1305 BATTLE ST Kamloops BC V2C 2N9

by Steven Senghera PREC*

5 STORY MIXED-USE SITE
11,982.20 SqFt Site in Kamloops

OVERVIEW
This exceptional offering represents a unique and prime opportunity to acquire a substantial expanse of 11,982.10 square feet of land, strategically positioned for versatile commercial and residential purposes. Zoned for Arterial Commercial, this property holds a coveted designation, permitting commercial users adjacent to major arterial roadways. this strategic zoning caters to the daily needs of commuters and neighboring communities, enhancing its potential for diverse and impactful development.
 
Adding to its appeal, this property is poised for a sophisticated and dynamic future, with approval for a 5 story mixed-use site. This presents an exciting prospect for investors and developers seeking to capitalize on the strategic location, favorable zoning, and the potential for a comprehensive, multi-functional development that seamlessly integrates commercial and residential components.
 

HIGHLIGHTS
  • A 5 Story Mixed-Use Site comprising a total of 25 units, presenting an attractive investment opportunity in a dynamic real estate market.
  • In Downtown Kamloops, this property is within walking distance of all amenities, eliminating the necessity for underground parking.
  • This development opportunity is approved for 5 commercial spaces and 20 residential units, offering a balanced and professionally designed mix to cater to diverse market needs.
  • It currently boasts an 8,000 square feet commercial building, providing an existing foundation for potential business ventures or redevelopment initiatives.
  • With a Floor Area Ratio (FAR) of 1.72, this property allows for a balanced and efficient use of space, presenting a favorable opportunity for development or investment in Downtown Kamloops.

This mixed-use site in Downtown Kamloops stands as a compelling investment prospect, boasting 25 units, a prime location near amenities, and approved plans for a balanced mix of commercial and residential spaces. With an existing commercial building and favorable development potential, it presents an attractive opportunity in the dynamic Kamloops real estate market.


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DISCLAIMER

Please be advised that the details provided are based on current information available and are subject to potential updates or changes. It is recommended to verify all information independently and conduct due diligence prior to making any decisions or commitments regarding the property.

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+1(604) 780-0186

steven@prestigepropertybc.com

206-12992 76 avenue, Surrey, V3W, 2V6, Canada

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