510-520 Wallace & 825 5th Street Hope, British Columbia V0X 1L0
$899,900
VERY GOOD COMMERCIAL DEVELOPMENT OR HOLDING PROPERTY AT THE CORE OF HOPES DOWNTOWN COMMERCIAL DISTRICT. JUST OVER 1/2 AN ACRE IN AREA THE PROPERTY HAS 160' OF FRONTAGE ON WALLACE ST (THE MAIN COMMERCIAL STREET), 139' ON 5TH AVE AND LANE ACCESS AT BACK. CBD (DOWNTOWN COMMERCIAL) ZONING ALLOWS FOR MOST RETAIL OR BUSINESS USES, MOTEL, UPPER FLOOR ACCESSORY DWELLINGS WITH MAIN FLOOR COMMERCIAL USE, HIGH DENSITY MULTI FAMILY BUILDING (APARTMENTS), AMONG A LONG LIST OF OTHERS. ZONING ALSO ALLOWS 100% SITE COVERAGE, 49' MAXIMUM BUILDING HEIGHT AND SUBDIVISION INTO 2152 SQ FT LOTS. THREE EXISTING HOMES ARE RENT-ABLE AND MAKE THIS A GREAT HOLDING PROPERTY. GREAT LOCATION, GREAT POTENTIAL IN A COMMUNITY WITH A RISING COMMERCIAL MARKET. ONE OF THE OWNERS IS A LICENSED REALTOR. (id:30433)
Property Details
| MLS® Number | C8028284 |
| Property Type | Vacant Land |
Building
| Constructed Date | 9999 |
| Fireplace Present | No |
| Utility Water | City Water |
Land
| Acreage | No |
| Size Irregular | 0.52 |
| Size Total | 0.52 Ac |
| Size Total Text | 0.52 Ac |
https://www.realtor.ca/PropertyDetails.aspx?PropertyId=21204508
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Chilliwack & District Real Estate Board
21204508
October 03 2019 12:41:01
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