Colwood / Langford

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1840 Island Hwy
Co Colwood Corners Colwood V9B 1J2

$32,000,000
Commercial Sale

Main Photo: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
Photo 1: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
Photo 2: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
Photo 3: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
Photo 4: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
Photo 5: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
Photo 6: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
Photo 7: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
Photo 8: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
Photo 9: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
Photo 10: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
905915
Seller will consider build to suit for a commercial client, long term land lease or 4 titles could be sold individually. This offering includes 1840,1844, 1836 Island Highway and 399 Wale Rd, for a total of 182,322 sq. ft. or 4.18 Acres zoned C4 and C3 which allows residential ,a wide range of commercial activities, offices, and rental. Extremely will located next to the Westshore Transportation Hub, steps to all levels of recreation, and services, 3 to 4 storey buildings heights allowed in the current zoning City of Colwood has indicated they would like to see more density and higher buildings than 4 story. This property meets the recent requirements announced by the Provincial Government for higher density for land within the Transportation Corridors in the Greater Victoria Area. Exceptional views overlooking the ocean, Mt Baker, and the City of Victoria. A rare parcel of land, 4 titles, all owned by one owner.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
See Remarks
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Co Colwood Corners, Colwood
Bathrooms:
- (Full:-/Half:-)
Lot Size:
4.186 acre(s)
Taxes:
Electricity:
Yes
Ceiling Heights:
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Available
Fireplace:
No
Pending Date:
City, Mountain(s), Ocean
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Colwood
Legal Description:
Zoning:
C3,C4
Units in Building:
Units in Community:
Utilities:
Cable Available, Electricity Available, See Remarks
Lot Site Features:
Acreage, Central Location, Easy Access, Level, Serviced, Shopping Nearby, Southern Exposure, See Remarks
Parking Features:
On Site
Road Frontage Type:
Highway
Road Surface Type:
Paved
Total Units:
Date Listed:
Jun 09, 2022
Original Price:
3.2E7
  • Photo 1: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
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  • Photo 2: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
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  • Photo 4: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
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  • Photo 6: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
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  • Photo 7: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
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  • Photo 8: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
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  • Photo 9: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
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  • Photo 10: 1840 Island Hwy in Colwood: Co Colwood Corners Unimproved Land for sale : MLS®# 905915
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Listed by Century 21 Queenswood Realty Ltd.
Data was last updated July 2, 2022 at 02:05 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$1,540,000
Min list price:
$105,000
Max list price:
$32,000,000
Avg days on market:
214
Min days on market:
17
Max days on market:
355
These statistics are generated based on the current listing's property type and located in Colwood. 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.