ACCEPTED OFFER S/O 05/21/24 - Discover an exceptional real estate opportunity with this 0.55-acre property, partially fenced and strategically located within the Bell McKinnon Local Area Plan, a prime growth and development zone designated by the Municipality of North Cowichan. Boasting C2 zoning, this property presents endless possibilities for businesses with its current allowance of 100% lot coverage. The existing office building comes with abundant parking and a bonus one-bedroom apartment, offering an attractive rental income potential. The property is turnkey and conveniently situated just a short stroll away from the Cowichan Commons shopping center. The seller has recently secured an Approved Development Permit to construct a new accessory building spanning 2817 sqft. The proposed site coverage is a modest 19.2%, well below the allowed 100%, providing room for expansion and further development. Act now to seize this lucrative investment opportunity, this is priced to sell. (id:47421)
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Detailed Information
Features
Level lot, Partially cleared, Other, Pie
Listing Contract Date
2024-01-15
Municipal ID
000-132-462
Ownership Type
Freehold
Plan
11255
Property Type
Other
Transaction Type
For sale
Zoning Description
C2
Zoning
Unknown
Building
Cooling Type
None
Fire Protection
Fire alarm system
Size (Exterior)
1800 square feet
Type
Commercial Mix
Land
Total Size
0.55 acres
Size of Irregular Land
0.55
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