12051 No. 1 Road

PRIME RE-DEVELOPMENT SITE OF 20,074 SQUARE FEET LOCATED IN A BUSY PART OF STEVESTON VILLAGE. SITE DIMENSIONS OF 150 FEET FRONTAGE BY 134 FEET DEEP. THE SITE IS CLEARED WITH NO IMPROVEMENTS. CURRENT CITY REZONING PERMITS 3 STOREYS MIXED USE OF COMMERCIAL & RESIDENTIAL BASED ON 1.6 FAR, SUBJECT TO CITY APPROVALS. NOTE SELLER REQUIRES A RIGHT OF FIRST REFUSAL TO BUY OR LEASE BACK ANY COMMERCIAL CENTRE THAT IS DEVELOPED, SUBJECT TO THE THEN MARKET VALUE OR LEASE RATES.(Enquire with Agent for details)

Listed by Dorset Realty Group.