2611 Kerr Street - 2611 Kerr Street 4.2 Acres of Commercial Land Offered at $1,600,000 CAD in Terrace, BC V8G 2K4

This land offering in Terrace Market presents a rare development opportunity in a growing economic hub of Northwest British Columbia. The property is level and features soils well-suited for construction, reducing site preparation costs and accelerating project timelines. Zoned R3, the site allows for the development of up to 55 townhomes, making it an attractive option for residential developers seeking to capitalize on the region’s increasing housing demand. Terrace serves as the primary service and supply center for the Northwest and functions as a bedroom community for workers in Kitimat. The area is experiencing a surge in industrial activity, driven by major projects such as the KSM mine, Skeena Gold Project, Haisla LNG, Nass LNG, and Phase 2 of the Kitimat LNG project. These developments are expected to bring sustained economic growth and population influx, creating strong demand for new housing.