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702 Alder St
CR Campbell River Central Campbell River V9W 2P5

$699,000
Commercial Sale

0.23 acre, RM3 zoned, level lot
Photo 1: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
Photo 2: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
Photo 3: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
Photo 4: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
Photo 5: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
Photo 6: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
Photo 7: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
Photo 8: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
Photo 9: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
Photo 10: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
Photo 11: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
Photo 12: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
Photo 13: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
Photo 14: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
Photo 15: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
974959
This OCEAN VIEW multi-residential development property with RM-3 zoning is in an excellent central Campbell River location, overlooking the city and Discovery Passage. It’s just a few blocks from downtown, the marina, Fishing Pier, Shoppers Row, shopping, restaurants, and recreation facilities. The City has approved a Development Permit for a two-story, eight-unit development, including seven two-bedroom units and one one-bedroom unit, each with a private balcony or patio. Most units will feature ocean views or partial ocean views. The RM-3 zoning is perfectly suited for medium to high-rise residential buildings. This corner property is flat, easy to build on, and fronts two roads, with lane access at the back. It’s an ideal site with all services available.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CR Campbell River Central, Campbell River
Bathrooms:
- (Full:-/Half:-)
Lot Size:
10,019 sq. ft.
Taxes:
Ceiling Heights:
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer To Lot
Fireplace:
No
Pending Date:
Mountain(s), Ocean
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Campbell River
Legal Description:
Zoning:
rm-3
Units in Building:
Units in Community:
Lot Site Features:
Central Location, Cleared, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Recreation Nearby, Shopping Nearby, Sidewalk
Parking Features:
On Site
Road Frontage Type:
Lane
Road Surface Type:
Paved
Total Units:
Date Listed:
Sep 04, 2024
Original Price:
750000.0
  • Photo 1: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
    0.23 acre, RM3 zoned, level lot
  • Photo 2: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
    Photo 2 of 15
  • Photo 3: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
    Photo 3 of 15
  • Photo 4: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
    Approximate measurements
  • Photo 5: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
    DP for Proposed Development
  • Photo 6: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
    Proposed 8-unit, 2-story building with parking
  • Photo 7: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
    Photo 7 of 15
  • Photo 8: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
    Photo 8 of 15
  • Photo 9: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
    Corner lot, photo from Alder Street
  • Photo 10: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
    Photo 10 of 15
  • Photo 11: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
    Photo 11 of 15
  • Photo 12: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
    Photo from 7th Avenue, Lane parking at the back
  • Photo 13: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
    Ocean view
  • Photo 14: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
    Photo 14 of 15
  • Photo 15: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 974959
    Photo 15 of 15
Listed by Royal LePage Advance Realty
Data was last updated December 30, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$1,400,000
Min list price:
$320,000
Max list price:
$3,999,900
Avg days on market:
123
Min days on market:
41
Max days on market:
327
These statistics are generated based on the current listing's property type and located in CR Campbell River Central. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.