$3,490,000
FOR SALE

Commercial/Retail

1920 Peninsula Rd
Ucluelet, BC V0R 3A0

Large 1.28 Acre commercial lot for sale in Ucluelet at 1920 Peninsula Rd. This prime location on the main commercial corridor offers stunning mountain views overlooking the Boat Basin. The lot is already cleared, surveyed, and zoned CS-2, with a long list of permitted uses. This flexibility allows a purchaser to pursue their own project or continue with the mixed-use project that has already received district approvals. The approved plans for the first phase of development include a ground floor with 8 food stalls/retail spaces, public bathrooms, a manager's office, and a lobby for guest check-ins. The second floor is designed for 17 nightly rental units. The lot also allows for 42 parking stalls, 3 food trucks, and room for a second phase build to the rear. In addition to these options, the seller is open to a like-minded investor sharing in this great development opportunity through a partnership. Site investigations have been completed, reducing the guesswork for a buyer who wishes to continue with the previous plan or take over and move forward with new ideas. FAR=.6 which is app 33,000sft of net floor area! Max lot cov=50%. For more information on this exciting opportunity, please call Krista Prior 250 730 5444. (id:47421)
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Listed By 460 Realty Inc. (UC)
Data Provided By Vancouver Island Real Estate Board
MLS® Listing Number 954360
Last Updated Feb 27, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Neighbourhood Ucluelet
Price History

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Detailed Information
Features Central location, Partially cleared, Other
Listing Contract Date 2024-02-27
Municipal ID 005-679-222
Ownership Type Freehold
Property Type Other
Transaction Type For sale
Views Mountain view, Ocean view
Zoning Unknown
Building
Type Commercial Mix
Land
Total Size 1.28 acres
Acreage Yes
Size of Irregular Land 1.28

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