11530 Turtle Bay Court, Lake Country - Business for Sale
11530 Turtle Bay Court, Lake Country, British Columbia, V4V1X9
This business in Lake Country is for sale offering roughly 2,000 sq ft of space.
Description
Re-zoned and ready to develop! APPROVED DEVELOPMENT PERMIT in place with plans for a 36 UNIT, 2-storey boutique Long term care facility! RARE opportunity- Lake Country’s growing population and no long term care facility make this a high-demand, high-impact project with strong future returns. Full architectural plans and exterior renderings available. All the heavy lifting has been done to get this ready for development. Building Covenants removed, phase 1 Environmental assessment done, rezoned for P2 zoning offers multiple options, i.e. medical treatment services, health services, care centers, food or liquor primary establishments etc. FAR of 2, with 50% site coverage. Situated on 0.61 acres in a prime location in Lake Country, close to Turtle Bay, Wood Lake, 12 min to the airport. Existing house in great shape for rental income of approx. $3000/m, until you start developing the land. Home has 3 bedrooms & 3 bathrooms, 2000 sq. ft. rancher with shed and lots of parking. Everything is ready for a savvy investor/group to step in and capitalize on this property with projected income available. Call Stephanie for full details and income projections. Easy to show. (id:66096)
Property Details
- MLS®
- 10385449
- Property Type
- Business
- Half Baths
- 0
- Parking
- 2
- Interior Size
- 2,000 ft²
- Lot Size
- 26,572 sq ft (0.61 ac)
- Frontage
- 125 ft
- Year Built
- 1992
- Heating
- See remarks
- Garage
- Attached Garage, Rear
- Listed
- 190 days ago
Features
- Exterior
- Stucco
- Lot Features
- Cul-de-sac
Services
- Water
- Well
- Sewer
- Municipal sewage system
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 190 days on market, against an average age of 113 days across the listings currently for sale in this city
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
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$2,499,000
Lake Country