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771 GIBSONS WAY, Gibsons
Gibsons
Vacant Land
$7,998,000
For sale
0 BEDS
0 BATHS
21117 sqft

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Description

Incredible investment potential! This landmark shopping plaza boasts 21,117 sq ft of retail/office space, strategically located on a prime corner lot in Gibsons. With long-term tenants, including the Salvation Army, stability is assured. Zoned as C1 Upper Gibsons Commercial, it allows for mixed-use development with the potential for up to 26,000 sq ft of retail/office space and and 36,000 sq ft per floor of residential for two floors. Recent approvals of similar properties signal potential to expand up to six floors. The location of this property ensures incredible views from all levels of the residential units. Hold for solid rental income while unlocking the full development potential of this strategic property. Phase 1 Environmental complete. Call today for a full information package.

General Info

C8064275
1986
45242 sqft
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Purchase Amount $ 7,998,000
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CITY 2 CITY REAL ESTATE SERVICES
771 GIBSONS WAY, Gibsons
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