Mixed-Use Development Site 1770 Comox Ave, Comox ...
FOR SALE
Mixed-Use Development Site 1770 Comox Ave, Comox, BC BRAD BAILEY +1 250 740 1060 Ext. 1 [email protected]
BRAD ARCHIBALD +1 250 740 1060 Ext. 3 [email protected]
JASON WINTON +1 250 740 1060 Ext. 2 [email protected]
COLLIERS INTERNATIONAL 335 Wesley Street, Suite 105 Nanaimo, BC V9R 2T5 Main: +1 250 740 1060 Fax: +1 250 740 1067 www.collierscanada.com/nanaimo
RENDERING
OPPORTUNITY The subject property features ±0.492 acres of land fronting Comox Avenue, the main thoroughfare in downtown Comox. The anticipated development will feature exceptional water and mountain views. The property is located in an area of mixed commercial and residential development. All services are immediately available, and the property has had a development permit approved for a 5 storey building featuring a ground floor commercial unit and 21 residential condominium units.
FOR SALE > 1770 Comox Avenue, Comox, BC LOCATION The City of Courtenay, Town of Comox, and Village of Cumberland comprise the three municipalities of the Comox Valley. All are located within a 22 km radius and serve a population of approximately 40,000. The Town of Comox is considered a bedroom community and has a 2011 census population of 13,627 (+12.3% since 2006). The subject property fronts Comox Avenue in the downtown core of the Town of Comox, BC. The subject is surrounded by commercial and residential development including restaurants, retail stores, and offices. Recreational amenities are also found in the immediate area. Comox Avenue is the main traffic artery through the downtown core. Comox Centre Mall is directly east across Port Augusta Street and about to undergo major upgrading. The Comox Golf Course is located immediately adjacent to the north of the subject. Comox Bay Marina, Comox Municipal Marina, Harbour Seawall, and Marina Park are located on Comox Harbour, just 2 to 3 blocks south of the subject.
CONTACT US
SITE DESCRIPTION The property is irregular in shape comprising ±0.492 acres of cleared, level land, and due to its elevation will provide exceptional view corridors to the east, south, and west from the proposed building’s upper stories. The area has full municipal services.
APPROVED DEVELOPMENT The property has approved development plans in place until July 27, 2017. The proposed development envisions an attractive five storey building featuring a proposed 9,422 SF commercial unit originally earmarked for a pub/restaurant, and 21 condominiums comprised of three 1-bedroom units; six 2-bedroom units; and twelve 2-bedroom and den units including penthouse suites. The units range from 678 to 1,544 SF. Total unit area is approximately 33,400 SF; gross building area is approximately 53,000 SF including basement area. 21 surface parking stalls are provided on site. Zoning:
BRAD BAILEY +1 250 740 1060 Ext. 1 [email protected] BRAD ARCHIBALD +1 250 740 1060 Ext. 3 [email protected] JASON WINTON +1 250 740 1060 Ext. 2 [email protected]
CD20 (Comprehensive Development)
Assessed Value (2016):
$511,000.00
Property Taxes (2016):
$12,755.51
Legal Description:
Lot A, Section 56, Comox District, Plan EPP41072 PID: 029-605-253
PURCHASE PRICE One Million, Two Hundred Thousand Dollars ($1,200,000.00
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2016. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Nanaimo).
COLLIERS INTERNATIONAL 335 Wesley Street, Suite 105 Nanaimo, BC V9R 2T5 Main: +1 250 740 1060 Fax: +1 250 740 1067 www.collierscanada.com/nanaimo
Mixed-Use Development Site 1770 Comox Ave, Comox, BC BRAD BAILEY +1 250 740 1060 Ext. 1 [email protected]
BRAD ARCHIBALD +1 250 740 1060 Ext. 3 [email protected]
JASON WINTON +1 250 740 1060 Ext. 2 [email protected]
COLLIERS INTERNATIONAL 335 Wesley Street, Suite 105 Nanaimo, BC V9R 2T5 Main: +1 250 740 1060 Fax: +1 250 740 1067 www.collierscanada.com/nanaimo
RENDERING
OPPORTUNITY The subject property features ±0.492 acres of land fronting Comox Avenue, the main thoroughfare in downtown Comox. The anticipated development will feature exceptional water and mountain views. The property is located in an area of mixed commercial and residential development. All services are immediately available, and the property has had a development permit approved for a 5 storey building featuring a ground floor commercial unit and 21 residential condominium units.
FOR SALE > 1770 Comox Avenue, Comox, BC LOCATION The City of Courtenay, Town of Comox, and Village of Cumberland comprise the three municipalities of the Comox Valley. All are located within a 22 km radius and serve a population of approximately 40,000. The Town of Comox is considered a bedroom community and has a 2011 census population of 13,627 (+12.3% since 2006). The subject property fronts Comox Avenue in the downtown core of the Town of Comox, BC. The subject is surrounded by commercial and residential development including restaurants, retail stores, and offices. Recreational amenities are also found in the immediate area. Comox Avenue is the main traffic artery through the downtown core. Comox Centre Mall is directly east across Port Augusta Street and about to undergo major upgrading. The Comox Golf Course is located immediately adjacent to the north of the subject. Comox Bay Marina, Comox Municipal Marina, Harbour Seawall, and Marina Park are located on Comox Harbour, just 2 to 3 blocks south of the subject.
CONTACT US
SITE DESCRIPTION The property is irregular in shape comprising ±0.492 acres of cleared, level land, and due to its elevation will provide exceptional view corridors to the east, south, and west from the proposed building’s upper stories. The area has full municipal services.
APPROVED DEVELOPMENT The property has approved development plans in place until July 27, 2017. The proposed development envisions an attractive five storey building featuring a proposed 9,422 SF commercial unit originally earmarked for a pub/restaurant, and 21 condominiums comprised of three 1-bedroom units; six 2-bedroom units; and twelve 2-bedroom and den units including penthouse suites. The units range from 678 to 1,544 SF. Total unit area is approximately 33,400 SF; gross building area is approximately 53,000 SF including basement area. 21 surface parking stalls are provided on site. Zoning:
BRAD BAILEY +1 250 740 1060 Ext. 1 [email protected] BRAD ARCHIBALD +1 250 740 1060 Ext. 3 [email protected] JASON WINTON +1 250 740 1060 Ext. 2 [email protected]
CD20 (Comprehensive Development)
Assessed Value (2016):
$511,000.00
Property Taxes (2016):
$12,755.51
Legal Description:
Lot A, Section 56, Comox District, Plan EPP41072 PID: 029-605-253
PURCHASE PRICE One Million, Two Hundred Thousand Dollars ($1,200,000.00
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2016. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Nanaimo).
COLLIERS INTERNATIONAL 335 Wesley Street, Suite 105 Nanaimo, BC V9R 2T5 Main: +1 250 740 1060 Fax: +1 250 740 1067 www.collierscanada.com/nanaimo
