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1875 Sooke Lake Rd
ML Shawnigan Shawnigan Lake V0R 2W3

$3,999,900
Commercial Sale

Main Photo: 1875 Sooke Lake Rd in Shawnigan Lake: ML Shawnigan Multi Family for sale (Malahat & Area)  : MLS®# 889722
Photo 1: 1875 Sooke Lake Rd in Shawnigan Lake: ML Shawnigan Multi Family for sale (Malahat & Area)  : MLS®# 889722
Photo 2: 1875 Sooke Lake Rd in Shawnigan Lake: ML Shawnigan Multi Family for sale (Malahat & Area)  : MLS®# 889722
Photo 3: 1875 Sooke Lake Rd in Shawnigan Lake: ML Shawnigan Multi Family for sale (Malahat & Area)  : MLS®# 889722
Photo 4: 1875 Sooke Lake Rd in Shawnigan Lake: ML Shawnigan Multi Family for sale (Malahat & Area)  : MLS®# 889722
Photo 5: 1875 Sooke Lake Rd in Shawnigan Lake: ML Shawnigan Multi Family for sale (Malahat & Area)  : MLS®# 889722
Photo 6: 1875 Sooke Lake Rd in Shawnigan Lake: ML Shawnigan Multi Family for sale (Malahat & Area)  : MLS®# 889722
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
889722
55 BEATUFIUL ACRES-Active gravel mining operation well located close to Victoria. 55 acres with approximately 6 to 7 million tons of high-quality aggregate to be mined, crushed, and sold. Current operator can stay, or the new owner may wish to operate on their own. All mining permits in place and the current lease agreement returns a revenue of $1.50 per tonne to the landowners with a minimum monthly quota to be met by the operator. Additional revenue can be generated as the property is an approved fill site. Current owners believe there is an opportunity to apply for rezoning, potentially to an industrial use. Contact the LS for further details on the permits, lease agreement, geological studies etc. Creative financing may be available to the right Buyers.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Land
Lease Type:
See Remarks
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
ML Shawnigan, Malahat & Area
Bathrooms:
- (Full:-/Half:-)
Lot Size:
55 acre(s)
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
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:
Duncan Rural (765)
Legal Description:
Units in Building:
Units in Community:
Total Units:
Date Listed:
Nov 05, 2021
Original Price:
3999900.0
  • Photo 1: 1875 Sooke Lake Rd in Shawnigan Lake: ML Shawnigan Multi Family for sale (Malahat & Area)  : MLS®# 889722
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  • Photo 2: 1875 Sooke Lake Rd in Shawnigan Lake: ML Shawnigan Multi Family for sale (Malahat & Area)  : MLS®# 889722
    Photo 2 of 6
  • Photo 3: 1875 Sooke Lake Rd in Shawnigan Lake: ML Shawnigan Multi Family for sale (Malahat & Area)  : MLS®# 889722
    Photo 3 of 6
  • Photo 4: 1875 Sooke Lake Rd in Shawnigan Lake: ML Shawnigan Multi Family for sale (Malahat & Area)  : MLS®# 889722
    Photo 4 of 6
  • Photo 5: 1875 Sooke Lake Rd in Shawnigan Lake: ML Shawnigan Multi Family for sale (Malahat & Area)  : MLS®# 889722
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  • Photo 6: 1875 Sooke Lake Rd in Shawnigan Lake: ML Shawnigan Multi Family for sale (Malahat & Area)  : MLS®# 889722
    Photo 6 of 6
Listed by RE/MAX Camosun
Data was last updated January 20, 2022 at 04:05 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$1,124,500
Min list price:
$125,000
Max list price:
$14,800,000
Avg days on market:
67
Min days on market:
38
Max days on market:
690
These statistics are generated based on the current listing's property type and located in Malahat & Area. Average values are derived using median calculations.

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Don Taylor
Cell: 2504185199
Office: 2507443301
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.