Commercial Land for sale

551 Edkins Street, Quesnel - Town, Quesnel

$315,000 or
$315,000 or

Commercial Land for sale

551 Edkins Street, Quesnel - Town, Quesnel

Features

Lifestyle
224969237 315000 /en/commercial-land~for-sale~quesnel-town-quesnel/224969237?view=Summary /en/commercial-land~for-sale~quesnel-town-quesnel/224969237/photos 52.9809500000 -122.5059000000 true
Year Built
1949
Lot Size
60,031 sqft
Gross Property Tax
$3,226.50 /year
Building Type
See Realtor Remarks
Zoning
C-2A/CR2
Permitted Land Use
Mixed Use
Water Supply
Municipal
Sewer/Septic
Municipal/Community
42

Description

551 Edkins St. & 565 N. Fraser Dr. Tremendous investment opportunity. Commercially zoned land for mixed use commercial and residential just under 1.4 acres and a rental (home) that could be office. Mixed use Commercial/Residential Property With holding income that will gross about 9% of purchase price. City indicates that they will permit development to apartment building and have said they will include property in their 10-yr. tax holiday and DCC abatement for rental apartment buildings to this land along with the DCC exemption. This site could have commercial on the main and apartments over. It will likely support the development of 55 apartment units. Vacancy rate in Quesnel at this time is 0.7% Clean house well-structured house ready for rental on property that will deliver holding income while development is approved. Zoning permits mini-storage, care facility, or retail. Property includes 7 separate titles, bisected by gazetted road allowance.
MLS® Number C8064168

Listing REALTOR®

Bob Scragg, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Bob Scragg

REALTOR®, Personal Real Estate Corporation

Macdonald Commercial Real Estate Services Ltd.

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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