Dave Kotler
Real Estate Professional
Questions? Call: 778-721-8184
High Density Lakefront Development site with a marina operation in Sicamous, BC (half-way between Calgary & Vancouver). Upland parcel is 2.55 acres & zoned for a Multi-Unit structure allowing residential uses. Local District studies on housing stock show supply & demand opportunities - contact agent for report. Original plans & permits were taken out for a 67 unit, 3 building condo structure with marina skip for each unit & short-term rentals allowed - all related permits have since expired. Marina needs reconfiguration. The District is very cooperative to ideas for development. There is a DCC credit to be carried over to new owner/developer of $209,777. Remaining from this previously unbuilt venture is a 62,000sf concrete underground parking garage with 162 stalls. This structure serves as a potential income stream/storage complex in the pre-development stage & later providing cost savings for development. Foreshore area in front of the land covers 1.6 acres in the Sicamous Narrows. (id:6289)
| Avg. asking price | $674,605 |
| Price per sq. ft. | $326 |
| Median price | $484,000 |
| Number of homes for sale in Sicamous | 130 |
| Number of homes for sale in Sicamous | 89 |
| Avg. Days on Market | N/A |
Vacant Land
Sicamous, British Columbia
Investor Alert - Incredible Potential For Development! Considering The Various Zoning, Abundant Quality Timber, Year-round Water, Southern Exposure & Breathtaking Views. Heritage Farms - Third Generation Ownership. Property Includes Four Ti ...(more)
