2261 9 Avenue Southwest
Salmon Arm, British Columbia
FOR SALE
Property details
- Lot size 1.504 acres (65,514 SF)
- Listing price $1,600,000 ($1,063,830 per acre)
- Zoning C5 - Tourist Commercial Zone
- OCP designation Commercial Highway Service/Tourist (opportunity to rezone to C3 service commercial offering a wide variety of uses and development potential)
- Current improvements Manufactured home community
- Ownership status Asset sale
- Financing Treat as clear title
Opportunity
Avison Young is pleased to market for sale 2261 10 Avenue Southwest, Salmon Arm, BC (the “Property”). The Property benefits from the 1.0 km highway widening from two to four lanes between 10th Avenue SE and 10th Street SW. The Property is currently improved with a manufactured home community, Village West Mobile Home Park, and is zoned C-5. As per the Salmon Arm Official Community Plan, the Property is designated Commercial Highway Service/Tourist, offering the opportunity to rezone to C3 service commercial offering a wide variety of uses.
Investment highlights
- Large 1.504 acre development site
- Highway 1 frontage ideal for businesses
- Holding income from the 11 pad Village West Mobile Home Park
- Variety of uses under the C-5 and C-3 zoning including mini-warehousing, hotel/motel, restuarant, retail and more
- Road expansion and upgraded intersection benefit the property
- Vendor financing available (please contact listing agents)
