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277 Shadow Mtn Blvd - Lot B 5.2 Acres of Commercial Land Offered at $890,000 CAD in Cranbrook, BC V1C 0C6

Investment Highlights
- Within the City of Cranbrook's municipal boundaries
- As many as 159 multi-family units (76 dwelling units per gross hectare)
- Approved uses include townhouses, apartments, cluster homes and accessory uses
- Municipal servicing infrastructure in place
Executive Summary
Colliers International is pleased to present the sale offering of three zoned multi-family development sites in the heart of British Columbia’s East Kootenays.
The portfolio of multi-family lots available at Shadow Mountain provides exceptional development potential adjacent to the highly acclaimed Shadow Mountain Golf Course. With three parcels totaling over 11-acres, this portfolio represents an opportunity for a developer/builder to acquire serviced development sites that are zoned and ready for world-class multi-family dwellings.
The three multi-family sites are offered as a package, but the owner may consider the sale of individual sites.
The portfolio of multi-family lots available at Shadow Mountain provides exceptional development potential adjacent to the highly acclaimed Shadow Mountain Golf Course. With three parcels totaling over 11-acres, this portfolio represents an opportunity for a developer/builder to acquire serviced development sites that are zoned and ready for world-class multi-family dwellings.
The three multi-family sites are offered as a package, but the owner may consider the sale of individual sites.
Property Facts
| Price | $890,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 5.20 AC |
| Zoning | CD-3 - Shadow Mountain Comprehensive Development Zone | ||
| Price | $890,000 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 5.20 AC |
| Zoning | CD-3 - Shadow Mountain Comprehensive Development Zone |
1 Lot Available
Lot B
| Price | $890,000 CAD | Lot Size | 5.20 AC |
| Price Per AC | $171,153.85 CAD |
| Price | $890,000 CAD |
| Price Per AC | $171,153.85 CAD |
| Lot Size | 5.20 AC |
5.2 acre lot currently approved for the development of Multi-family properties
Not walkable
10/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
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277 Shadow Mtn Blvd - Lot B
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