10114 Newene Road, Lake Country
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)
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®
Bedrooms
3
Bathrooms
2
Living Area
2636 square feet
Architectural Style
Ranch
Basement
Full
Lot Size
0.6 acres
View
City view, Mountain view, Valley view, View (panoramic)
Heating
See remarks
Water Source
Municipal water
Sewer
Septic tank
$800,000
Office
Vantage West Realty Inc.
Loan Amount:
$640,000
Estimated Monthly Payment:
$3,119
This is an estimate for informational purposes only. Consult with a financial advisor.
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