Prime time location for this .90 acre MU-2 property In Courtenay City core. Ripe for redevelopment this gently sloping site sets up perfectly for Infill development and mixed use, both commercial/resldentlal rentals or build-out and sale. Extremely high traffic location on Cliffe Ave with 3 Ingress points from 12th street and Cliffe. City of Courtenay has very proactive property tax Incentives for redevelopment with 5 year tax exceptions (ask listing agent) and current owners have done some exploratory work with architect for mixed use designs for the site. Phase 2 completed and on file (ask your agent). Stunning amount of parking on site plus bus routes, bike lanes, shopping, restaurants and retail in direct area. Views from upper floors will be fantastic (main floor commercial with multi-floor residential up) and this fits perfectly within the City of Courtenay's updated OCP. Call your agent today.
Data was last updated December 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$892,500
Min list price:
$149,900
Max list price:
$6,900,000
Avg days on market:
107
Min days on market:
7
Max days on market:
330
These statistics are generated based on the current listing's property type
and located in
CV Courtenay City. Average values are
derived using median calculations.