# 922742
Status:
Sold
Prop. Type:
Commercial Sale
MLS® Num:
922742
Sold Date:
Sep 29, 2023
ATTENTION DEVELOPERS AND INVESTORS! Unique opportunity to purchase this immaculate commercial investment property that also has REDEVELOPMENT POTENTIAL - NO REZONING REQUIRED! Preliminary discussions with the municipality of Saanich confirmed that redevelopment of up to 4 stories is permissible under the current C2 zoning. Situated on a 23,087 Sqft (0.53 Acre) corner lot Zoned C2 and comprised of 3 independent commercial spaces, including: a 3,127 Sqft Drugstore, a 436 Sqft Engineering Company Office, and a 780 Sqft Edward Jones financial planning office. Excellent on-site parking offering over 30 stalls. Situated in the heart of the Cordova Bay village with high traffic exposure and across the street from beautiful Cordova Bay Beach! Call today for more information!
Price:
$4,125,000
Property Type:
Commercial Sale
MLS® Num:
922742
Status:
Sold
  • Photo 1: 5166 Cordova Bay Rd in Saanich: SE Cordova Bay Retail for sale (Saanich East)  : MLS®# 922742
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  • Photo 2: 5166 Cordova Bay Rd in Saanich: SE Cordova Bay Retail for sale (Saanich East)  : MLS®# 922742
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  • Photo 3: 5166 Cordova Bay Rd in Saanich: SE Cordova Bay Retail for sale (Saanich East)  : MLS®# 922742
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  • Photo 4: 5166 Cordova Bay Rd in Saanich: SE Cordova Bay Retail for sale (Saanich East)  : MLS®# 922742
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  • Photo 5: 5166 Cordova Bay Rd in Saanich: SE Cordova Bay Retail for sale (Saanich East)  : MLS®# 922742
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  • Photo 6: 5166 Cordova Bay Rd in Saanich: SE Cordova Bay Retail for sale (Saanich East)  : MLS®# 922742
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  • Photo 7: 5166 Cordova Bay Rd in Saanich: SE Cordova Bay Retail for sale (Saanich East)  : MLS®# 922742
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Listed by Century 21 Queenswood Realty Ltd., sold on September, 2023
Data was last updated February 16, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$595,000
Min list price:
$65,000
Max list price:
$11,300,000
Avg days on market:
144
Min days on market:
8
Max days on market:
504
These statistics are generated based on the current listing's property type and located in Saanich East. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.