Opportunity is knocking in the heart of Lake Country with this rare 0.60 acre property featuring C1 Town Centre Commercial zoning, offering exceptional long-term redevelopment potential. Positioned within one of Lake Country's evolving commercial corridors, the property stands to benefit from a recently approved commercial development directly across the road, consisting of four commercial buildings with a grocery store anticipated as the primary anchor tenant. C1 zoning permits a wide variety of commercial and mixed-use opportunities, including retail, professional offices, restaurants, cafés, medical clinics, personal services, and residential units above commercial space. As Lake Country continues to grow, opportunities with this level of flexibility are becoming increasingly scarce. The existing 3 bedroom plus den, 2 bathroom rancher with basement offers approximately 2,636 sq.ft. of living space and is situated toward one side of the property, creating additional flexibility for future site planning and redevelopment potential. A detached shop, ample parking, and RV access further enhance the property's functionality in the meantime. Bordering ALR lands while remaining centrally located near existing and future amenities, this property offers a unique combination of present day utility and long term upside. Hold as an investment, operate a business, pursue redevelopment, or create a live/work environment in one of Lake Country's emerging commercial hubs. (id:6289)
| Avg. asking price | $1,523,197 |
| Price per sq. ft. | $561 |
| Median price | $968,000 |
| Number of homes for sale in Lake Country South West | 131 |
| Number of homes for sale in Lake Country | 278 |
| Avg. Days on Market | N/A |
Other
Lake Country, British Columbia
Unlock A Prime Development Opportunity In The Heart Of Lake Country's Town Centre! This Property Has C1 Zoning, Aligning With The Official Community Plan's Vision For Mixed-use Residential Development. Planning Officials Have Indicated That ...(more)
Other
Lake Country, British Columbia
Unlock A Prime Development Opportunity In The Heart Of Lake Country's Town Centre! This Property Has C1 Zoning, Aligning With The Official Community Plan's Vision For Mixed-use Residential Development. Planning Officials Have Indicated That ...(more)
