REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,500,000
Est. payment | /mo
0.55 Acres Lot
$ 1,500,000
Est. payment | /mo
0.55 Acres Lot
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Merritt
MLS® Listing ID 10361744
Year Built 1959
Lot Size 0.550 Acres
Acres 0.55
Property Sub-Type Freehold
Source Association of Interior REALTORS®
Property Description
Development Opportunity – C6 Zoning | Approved for 6 Storeys. This prime corner site in the heart of the city offers a rare opportunity for redevelopment under C6 – City Centre zoning. The property has already been approved for a six-storey building and consists of four contiguous 50' x 120' lots, providing ample space for a significant project. With excellent corner exposure, highway frontage, and two additional points of access, this site is ideally positioned for visibility and convenience. There is currently a tenanted home on one of the lots, offering holding income while future plans are underway. Build to Suit options are also available, allowing flexibility for developers or investors to align the project with their vision. C6 zoning allows for a wide range of uses, including multi-unit residential apartments or townhomes, retail, office, food establishments, hotel, and entertainment. With its prime location, zoning flexibility, and strong growth potential, this property represents an exceptional opportunity to secure a large, highly visible city center site with outstanding future upside. LISTED BY RE/MAX LEGACY. (id:24570)
Location
Province BC
Zoning Mixed
Rooms
Kitchen 0.0
Interior
Heating See remarks
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Private Pool No
Building
Lot Description Level
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX Legacy
"Every home has a sweet story."