Commercial property for sale

9727-9745 Elm St, Chemainus

$2,400,000 or
$2,400,000 or

Commercial property for sale

9727-9745 Elm St, Chemainus

Features

Lifestyle
908628 2400000 /en/commercial-property~for-sale~chemainus/908628?view=Summary /en/commercial-property~for-sale~chemainus/908628/photos 48.9206400000 -123.7208200000 true
Lot Size
344,124 sqft
Gross Property Tax
$4,659.83 /year
Zoning
P1
Additional Features
Family-Oriented Neighbourhood, Level, Park Setting, Recreation Nearby, Rectangular Lot, Shopping Nearby
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Description

This well-located property provides an opportunity to develop a medium-density residential community within the town of Chemainus, British Columbia. The land available for purchase is approx 6 acres in area. Property is level and rectangular in shape. A portion of the property is in forest without development. The property contains a school and school yard including a sports field. The school is a two-storey building of about 21,800 sq ft. in area. Access to the property is from Elm Street, above Chemainus Road. This is an area of single-family homes and is across Elm Street from the Chemainus baseball fields. The new Official Community Plan for the area designates the property as 'Village Residential", which increases residential density to include multi-family buildings of 3 to 5 storeys in height, and allows neighbourhood commercial uses.
MLS® Number 908628

Listing REALTOR®

Randall Taylor, REALTOR<sup>®</sup>

Randall Taylor

REALTOR®

NAI Commercial Central Vancouver Island 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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