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$1,110,000
Est. payment /mo
0.38 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type Asset
MLS Listing ID C8076323
Year Built 1971
Lot Size 0.380 Acres
Property Description
Redevelopment opportunity in Upper Gibsons! This 0.38 property is currently zoned PI-2 – Public Institutional Upper Gibsons Zone, which allows for multifamily rental development with a height of up to 20m, potentially supporting over 30 units as well as, office, arts and culture, and medical uses. With excellent exposure to both local and highway through-traffic, this centrally located, transit-oriented property offers significant potential. As well, the existing building, while older, is leasable and is currently operated as a retail store. With approx. 3,600sf of ground floor retail space plus a second floor offering storage space and a possible residential suite, there is the potential for strong holding income while solidifying your development plan!
Location
Province BC
Community Gibsons & Area
Area Sunshine Coast
Zoning P1-2
Interior
Heating Space Heater
Exterior
Utilities Available Cable at Lot Line, Curb/Gutter, Electricity Connected, Fully Serviced, Garbage Collection, Natural Gas Connected, Phone Connected, Sidewalk, Sanitary sewer at LotLine, Storm Sewer at Lot Line
Roof Type Asphalt
Street Surface Paved
Total Parking Spaces 12
Building
Story 2
Sewer Public Sewer
Water Public
Others
Restrictions None Known
Ownership Freehold
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