High Density Lakefront Development site with a marina operation in Sicamous, BC (half-way between Calgary & Vancouver). Upland parcel is 2.55 acres & zoned for a Multi-Unit structure allowing residential uses. Local District studies on housing stock show supply & demand opportunities - contact agent for report. Original plans & permits were taken out for a 67 unit, 3 building condo structure with marina skip for each unit & short-term rentals allowed - all related permits have since expired. Marina needs reconfiguration. The District is very cooperative to ideas for development. There is a DCC credit to be carried over to new owner/developer of $209,777. Remaining from this previously unbuilt venture is a 62,000sf concrete underground parking garage with 162 stalls. This structure serves as a potential income stream/storage complex in the pre-development stage & later providing cost savings for development. Foreshore area in front of the land covers 1.6 acres in the Sicamous Narrows. (id:44574)
MLS® Number | 10305828 |
Property Type | Vacant Land |
Neigbourhood | Sicamous |
Road Type | Paved Road |
View Type | Lake View, Mountain View |
Water Front Type | Waterfront On Lake |
Type | Other |
Utility Water | Municipal Water |
Acreage | Yes |
Current Use | Development Residential |
Size Irregular | 2.55 |
Size Total | 2.55 Ac|1 - 5 Acres |
Size Total Text | 2.55 Ac|1 - 5 Acres |
Surface Water | Lake |
Zoning Type | Unknown |
Sewer | Available |
https://www.realtor.ca/real-estate/26571163/630-riverside-avenue-sicamous-sicamous
Contact us for more information
Matthew Cameron
(604) 664-7630
(604) 516-6504
www.landquest.com