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Listed by Amy Francoeur Real Broker
$ 2,750,000
Est. payment | /mo
5.84 Acres Lot
$ 2,750,000
Est. payment | /mo
5.84 Acres Lot
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1039995
HOA Y/N No
Annual Tax Amount $14,180
Tax Year 2025
Lot Size 5.840 Acres
Acres 5.84
Property Sub-Type Unimproved Land
Property Description
Shovel-ready riverside development opportunity on 5.84 acres along the Somass River. Preliminary Layout Review (PLR) in hand from the City of Port Alberni for 31 bare-land strata lots - the heavy lifting is done. Zoned RM1 (Low Density Multi-Residential) so the options are wide open: build the planned 31-lot community, develop townhomes, duplexes or multi-family, hold it as one private estate acreage, or reconfigure into 8-10 larger waterfront lots from a half-acre & up sized to allow a home plus a shop. Flexibility to design for today's market & maximize returns. Thoughtfully planned community with a walking trail, river viewpoints & beach access in a natural setting. Minutes to Clutesi Haven Marina, with easy access to Sproat Lake & Tofino. Sale includes PLR plus full subdivision package: engineering reports, DFO approvals, Disclosure Statement & QS reports. Ideal for investors, builders, end-users, or developers. Buyer to confirm uses, lot configurations& density with the City.
Location
Province BC
County Port Alberni, City Of
Community Pa Port Alberni
Area Port Alberni
Interior
Fireplace No
Exterior
Parking Features On Site
Waterfront Description River Front
View Y/N Yes
View Mountain(s), Valley, River
Garage No
Building
Lot Description Acreage, Walk on Waterfront
Others
Restrictions Restrictive Covenants
Ownership Freehold
Nearby Locations