702 Alder St

Offered at: $750,000

MLS®: 974959

This OCEAN VIEW multi-residential development property with RM-3 zoning is in an excellent central Campbell River location, overlooking the city and Discovery Passage. It’s just a few blocks from downtown, the marina, Fishing Pier, Shoppers Row, shopping, restaurants, and recreation facilities. The City has approved a Development Permit for a two-story, eight-unit development, including seven two-bedroom units and one one-bedroom unit, each with a private balcony or patio. Most units will feature ocean views or partial ocean views. The RM-3 zoning is perfectly suited for medium to high-rise residential buildings. This corner property is flat, easy to build on, and fronts two roads, with lane access at the back. It’s an ideal site with all services available.

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Property Type:
 Commercial Sale
Home Ownership:
Freehold

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Office: 250-334-3124