6641 50th Street Ne Salmon Arm, British Columbia V0E 1K0

$1,099,000

DEVELOPERS - INCREDIBLE OPPORTUNITY TO DEVELOP A FOUR TITLE LAND ASSEMBLY INTO A MULTI-UNIT RESIDENTIAL SUBDIVISION UNDER THE ""R-10 RESIDENTIAL ZONE""! Discover an unparalleled opportunity in Salmon Arm! This property is one of four separate, neighbouring properties on 50th St NE (separate Seller & Title for each property) in this Land Assembly, together spanning a total of 5.88 acres. As per the City of Salmon Arm, based on low density provisions, the ""R-10 Zoning"" would allow 22 units/ha (Buyer is responsible for their own due diligence on development). Nestled in an up-coming area, offering proximity to North Canoe public school, grocery store, popular restaurant & short drive to all Salmon Arm amenities. Enjoy a nice walk to Canoe Beach on breathtaking Shuswap Lake. With seamless access to the Trans Canada Highway, commuting is effortless, enhancing the Land Assembly's appeal for developers & investors alike. An incredible chance to shape the future of Salmon Arm's housing landscape. Home (1959) & outbuildings on property are being sold ""as is, where is"". See EXCLUDED Items. The Seller's first preference is to sell this property MLS®# 10332384 (PID: 009-603-794) within a land assembly which includes the following three (3) land titles: MLS®# 10332385 (PID: 004-787-226), MLS®# 10332387 (PID: 009-632-867), MLS®# 10332386 (PID: 005-291-461) OR The Sellers second preference would be to sell this property MLS®# 10332384 (PID: 009-603-794) with MLS®# 10332387 (PID: 009-632-867). (id:59116)

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https://www.realtor.ca/real-estate/27815875/6641-50th-street-ne-salmon-arm-ne-salmon-arm