771 Gibsons Way

For Sale 305 Days
$7,998,000

771 Gibsons Way

For Sale 305 Days
$7,998,000

Highlights

Key insights

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. (id:55581)

Janai York of Sotheby's International Realty Canada,
#C8064275
updated 3 months ago.
Houseful checked MLS® for data 3 months ago.

Home overview

Lot/ Land Details
  • Lot dimensions
    45242
Overview
  • Lot size (acres)
    1.0630169
  • Building size
    21117
  • Listing #
    C8064275
  • Property sub type
    Land
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/27618787/771-gibsons-way-gibsons
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-21,328

/ Month
25 Years fixed, 20% down payment, % interest
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