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3052 Nancy Greene Hwy 6.53 Acres of Commercial Land Offered at $8,000,000 CAD in Rossland, BC V0G 1Y0



INVESTMENT HIGHLIGHTS
- 6.53-acre fully zoned development site on Nancy Greene Highway
- C-2 commercial zoning allows hotel, entertainment, or retail uses
- Option to rezone commercial area to add ~4 more equivalent units
- Zoned for up to 35 “equivalent” residential units
- Concept plan includes hotel/restaurant on lower site, residential above
- Existing zoning eliminates density risk and accelerates development timelines
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $8,000,000 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 6.53 AC |
| Property Type | Land | ||
| Zoning | C-2 - Commercial- Short Term Rental | ||
| Price | $8,000,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 6.53 AC |
| Zoning | C-2 - Commercial- Short Term Rental |
1 LOT AVAILABLE
Lot
| Price | $8,000,000 CAD | Lot Size | 6.53 AC |
| Price Per AC | $1,225,114.85 CAD |
| Price | $8,000,000 CAD |
| Price Per AC | $1,225,114.85 CAD |
| Lot Size | 6.53 AC |
A LANDMARK 6.53-ACRE MIXED-USE DEVELOPMENT SITE FULLY ZONED FOR SHORT-TERM RENTAL WITHIN A 2-MIN DRIVE FROM RED MOUNTAIN RESORT
DESCRIPTION
Situated on 6.53 acres, 3052 Nancy Greene Highway is fully zoned for a multitude of potential uses and concept designs, including residential zoning up to 35 “equivalent” units (equal to +53 townhomes or +106 apartment units under 500 sqm), in addition to C-2 commercial zoning offering hotel, entertainment, recreation or neighbourhood oriented commercial uses. Concept plans contemplate relocating the C-2 zoning from the existing pub location to the lower portion of the Site through the addition of a hotel, restaurant and/or other commercial uses, as shown to the right, while focusing residential density on the upper portion. Alternatively, the commercially-zoned area may be rezoned for residential use with the potential for an additional +/-4 equivalent units (~6 townhomes or ~13 apartments under 500 sqm. – estimated based on land area density allocation of existing RFA zoning). The existing zoning entitlements eliminate density risks and significantly reduces timing to construction commencement for the benefit of a developer.
Presented by
3052 Nancy Greene Hwy
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