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10114 Newene Road, Lake Country

MLS® #10391822
About this Property

Opportunity is knocking in the heart of Lake Country with this rare 0.60 acre property featuring C1 Town Centre Commercial zoning, offering exceptional long-term redevelopment potential. Positioned within one of Lake Country's evolving commercial corridors, the property stands to benefit from a recently approved commercial development directly across the road, consisting of four commercial buildings with a grocery store anticipated as the primary anchor tenant. C1 zoning permits a wide variety of commercial and mixed-use opportunities, including retail, professional offices, restaurants, cafés, medical clinics, personal services, and residential units above commercial space. As Lake Country continues to grow, opportunities with this level of flexibility are becoming increasingly scarce. The existing 3 bedroom plus den, 2 bathroom rancher with basement offers approximately 2,636 sq.ft. of living space and is situated toward one side of the property, creating additional flexibility for future site planning and redevelopment potential. A detached shop, ample parking, and RV access further enhance the property's functionality in the meantime. Bordering ALR lands while remaining centrally located near existing and future amenities, this property offers a unique combination of present day utility and long term upside. Hold as an investment, operate a business, pursue redevelopment, or create a live/work environment in one of Lake Country's emerging commercial hubs. (id:62865)

Property Information

Status

Active

Year Built

1974

Property Type

House

Ownership

Freehold

Parking Spaces

8

Annual Tax

$9,648

Parcel Number

005-272-050

Data Source

Association of Interior REALTORS®

Interior Details

Bedrooms

3

Bathrooms

2

Living Area

2636 square feet

Architectural Style

Ranch

Basement

Full

Exterior & Lot

Lot Size

0.6 acres

View

City view, Mountain view, Valley view, View (panoramic)

Building & Utilities

Heating

See remarks

Water Source

Municipal water

Sewer

Septic tank

$800,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
3Beds
2Baths
2636sqft
Listing Courtesy of

Office

Vantage West Realty Inc.

Mortgage Calculator
$160,000

Loan Amount:

$640,000

Estimated Monthly Payment:

$3,119

This is an estimate for informational purposes only. Consult with a financial advisor.