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456 Island Hwy W 0.45 Acres of Commercial Land Offered at $1,698,000 CAD in Parksville, BC V9P 1H2

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EXECUTIVE SUMMARY

This ±19,558 square foot(0.45 acre) Comprehensive Development (CD-32) zoned site in the North end of Parksville has preliminary plans for a 28-unit, 4-storey, wood frame apartment with an underground concrete parkade. 456 Island Highway West (the “Property”) has frontage along Island Highway West, backs onto Mark’s Nature Park (to the South) and is immediately adjacent to an ongoing 79-unit multi-family project by Radcliffe Development (to the east). The property has near immediate access to the renowned Parksville Beach and the Parksville primary downtown core. Current improvements on-site consist of a tenanted single-family dwelling. The residence will be sold on an as-is-where-is basis.

ATTACHMENTS

Brochure

PROPERTY FACTS

Price $1,698,000 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.45 AC
Zoning CD-32

1 LOT AVAILABLE

Lot

Price $1,698,000 CAD
Price Per AC $3,773,333.33 CAD
Lot Size 0.45 AC
  • Listing ID: 36110644

  • Date on Market: 2025-06-04

  • Last Updated:

  • Address: 456 Island Hwy W, Parksville, BC V9P 1H2

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