$675,000
USE OF PROPERTY IS CURRENTLY RESIDENTIAL. CURRENTLY MONTH TO MONTH LEASE. COMMERCIAL LISTING IS TO HIGHLIGHT C-2 ZONING POTENTIAL IN A HIGH TRAFFIC AREA. Set in the heart of Eastern Passage, 87 Cow Bay Road presents a commercial or development opportunity in one of the areas most active growth corridors. Zoned C2, this property invites forward-thinking investors, developers, or owner-operators to explore a wide range of potential usesfrom boutique retail or service-based ventures to multi-unit residential or mixed-use redevelopment (subject to buyer-obtained municipal approvals). Currently a single family home that rents for $2400/month in rental income, the existing structure could provide income while plans or approvals are explored for future intensification. Situated beside a 24-unit apartment building, the high-visibility location enhances the propertys commercial appeal. Enjoy proximity to beaches, walking trails, shops, schools, and local amenitiesoffering an exceptional blend of community character and development potential. Whether youre seeking a strategic hold, a live/work configuration, or a redevelopment site, this versatile parcel provides the framework to realize your next vision. (id:36938)
Business
|
Business Type
|
Residential |
|
Business Sub Type
|
Residential |
Property Details
|
MLS® Number
|
202527184 |
|
Property Type
|
Other |
|
Neigbourhood
|
Briarwood |
|
Community Name
|
Eastern Passage |
|
Amenities Near By
|
Public Transit, Shopping |
|
Community Features
|
High Traffic Area |
Building
|
Constructed Date
|
1989 |
|
Construction Material
|
Concrete Walls |
|
Flooring Type
|
Other |
|
Total Finished Area
|
2688 Sqft |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Fence Type
|
Partially Fenced |
|
Land Amenities
|
Public Transit, Shopping |
|
Land Disposition
|
Fenced |
|
Size Irregular
|
0.3512 |
|
Size Total
|
0.3512 Ac |
|
Size Total Text
|
0.3512 Ac |
https://www.realtor.ca/real-estate/29061726/87-cow-bay-road-eastern-passage-eastern-passage