19500 Sqft Commercial Property in Esquimalt

$3,800,000

1217-1221 Carlisle Ave

- LAND ASSEMBLY OPPORTUNITY - 3 LOT ASSEMBLY $3.8M - Extremely rare development opportunity that will permit medium residential multi family, in accordance with the current OCP designation. Three lots with a total of 19,500 sq ft Proposed FSR of 2.0 providing for a 40,000 sq. ft. condo development up to 6 story's ( preliminary discussions with planning , indicated FAR possibly going higher with approved amenity bonusing). In addition to this 3 lot offering, there is also an opportunity to purchase 2 adjacent lots on Lyall (at additional cost), providing two street access. This would give the buyer the potential to build up to 65,000 Sq ft. This assembly is directly across the street from the highly anticipated Esquimalt Town Square (by Aragon properties) and is central to every amenity in the rejuvenating core of the Township of Esquimalt.

Details

Bedrooms:
Bathrooms:
Lot Size: 0.45 acres
Municipality: Esquimalt
Type: Vacant Land
Taxes: $10,012.00
MLS® NO: 416281

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Listed with:

Fred Hiigli - Newport Realty Ltd.