1351 10 Avenue Ne, Salmon Arm, British Columbia

About 1351 10 Avenue Ne

**Bankruptcy Liquidation** This R5-zoned high-density residential lot represents a premier development opportunity in one of British Columbia’s most sought after growth markets. Centrally located with commanding views of Shuswap Lake and the city skyline, the 0.41 acre site is perfectly positioned for a high-impact residential project. The property includes a legacy of previously approved plans for a 3-storey, 22-unit multi-family building, providing a substantial foundation for future permitting. Since the original design, provincial housing legislation and local zoning regulations regarding height and density have become significantly more flexible. Notably, a registered covenant on title permits construction of up to four storeys plus a basement, opening the door to a larger unit count and enhanced project scale that meets the modern demand for attainable urban housing. Situated just moments from the Shuswap Lake General Hospital, local schools, downtown amenities, and the iconic Salmon Arm Wharf, the location is ideal for high-density living. This asset is being offered at a price point that reflects its current market standing, providing an exceptional entry into the Shuswap development market. While new permits and plans are required to align with current codes, the prior approvals and R5 zoning make this one of the most shovel-ready urban sites in Salmon Arm. (id:6289)

More Info on this NE Salmon Arm Other MLS® listing

1351 10 Avenue Ne is an other listing for sale in Salmon Arm. The MLS® number is 10379774. It's currently listed for $479,000. For more details on MLS® 10379774, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This other listing in NE Salmon Arm is available now!

Selling your NE Salmon Arm Other property?

Have a similar home to 1351 10 Avenue Ne? If you’re thinking about selling your NE Salmon Arm other property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Salmon Arm property.

Listing Map