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$ 1,495,000
Est. payment | /mo
8,712 Sqft Lot
$ 1,495,000
Est. payment | /mo
8,712 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Princeton
MLS® Listing ID 10383623
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Freehold
Property Description
Prime Mixed-Use Development Opportunity in Princeton Positioned to become a landmark in the heart of Princeton, this exceptional property is being prepared for a 27-suite residential building mix of 1 and 2 bedroom suites with main floor commercial space, designated parking and convenient location. design permit is expected shortly which can significantly reduces timelines and allows a developer to move forward with confidence. Princeton is experiencing a critical shortage of housing, with extremely low vacancy rates in both long-term and short-term rentals. Strong demand is driven by major industry players in the region, creating consistent need for employee housing, along with growing demand from the broader community. This property presents a rare opportunity to deliver a signature mixed-use building that combines residential density with valuable commercial frontage—ideal for retail, office, or service-based tenants. The seller is open to building and consulting services if required. With approvals nearing, strong rental demand, and limited competing inventory, this is a chance to develop a trademark building in a market primed for growth and long-term returns. (id:24570)
Location
State BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Canada Flex Realty Group Ltd.
Nearby Locations
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