A rare oceanfront development opportunity is offered at 5109 and 5105 Cordova Bay Rd, front and centre on one of Victoria’s most desirable beaches. Formerly known as The Beach House Restaurant, this landmark & pinnacle of the community is now available for redevelopment or continued existing use. This much coveted restaurant/special event venue, includes 2 side-by-side properties, one residential and one commercial, with uninterrupted marine vistas across the shallow waters of Cordova Bay towards the San Juan Islands. The substantial structure was fully updated in 2012 and has been well maintained. The commanding views from this location could not be recreated and a buyer could benefit from maximum usage under the new Official Community Plan. Located beside McMorran Park near to Mattick’s Farm and the shops and condos at The Haro plus a short drive to Broadmead Shopping Centre. The discerning buyer is offered an incredible opportunity with intrinsic value.
Address
5105 & 5109 Cordova Bay Rd
List Price
$5,500,000
Property Type
Commercial Sale
Type of Dwelling
Mixed Use
Area
Saanich East
Sub-Area
SE Cordova Bay
Lot Size
16732 Sq. Ft.
Lot Size (Acres)
0.38 Ac.
MLS® Number
970330
Listing Brokerage
Sotheby's International Realty Canada
Postal Code
V8Y 2K1
Tax Amount
$112,396.00
Tax Year
2023
Features
Carpet, Forced Air, Heat Recovery, Laminate, Natural Gas, Wood
Amenities
Balcony, Balcony/Patio, Central Location, Cleared, Easy Access, Family-Oriented Neighbourhood, Near Golf Course, Park Setting, Recreation Nearby, Shopping Nearby, Sidewalk, Walk on Waterfront
