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:47421)
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Detailed Information
Total Area
21,117 ft2
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
C1 UPPER GIBSONS COM
Building
Constructed Date
1986
Utilities
Type
Description
Water
At Lot Line
Natural Gas
Available
Land
Total Size
45242 square feet
Acreage
Yes
Size of Irregular Land
45242
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