BC > Gabriola Island
Gabriola Island, BC V0R 1X0,501 North Rd
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Dallas King

Dallas King

+1(250) 858-5465
$1,089,000
Est. payment /mo
3.77 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 970609

Rental Info Unrestricted

Year Built 1949

Annual Tax Amount $2,329

Tax Year 2023

Lot Size 3.770 Acres

Acres 3.77

Property Sub-Type Unimproved Land

Property Description

GABRIOLA FUTURE DEVELOPMENT POTENTIAL. This 3.77 acre property borders the Village Centre, Gabriola's main commercial area. Although presently zoned residential, the owner has been working with planning and Islands Trust on a development plan which would take this property to its highest and best use with much needed commercial and residential expansion. The property does have an old house and large storage building as well as a newly drilled well, but is being sold as is where is, as the true value of this investment is the development potential upon the favoured rezoning. This property boasts unprecedented frontage along the village's two main roads which allows for unlimited design plan. Whether investing to move forward or land banking, a property such as this is a rare asset on a extremely accessible island.

Location

Province BC

County Nanaimo Regional District

Area Islands

Zoning LRR

Exterior

Parking On Site 1

Others

Pets Allowed Yes

Tax ID 003-329-372

Ownership Freehold

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Listed by Macdonald Commercial Real Estate Services Ltd.
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+1(250) 858-5465

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