39
$1,275,000 Sale
Listed 20 hours ago
13014 97 Highway
· 4
· 1.5
· 0
· 2003
Key Facts
Key facts for 13014 97 Highway
Property Type
House, Other
Parking
Garage: No, 0 parking
MLS #
10405445
Size
2003 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1955
Maintenance Fee
-
Description
Prime development opportunity at 13014 Hwy 97, Summerland! This 0.79 Acre highway-fronting parcel offers excellent visibility and is ideally located next to a thriving retail hub including IGA, Dairy Queen, Summerland Liquor, RBC Bank, Dollarama and more! The property features an older but well-main...tained home and detached workshop/garage in good condition, making it an excellent holding property while future development plans are finalized. Currently zoned RU2, the lot presents strong potential for multi-family housing development. Adding to its appeal, the OCP designation for this parcel is Gateway Commercial — the same designation as the neighbouring IGA — significantly increasing the likelihood of successful rezoning to a commercial classification such as CB1, CB2, or MX1. This parcel is well-positioned for rezoning approval given its alignment with the municipality's future land-use vision and its proximity to existing commercial zoning. Whether pursuing multi-family residential construction under current zoning or exploring commercial redevelopment down the road, this is a rare opportunity to secure a strategic, income-producing property with multiple paths to maximize long-term value in growing Summerland! (id:10452)
Room Types
3pc Bathroom
-
Measurements not available
0 sqft
Bedroom
-
Dimensions 10'11'' x 11'9''
128.27 sqft
Bedroom
-
Dimensions 11'9'' x 8'2''
95.96 sqft
Similar Properties (No results)
Listing courtesy of: RE/MAX Orchard Country
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.