1080 Hutchinson Rd
ML Cobble Hill Cobble Hill V0R 1L4

$8,700,000
Commercial Sale

Main Photo: 1080 Hutchinson Rd in Cobble Hill: ML Cobble Hill Industrial for sale (Malahat & Area)  : MLS®# 901624
Photo 1: 1080 Hutchinson Rd in Cobble Hill: ML Cobble Hill Industrial for sale (Malahat & Area)  : MLS®# 901624
Photo 2: 1080 Hutchinson Rd in Cobble Hill: ML Cobble Hill Industrial for sale (Malahat & Area)  : MLS®# 901624
Photo 3: 1080 Hutchinson Rd in Cobble Hill: ML Cobble Hill Industrial for sale (Malahat & Area)  : MLS®# 901624
Photo 4: 1080 Hutchinson Rd in Cobble Hill: ML Cobble Hill Industrial for sale (Malahat & Area)  : MLS®# 901624
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
901624
The land parcels are currently being used as rural residential (RR-3), however, the CVRD is undergoing a bylaw land use amendment to the OCP, which will change this to a “Mixed Employment” land use. The land-use amendment is expected to be complete by the spring of 2023. Under the Mixed Employment land use designation, the council favours this site as future industrial lands (I-1). The land is currently being used as rural residential and has several drilled water wells on-site as well as septic and hydro. The properties are located on the Trans Canada Highway and have access to upgrade such infrastructure services. Can be purchased with 1047 Chapman Road - MLS #901625. The properties are contiguous, offering a developer or an owner/user, a large parcel of flat land for a sizeable future industrial development Fantastic access and egress are available at the set of controlled traffic lights at Hutchinson and the Trans Canada Highway.
Property Type:
Commercial Sale
Type:
Industrial
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
ML Cobble Hill, Malahat & Area
Bathrooms:
- (Full:-/Half:-)
Lot Size:
6.67 acre(s)
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
Duncan Rural (765)
Occupancy:
Vacant
Parking Features:
On Site
Road Frontage Type:
Highway
Road Surface Type:
Paved
Date Listed:
Apr 27, 2022
Original Price:
8700000.0
  • Photo 1: 1080 Hutchinson Rd in Cobble Hill: ML Cobble Hill Industrial for sale (Malahat & Area)  : MLS®# 901624
    Photo 1 of 4
  • Photo 2: 1080 Hutchinson Rd in Cobble Hill: ML Cobble Hill Industrial for sale (Malahat & Area)  : MLS®# 901624
    Photo 2 of 4
  • Photo 3: 1080 Hutchinson Rd in Cobble Hill: ML Cobble Hill Industrial for sale (Malahat & Area)  : MLS®# 901624
    Photo 3 of 4
  • Photo 4: 1080 Hutchinson Rd in Cobble Hill: ML Cobble Hill Industrial for sale (Malahat & Area)  : MLS®# 901624
    Photo 4 of 4
Listed by Anne Tanner and Erin Glazier of Royal LePage Coast Capital - Chatterton
Data was last updated May 17, 2022 at 10:05 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$599,000
Min list price:
$149,900
Max list price:
$8,700,000
Avg days on market:
106
Min days on market:
8
Max days on market:
686
These statistics are generated based on the current listing's property type and located in Malahat & Area. Average values are derived using median calculations.
CHERYL BARNES
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.