5575 ISLAND UNION BAY

Union Bay Fanny Bay neighbourhood of Fanny Bay British Columbia Canada V9K 2E7
$698,000

5575 ISLAND UNION BAY

  • Price: $698,000
  • MLS Number: 883274
  • Square Footage: 868 Sq Ft
  • Property Type: Single Family

INVESTMENT DEVELOPMENT OPPORTUNITY in the heart of the QUICKLY GROWING seaside community of Union Bay. Unique Development potential with commercial/residential C1 zoning. Build a multi-income stream commercial/residential building (see attached Concept Drawing) with condos above retail space that unparalled panoramic ocean views of Baynes Sound, or renovate and use as-is as a single family 2 bed/2 bath income dwelling, with the potential to lock off as two suites. Great income generator.Zoning allows for:restaurants, coffee shop Art Gallery,B & B, tourist accommodation, retail, offices,residential, secondary suites… Be on the forefront of creating retail space for the up and coming 789 acre new Union Bay Estates Development. Ideal location, Convenient highway frontage/access. Great visibility. High retail/tourist traffic area. Denman & Hornby ferry just down the road, 15 minutes to Courtenay, 1/2 hour to Comox airport. Live the lifestyle while earning a livelihood!! Not bad!

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Listing Brokerage: Royal LePage Parksville-Qualicum Beach Realty (PBO)

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