Development Land

40668 OLSON Road
Brackendale Squamish V0N 1T0

$1,450,000
Land Commercial

Main Photo: 40668 OLSON Road in Squamish: Brackendale Land Commercial for sale : MLS® # C8015086
Prop. Type:
Land Commercial
MLS® Num:
C8015086
Status:
Active
This parcel resides within the neighbourhood of Brackendale, which in itself is famous for the largest number of bald eagles in the world. Downtown Squamish is within 10 minutes drive, and this fantastic growing neighbourhood includes many varied facilities and shopping within a very short walk. This uniquely situated land is directly adjacent to an existing 58 unit townhouse development, and is undoubtedly easily rezonable and complies with the OCP requirements. Whilst a rezoning application is being considered, the existing house provides good income with well established tenants, ensuing a hold cap rate of over 2%, thus reducing the cost of holding the property.
Sale Type:
Asset
Property Type:
Land Commercial
Construction:
Wood Frame
Total Floor Area:
18,750 sq. ft.
Land Use/Zoning:
RL-2
Taxes:
$4,927.79 / 2017
Services Connected:
Fully Serviced
Water Supply:
Municipal
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Listed Date:
Previous Price:
Original Price:
  • Photo 1: 40668 OLSON Road in Squamish: Brackendale Land Commercial for sale : MLS® # C8015086
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Larger map options:
Marcus & Millichap
Listing information last updated on 16-Oct-2017 5:05 PM