771 GIBSONS WAY, Gibsons

2024-05-01
 

Quick Summary

Location
771 GIBSONS WAY, Gibsons, British Columbia V0N1V9
Price
$7,990,000 CAD
Status:
For Sale
Property Type:
Vacant Land
Area:
21117ft2
Year of Construction:
1986

MLS®#C8059672

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. (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 21117 sqft

Land

  • Land Size: 45242 sqft

Zoning

  • Description: C1 UPPER GIBSONS COM

Information entered by Sotheby's International Realty Canada
Listing information last updated on: 2024-05-01 23:53:18


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$500,000

Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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