Shovel-ready riverside development opportunity on 5.84 acres along the Somass River. Preliminary Layout Review (PLR) in hand from the City of Port Alberni for 31 bare-land strata lots - the heavy lifting is done. Zoned RM1 (Low Density Multi-Residential) so the options are wide open: build the planned 31-lot community, develop townhomes, duplexes or multi-family, hold it as one private estate acreage, or reconfigure into 8-10 larger waterfront lots from a half-acre & up sized to allow a home plus a shop. Flexibility to design for today's market & maximize returns. Thoughtfully planned community with a walking trail, river viewpoints & beach access in a natural setting. Minutes to Clutesi Haven Marina, with easy access to Sproat Lake & Tofino. Sale includes PLR plus full subdivision package: engineering reports, DFO approvals, Disclosure Statement & QS reports. Ideal for investors, builders, end-users, or developers. Buyer to confirm uses, lot configurations& density with the City. (id:59709)
| MLS® Number | 1039995 |
| Property Type | Vacant Land |
| Neigbourhood | Port Alberni |
| Features | Acreage, Other |
| Plan | Vip7012 |
| View Type | Mountain View, River View, View, Valley View |
| Water Front Type | Waterfront On River |
| Acreage | Yes |
| Size Irregular | 5.84 |
| Size Total | 5.84 Ac |
| Size Total Text | 5.84 Ac |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/29887926/5350-falls-st-port-alberni-port-alberni
Contact us for more information
Amy Francoeur
Personal Real Estate Corporation
(888) 828-8447
(888) 828-8447
(855) 624-6900