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$ 1,395,000
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196 Vermilion Avenue Princeton, BC V0X1W0
8,712 Sqft Lot
UPDATED:
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
Shovel-ready mixed-use development site with Development Permit in place — downtown Princeton, BC. Rare Development Permit-approved opportunity offered with a complete, construction-ready development package. The 9,066 sq ft footprint at 196 Vermilion Avenue carries an issued Development Permit for a proposed four-storey mixed-use building of 27 residential suites (21 one-bedroom / 6 two-bedroom) over four ground-floor commercial units. Current zoning permits mixed-use and hotel use, and the Town of Princeton has confirmed short-term rental use. An adjacent 20-stall parking arrangement is secured by registered covenant. The included package features full architectural and modular design documentation, a Class C cost estimate, and a professional appraisal — positioning a purchaser to move directly to construction. A strong fit for developers and investors seeking an approved, ready-to-build site in BC's growing Southern Interior. Proposed building area approx. 23,677 sq ft. All measurements, permitted uses, and permit conditions are approximate and to be independently verified by the buyer. Detailed development and financial package available to qualified parties on request. (id:24570)
Location
Province 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.
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