5350 Falls St Port Alberni, British Columbia V9Y 9G3

Waterfront On River Acreage

$2,750,000

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)

Property Details

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

Building

Land

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

Contact us for more information

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Amy Francoeur
Personal Real Estate Corporation

(250) 857-6704
www.amyfrancoeur.com/

Real Broker
104-909 Island Hwy
Campbell River, British Columbia V9W 2C2

(888) 828-8447
(888) 828-8447
(855) 624-6900

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