Prime redevelopment opportunity situated in the heart of the North Shore! With 0.34 Acres conveniently located on the main arterial road of the Tranquille Corridor, this central location offers high exposure rates to local traffic and is within walking distance to transit, shopping, popular bars, restaurants, beaches, river trails and parks. Located beside a recently approved 98-unit housing development, and just 5 Mins driving time to downtown, TRU, hospital, and more! CNS zoning allows for mixed use commercial/residential, with a multi-family FAR of 3.0 subject to parking requirements. Redevelopment in the area has been incentivized by the city of Kamloops, and is undergoing steady growth, with low vacancy, and high absorption rates. This property offers an excellent opportunity to add to the housing supply, or to create new spaces for commercial ventures. Currently located on the property is a single family home, workshop, extra parking, and vacant street front commercial space which would be ideal for a sales center or show suite for your upcoming development. Additional access to the rear of the property via alleyway. Don't miss out on this rare chance to acquire an exceptionally versatile property in a rapidly changing part of Kamloops. Get in touch today and take the first step towards your next successful project! All offers will be considered. *Artistic renderings are concepts only, provided as a sample only, and do not represent an approved or existing building plan. Buyer to verify details deemed important. Contact Listing Brokerage for additional information. (id:51403)
MLS® Number | 170187 |
Property Type | Business |
Community Name | North Kamloops |
Amenities Near By | Shopping, Public Transit |
Features | Level Lot, Visual Exposure |
Acreage | No |
Land Amenities | Shopping, Public Transit |
Size Irregular | 14810 |
Size Total | 14810 Sqft |
Size Total Text | 14810 Sqft |
https://www.realtor.ca/real-estate/24992107/146-tranquille-road-kamloops-north-kamloops
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