2892 Trans Canada Highway

Victoria Langford V9B 6H6

2.74 ACRES – ZONED COMMERCIAL. This remarkable property, with its setting and location within the Capital Regional District, represents a solid investment opportunity. The onsite retail business, dba Ice Cream Mountain, requires minimal management and generates an attractive holding income while plans are formalized for redevelopment. The ownership structure is conducive to consider either a Share or Asset Purchase / Sale transaction. The total parcel size is +/- to 119,361 sq. ft of level land boasting second growth timber and a seasonal creek running along the north property line. The highway frontage is over 300 feet. The current zoning for the property has +/- 34,848sq. ft. zoned C-3 allowing for a multitude of permitted uses including Hotels, Shopping Centres, Office, Wholesale / Retail and more. The remaining portion is zoned P-3, accessory buildings, structures, works yard, etc. An upside for this investment opportunity is the potential to rezone the entire parcel to accommodate an innovative redevelopment proposal in line with the City’s vision for the area.