Business Type: Retail
Date Listed: Fri, Jun 26, 2020
Property Tax: N/A
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Property Description for 2425 BEVAN AVE
VANCOUVER ISLAND - SIDNEY BY THE SEA. Attractive development property on prime downtown core corner property in Sidney. Holding income provided by well established tenants on month to month leases. C-1 zoning with bonus density allows up to 4 storeys and a 3.0 FAR. Few properties exist that offer this type of desired location and exposure on two main intersecting avenues. Existing building built in 1981 allows for creative expansion if so desired by a new owner. Location relevant to key destinations such downtown Victoria, Victoria International Airport, water/beaches and BC Ferries to the Gulf Islands, Vancouver and Anacortes(USA) are unprecedented, making this a most valued investment asset. Sidney's location, temperate climate, natural amenities and friendly community character are paramount in development considerations. Call for further discussion.