Ideally positioned on the busiest corner in Ucluelet's vibrant downtown core, this commercial property offers an excellent chance to invest in one of Vancouver Island’s most desirable coastal communities. The CS-2 zoning is extremely versatile, permitting a plethora of uses from retail to restaurant including mobile vending. There is an existing "as-is" mixed-use building of commercial below and residential above that has previously housed various food services. However there is much value in redevelopment with flat topography, max lot coverage of 50% and 2.5 stories in height - upper level residential would have water and mountain views. With excellent exposure, versatile zoning and a location that can't be beat this property provides a rare and exciting commercial opportunity in a popular coastal destination.
Address
1596 Peninsula Rd
List Price
$545,000
Property Type
Commercial Sale
Type of Dwelling
Mixed Use
Area
Port Alberni
Sub-Area
PA Ucluelet
Lot Size
4100 Sq. Ft.
Lot Size (Acres)
0.09 Ac.
MLS® Number
995308
Listing Brokerage
RE/MAX Mid-Island Realty (Tfno)
Postal Code
V0R 3A0
Tax Amount
$3,987.00
Tax Year
2024