Looking for development/commercial opportunities, in Ganges (seaside) Village? Here are some thoughts:
Two adjacent buildings, with parking lot behind (131 and 135 McPhillips Avenue) are for sale, as a unit, asking: 1.1 million for the two together. Zoned commercial, and with good tenants in place, who look after everything themselves, the highest and best use for these two adjacent commercially zoned parcels is a redevelopment. McPhillips is a busy side street, with two coffee houses, two bookstores, a computer/photography/desktop publishing business, a Credit Union, and a Library as some of the good tenants on this one way street. Close to the park (Saturday Market!) and to ArtSpring, this is a great location, waiting for your good development plans. (www.liread.com/1606.htm)
Another option is 108 Jackson Avenue, with Phoenix School as the current tenant, and adjacent to the AutoPro location. It's is within the Ganges Core area, designated for commercial/retail/living above, and one simply needs to go for the rezoning to one's own plans. The Village is quickly filling in, from the seaside road (Lower Ganges Road), up Hereford and McPhillips Roads, and thus Jackson (which is the "rear road" of the Village's boundaries) is ripe for development. (www.liread.com/1554.htm)
The third is Lot 2, Fulford-Ganges Road, at the corner of Drake and Fulford-Ganges Roads, and with a "driveway access" onto Seaview Road, just before ArtSpring. One can also access the parcel off Drake. This has the highest commmercial zoning on the Island...many options for here! Would be able to get an oceanview over Ganges Harbour from this location, too. Call for details! Again, an excellent holding property. (www.liread.com/1605.htm)
The boundaries of Ganges Village are "fixed" -- the town cannot expand beyond same, and so to own property, with commercial zoning, in the Village seaside core, is a valuable item. It is not possible to turn residentially zoned property into commercial. The Islands Trust designated what would be commercially zoned, back in 1974. The Trust's no-growth policy is what creates the value to such commercial zoning, then, regardless of what is in place at the moment.
See Li for more information! (liread33@gmail.com)
How may I help you to discover special Salt Spring Island & the Southern Gulf Islands? Call me!
