40 & 64 Westside Road, Revelstoke

$1,195,000

0 Bed
0 Bath
3.83 Acres
0 Garage

Share sale of 3.83 acres zoned M-1. 64 Westside Rd is 1.56 acres, current tenant is Infinite Powersports. 40 Westside Rd. is 2.27 acres undeveloped. Development opportunity with access to the Columbia River. No city water, water is currently supplied via a gravity fed line. Old well on site that hasn't been used for a long time. Septic system services 64 Westside Rd. Share sale of Hilyn Holdings Ltd. properties are being sold as is with no representation of environmental condition of both properties. No utilities for 40 Westside Rd. Site has access to waterfront for boat launch. The 3.83 acres represent a prime development opportunity in Revelstoke. The 2 parcels are owned by Hilyn Holdings Ltd. and are being sold as a share sale. The property is currently zoned M-1 and there is a shortage of M-1 land available in Revelstoke. There is the potential to rezone the property depending upon future use. The possibilities are endless especially with water frontage and access. The property is being sold as is meaning the current Seller makes no representation about the ability to develop the property. A new Buyer would be responsible for cleaning up the property and be responsible for any environmental issues and/or environmental testing. There are 55-gallon drums, old cars, etc. on the property that might be an issue with future development. A new Buyer would need to pay for environmental assessment on the property as most banks would require that for financing purposes. (id:6289)

Essential Information
Listing #10217543
Price$1,195,000
Bathrooms0.00
Acres3.83
TypeIndustrial
Sub-TypeFreehold
Community Information
Address40 & 64 Westside Road
SubdivisionRevelstoke
CityRevelstoke
ProvinceBritish Columbia
Postal CodeV0E2S0
Amenities
ViewMountain view
Is WaterfrontYes
WaterfrontWaterfront on river
Additional Information
ZoningLight industrial
Listing Details
OfficeRoyal LePage Revelstoke
LISTING MAP

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