Commercial property for sale

1920 Peninsula Rd, Ucluelet

$3,490,000 or
$3,490,000 or

Commercial property for sale

1920 Peninsula Rd, Ucluelet

Features

Lifestyle
954360 3490000 /en/commercial-property~for-sale~ucluelet/954360?view=Summary /en/commercial-property~for-sale~ucluelet/954360/photos 48.9441400000 -125.5541200000 true
Lot Size
55,972 sqft
Gross Property Tax
$13,213 /year
View
Mountain(s), Ocean
Additional Features
Central Location, Cleared, Easy Access

Description

Large 1.28 Acre commercial lot for sale in Ucluelet at 1920 Peninsula Rd. This prime location on the main commercial corridor offers stunning mountain views overlooking the Boat Basin. The lot is already cleared, surveyed, and zoned CS-2, with a long list of permitted uses. This flexibility allows a purchaser to pursue their own project or continue with the mixed-use project that has already received district approvals. The approved plans for the first phase of development include a ground floor with 8 food stalls/retail spaces, public bathrooms, a manager's office, and a lobby for guest check-ins. The second floor is designed for 17 nightly rental units. The lot also allows for 42 parking stalls, 3 food trucks, and room for a second phase build to the rear. In addition to these options, the seller is open to a like-minded investor sharing in this great development opportunity through a partnership. Site investigations have been completed, reducing the guesswork for a buyer who wishes to continue with the previous plan or take over and move forward with new ideas. FAR=.6 which is app 33,000sft of net floor area! Max lot cov=50%. For more information on this exciting opportunity, please call Krista Prior 250 730 5444.
MLS® Number 954360

Listing REALTOR®

Krista Prior, REALTOR<sup>®</sup>

Krista Prior

REALTOR®

460 Realty Inc. (UC)

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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