Price
$649,900
BedroomsNot listed
BathroomsNot listed
Size2199 sqft
Year Built2022
Property TypeCondo/Townhouse
Property Taxes$6,673.67
Unit Number40106
Maintenance Fees$217/month
Your Malahat Business Center Warehouse Awaits... Proudly Offered at $649,900.00 700 Shawnigan Lake Road: Your Gateway to Opportunity and Growth Warehouse opportunity at 40-106 700 Shawnigan Lake Road. Located in the esteemed Malahat Industrial Center, this property is a prime canvas for entrepreneurs and businesses looking to establish themselves in a strategic, central location with seamless access to Victoria and up-island destinations via the Trans-Canada Highway. Flexible Zoning for Diverse Uses This property boasts I-1A Light Industrial zoning, a designation that allows for a broad spectrum of enterprises. Whether you're dreaming of a manufacturing space, a warehouse, or another light industrial venture, this zoning provides the flexibility to suit your specific needs. Shawnigan Lake’s A-1 zoning further highlights the area’s appeal, supporting agriculture-related businesses alongside industrial uses, making it ideal for hybrid ventures. Modern and Functional Design This recently constructed 2,100 sq. ft. warehouse features an open floor plan with a mezzanine area upstairs, perfect for customizable workspaces. The end-unit layout offers additional privacy and ample natural light, creating an inviting and productive environment. With its interesting design, the space allows for creative adaptations to meet various operational requirements. Strategic Investment Opportunity Whether you're looking to launch your business or secure a holding property for leasing purposes, this warehouse is ready for immediate possession. Its prime location and modern amenities ensure strong leasing potential in a growing community. Ampel Parking and Accessibility The end-unit advantage provides abundant parking space, making it convenient for employees, clients, or tenants. The property’s easy access to major transportation routes adds to its practical appeal. (id:39198)
The listing brokerage and/or agent is Coldwell Banker Oceanside Real Estate
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
$3,108 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$519,920
Total Interest Payments
$320,563
Total Payment (Principal + Interest)
$840,483
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Realtors
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.