3375 Trans Canada Hwy, Cobble Hill, British Columbia V8X 5J2

A FIRE ON SAT. APRIL 29TH 2023 HAS DESTROYED THE HOUSE. THE PROPERTY IS NOW BEEN SOLD ON AN “AS IS, WHERE IS BASIS”. -PRICE JUST REDUCED TO $900K •This property also boasts a massive 2 Storey 4200 sf workshop area with 400-amp power. •This property can be purchased along with 3367 Trans Canada Highway to form a land Assembly of approx. 3.1 Acres, providing a substantial development opportunity, with a combined highway frontage of 272ft. •Recent rezoning of similar properties nearby, and proposed Land Use changes to the current CVRD, OCP bode well for the future commercial development potential of this site. •Average daily traffic count as per 10-year summary concluding in 2022 was 24,136 vehicles per day. *All measurements are approximate purchaser to verify if important. (id:27476)

This property is currently under Freehold ownership, offering a total of 15 parking spaces for potential buyers or tenants.

Unfortunately, a fire on Saturday, April 29th, 2023 resulted in the destruction of the house on the property. As a result, the property is now being sold on an "as is, where is basis" with a reduced price of $900K. Additionally, the property features a large 2-storey 4200 square foot workshop area with 400-amp power.

For those interested in development opportunities, this property can be purchased along with 3367 Trans Canada Highway to form a land assembly of approximately 3.1 acres, providing a substantial development opportunity with a combined highway frontage of 272ft. Recent rezoning of similar properties nearby and proposed Land Use changes to the current CVRD, OCP indicate a promising future for the commercial development potential of this site. The average daily traffic count, based on a 10-year summary concluding in 2022, was 24,136 vehicles per day. It's important to note that all measurements are approximate and should be verified by the purchaser if deemed important.

Currently, this property is listed for sale and offers a land size of 1.18 acres. It is located at 3375 Trans Canada Hwy in the city of Cobble Hill, British Columbia, with a postal code of V8X5J2.