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771 GIBSONS WAY
Gibsons British Columbia V0N1V9 Canada

$7,998,000

Active Listing ID C8064275
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21,117 square feet
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Vacant Land

$7,998,000

Active Listing ID C8064275
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771 GIBSONS WAY 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:203)

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Property Features

  • Facts
  • Property Sub-type: Vacant Land
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 11/5/2024 7:05:57 PM GMT
Source Updated Date: 11/22/2024 10:09:03 PM GMT

Courtesy of: Janai York, Manley, York & Associates, Sotheby's International Realty Canada