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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

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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

RLK Commercial is pleased to offer for sale a 100% freehold interest in 3052 Nancy Greene Highway (Highway 3B), located in Rossland, BC (the “Property” or “Site”), a premier development opportunity located between the iconic RED Mountain Resort (2 mins) and Downtown Rossland (5 mins). Comprising a total of 6.53 acres across two parcels, the Site is efficiently positioned along Highway 3B, featuring an existing access point from Site A, with a legal secondary access point also benefiting Site B. Site A is currently improved with The Rock Cut Pub, generating attractive net holding income of +$61,590 for the benefit of a developer. In addition to the existing commercial zoning on the ~0.72-acres of pub lands, the Site offers flexible residential zoning, including up to +53 townhomes or +106 apartment/hotel units (50 sqm), and rare commercial short-term rental zoning. RED Mountain has recently repositioned itself with an ambitious expansion plan, both to expand the resort’s recreation and amenity offerings, as well as significant residential development, with multiple new condominium projects demanding pricing in excess of +$1,000 PSF for 1-bedroom units. RED Mountain is located in the West Kootenay region of the BC Interior, representing one of Canada’s top four-season recreational tourism destinations, attracting visitors and investors from all over North America.

PROPERTY FACTS

Price $8,000,000 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
Total Lot Size 6.53 AC
Zoning C-2 - Commercial- Short Term Rental

1 LOT AVAILABLE

Lot

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.

  • Listing ID: 36376248

  • Date on Market: 2025-06-24

  • Last Updated:

  • Address: 3052 Nancy Greene Hwy, Rossland, BC V0G 1Y0

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