420 Bay Ave, Parksville

Excellent Oceanview Downtown Development Opportunity.This unique offering is for both 420 Bay and 283 Dogwood and comes with 3 rental houses and a large shop. The sites assembled offer approximately 23,550 sqft. Once rezoned to higher density it could potentially support 35,000+ sqft of buildable area at a 1.5 FAR. Four Story Condo could support 43 units depending on underground parking, or medium density for 14 three story 3,000 sqft Townhomes.The site is in the core of Parksville with beach access across the street , Ocean Views, new infrastructure and street improvements and no protected trees. This is a must see and amazing location with Ocean Views and steps to the Beach. Both properties at 283 Dogwood Street (mls-948770) and 420 Bay Avenue (mls-948525) must be sold in conjunction with each other under the same terms, dates and conditions. Easy to view. Main homes short term rentals and tenant in Suite above garage at 420 Bay. Need 24 hour notice to view suite.Touchbase Thaddeus. (id:1945)