9.85 Acre Development Site - Colliers International
FOR SALE > KEATING INDUSTRIAL AREA
±9.85 Acre Development Site 2070 KEATING CROSS ROAD, CENTRAL SAANICH, BC
D E R
D E UC
Contact Us MICHAEL MILLER +1 250 414 8399 [email protected] TY WHITTAKER* +1 250 414 8395 [email protected]
Colliers International 1175 Douglas Street, Suite 1110 Victoria, BC V8W 2E1 MAIN: +1 250 388 6454 FAX: +1 250 382 3564 www.collierscanada.com/victoria
FOR SALE > KEATING INDUSTRIAL AREA
±9.85 Acre Development Site 2070 KEATING CROSS ROAD, CENTRAL SAANICH, BC
Location The subject property is located in the Keating Industrial Park, which is situated at the approximate mid-point between downtown Victoria and the Swartz Bay Ferry Terminal and Victoria International Airport. The property is easily accessible to and from the Pat Bay Highway (Hwy #17), which is the region’s primary transportation corridor.
Site Description Prominently located in the heart of the Keating Industrial Park, the property is rectangular in shape with the appropriate dimensions of 330 feet along Keating Cross Road and a return depth of 1,295 square feet. Total site area is ±9.85 acres, or ±429,000 square feet.
Environmental
and which has been approved by the Ministry of Environment (MOE) and registered on their website.
Zoning The zoning for the property is split between I-1 Light Industrial and C-2 Arterial Commercial. The proportion of the split, which should be verified with the District of Central Saanich, is C-2 for the front two-thirds and I-1 to the rear one-third of the property. Central Saanich Municipal Council has recently amended its Official Community Plan (OCP) eliminating the restriction of single-use to buildings to 5,000 m2, including retail. Subject to the appropriate municipal approvals, the property has the ability to have a large format retail use development.
Asking Price Nine Million, Two Hundred and Fifty Thousand Dollars
Stage I & II Preliminary Site Investigations and a Detailed Site Investigation have been completed. Subsequent to these reports, an Independent Remediation has been conducted on those areas identified in the aforementioned reports with the results detailed in an Independent Remediation Report completed January, 2012
($9,250,000.00) Eight Million, Four Hundred and Seventy-Five Thousand Dollars ($8,475,000.00)
Contact Us
OLDFIELD R OAD
MICHAEL MILLER +1 250 414 8399 [email protected]
KEATING CROSS ROAD
TY WHITTAKER* +1 250 414 8395 [email protected]
Colliers International 1175 Douglas Street, Suite 1110 Victoria, BC V8W 2E1 MAIN: +1 250 388 6454 FAX: +1 250 382 3564 www.collierscanada.com/victoria
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2012. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Victoria). *Personal Real Estate Corporation.
±9.85 Acre Development Site 2070 KEATING CROSS ROAD, CENTRAL SAANICH, BC
D E R
D E UC
Contact Us MICHAEL MILLER +1 250 414 8399 [email protected] TY WHITTAKER* +1 250 414 8395 [email protected]
Colliers International 1175 Douglas Street, Suite 1110 Victoria, BC V8W 2E1 MAIN: +1 250 388 6454 FAX: +1 250 382 3564 www.collierscanada.com/victoria
FOR SALE > KEATING INDUSTRIAL AREA
±9.85 Acre Development Site 2070 KEATING CROSS ROAD, CENTRAL SAANICH, BC
Location The subject property is located in the Keating Industrial Park, which is situated at the approximate mid-point between downtown Victoria and the Swartz Bay Ferry Terminal and Victoria International Airport. The property is easily accessible to and from the Pat Bay Highway (Hwy #17), which is the region’s primary transportation corridor.
Site Description Prominently located in the heart of the Keating Industrial Park, the property is rectangular in shape with the appropriate dimensions of 330 feet along Keating Cross Road and a return depth of 1,295 square feet. Total site area is ±9.85 acres, or ±429,000 square feet.
Environmental
and which has been approved by the Ministry of Environment (MOE) and registered on their website.
Zoning The zoning for the property is split between I-1 Light Industrial and C-2 Arterial Commercial. The proportion of the split, which should be verified with the District of Central Saanich, is C-2 for the front two-thirds and I-1 to the rear one-third of the property. Central Saanich Municipal Council has recently amended its Official Community Plan (OCP) eliminating the restriction of single-use to buildings to 5,000 m2, including retail. Subject to the appropriate municipal approvals, the property has the ability to have a large format retail use development.
Asking Price Nine Million, Two Hundred and Fifty Thousand Dollars
Stage I & II Preliminary Site Investigations and a Detailed Site Investigation have been completed. Subsequent to these reports, an Independent Remediation has been conducted on those areas identified in the aforementioned reports with the results detailed in an Independent Remediation Report completed January, 2012
($9,250,000.00) Eight Million, Four Hundred and Seventy-Five Thousand Dollars ($8,475,000.00)
Contact Us
OLDFIELD R OAD
MICHAEL MILLER +1 250 414 8399 [email protected]
KEATING CROSS ROAD
TY WHITTAKER* +1 250 414 8395 [email protected]
Colliers International 1175 Douglas Street, Suite 1110 Victoria, BC V8W 2E1 MAIN: +1 250 388 6454 FAX: +1 250 382 3564 www.collierscanada.com/victoria
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2012. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Victoria). *Personal Real Estate Corporation.
