Development lot (50x100 or 0.13 acres) surrounded by other great businesses. Located in one of the recently rezoned commercial areas of Vernon, this home presents an opportunity to build Medium Scale Multi-Use Housing currently with a requirement for 5 dwelling units or more, plus a commercial component. This zone can accommodate projects up to 8 storeys in height (aka apartment buildings with commercial at the ground floor). There are discussions at the City to increase flexibility for property owners and make it easier to redevelop properties. They are proposing to remove the requirement for a commercial component and lowering the minimum density to allow a 4 plex in this location. Home needs to be removed. (id:4069)
Address
2705 37 Avenue
List Price
$459,000
Property Type
Other
Type of Dwelling
Residential Commercial Mix
Area
British Columbia
Sub-Area
Vernon
Floor Area
1,089 Sq. Ft.
Lot Size
0.13 Ac.
MLS® Number
10337633
Listing Brokerage
RE/MAX Vernon
Postal Code
V1T2X6
