3052 3b Highway, Rossland, British Columbia

$5,500,000

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6.53

Acres

About 3052 3b Highway

Available for sale is the ""Rock Cut Development Lands"" - a 100% freehold interest in 3052 Nancy Greene Highway (Highway 3B), located in Rossland, BC, a premier development opportunity located between the iconic RED Mountain Resort (2 mins) and Downtown Rossland (5 mins). Comprising a total of 6.53 acres across two parcels, the Site is efficiently positioned along Highway 3B, featuring an existing access point from Site A (see brochure for details), with a legal secondary access point also benefiting Site B. Site A is currently improved with The Rock Cut Pub, generating attractive net holding income of +$61,590 for the benefit of a developer. In addition to the existing commercial zoning on the ~0.72-acres of pub lands, the Site offers flexible residential zoning entitlements, including up to +53 townhomes or +106 apartment/hotel units (<50 sqm), and rare commercial short-term rental zoning. RED Mountain has recently repositioned itself with an ambitious expansion plan, both to expand the resort’s recreation and amenity offerings, as well as significant residential development, with multiple new condominium projects demanding pricing in excess of +$1,000 PSF for 1-bedroom units. RED Mountain is located in the West Kootenay region of the BC Interior, representing one of Canada’s top four-season recreational tourism destinations, attracting visitors and investors from all over North America. Prospective purchasers should download the link below for more information. (id:36535)

Features of 3052 3b Highway

Listing # 10343770
Price $5,500,000
Bathrooms 0.00
Acres 6.53
Type Vacant Land
Sub-Type Freehold

Community Information

Address 3052 3b Highway
Subdivision Rossland
City Rossland
Province British Columbia
Postal Code V0G1Y0

Amenities

Utilities Sewer, Water
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Zoning Unknown

Listing Details

OfficeCourtesy Of Tristan Chart Of Royal LePage Kelowna

Listing Map