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:4069)
Address
771 GIBSONS WAY
List Price
$7,998,000
Property Type
Vacant Land
Area
British Columbia
Sub-Area
Gibsons
Floor Area
21,117 Sq. Ft.
Lot Size
45242 Sq. Ft.
Year Built
1986
MLS® Number
C8064275
Listing Brokerage
Sotheby's International Realty Canada
Postal Code
V0N1V9
Zoning
C1 UPPER GIBSONS COM
