Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$8,000,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Located at 1806 San Juan Avenue in Saanich, BC, this 2.02-acre corner property is a prime redevelopment opportunity in the desirable Gordon Head neighbourhood. Currently home to a well-maintained church with 8861 finished sqft and annex building, the site offers potential for mixed-use residential development, including townhouses, commercial spaces, and multifamily units. Its sloping topography has been incorporated into preliminary development plans, and the property benefits from excellent accessibility to schools, parks, and commercial hubs. While redevelopment presents the highest value, the existing church structure is well-suited for adaptive reuse, such as continued religious use or transformation into a community hub. Surrounded by a mix of residential and institutional properties, the site aligns with local planning guidelines and market trends, making it a strong candidate for urban renewal and community-serving initiatives. (id:39198)
Location
Province
British Columbia
City
Saanich
Address
San Juan
Postal Code
V8N2H9
Location Highlights
N/A
Listed by
Rennie & Associates Realty Ltd. British Columbia listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
8,861
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Yearly Rate
$8,000,000
Asking Price
$8,000,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
8,861
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
