11
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$7,998,000
Est. payment /mo
21,117 SqFt
Active
771 GIBSONS WAY Gibsons, BC V0N 1V9
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UPDATED:
11/05/2024 05:44 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 21,117 sqft
Price per Sqft $378
Subdivision Gibsons & Area
MLS Listing ID C8064275
Year Built 1986
Annual Tax Amount $57,759
Tax Year 2023
Property Description
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.
Location
Province BC
Community Gibsons & Area
Area Sunshine Coast
Building/Complex Name Kern's Plaza
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Building
Dwelling Type Business with Property,Land Commercial
Story 2
Water Municipal
Structure Type Brick/Masonry,Concrete
Listed by Sotheby's International Realty Canada
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