21117 sqft
Acreage
$7,998,000
Incredible investment potential! This landmark shopping plaza boasts 21,117 sq ft of retail/office space, strategically located on a prime corner lot in Gibsons. With long-term tenants, including the Salvation Army, stability is assured. Zoned as C1 Upper Gibsons Commercial, it allows for mixed-use development with the potential for up to 26,000 sq ft of retail/office space and and 36,000 sq ft per floor of residential for two floors. Recent approvals of similar properties signal potential to expand up to six floors. The location of this property ensures incredible views from all levels of the residential units. Hold for solid rental income while unlocking the full development potential of this strategic property. Phase 1 Environmental complete. Call today for a full information package. (id:46227)
Property Details
MLS® Number
|
C8064275 |
Property Type
|
Vacant Land |
Building
Constructed Date
|
1986 |
Size Interior
|
21117 Sqft |
Land
Acreage
|
Yes |
Size Irregular
|
45242 |
Size Total
|
45242 Sqft |
Size Total Text
|
45242 Sqft |
Zoning Description
|
C1 Upper Gibsons Com |
Utilities
Water
|
At Lot Line |
Natural Gas
|
Available |
https://www.realtor.ca/real-estate/27618787/771-gibsons-way-gibsons