Our Agents' Listings

702 Alder St
CR Campbell River Central Campbell River V9W 2P5

$850,000
Commercial Sale

0.23 acre, RM3 zoned, level lot
Photo 1: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
Photo 2: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
Photo 3: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
Photo 4: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
Photo 5: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
Photo 6: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
Photo 7: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
Photo 8: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
Photo 9: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
Photo 10: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
Photo 11: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
Photo 12: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
Photo 13: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
963687
This multi-residential development property is in an excellent central Campbell River location, overlooking the ocean/Discovery Passage, the city, only a few blocks from downtown, marina, Fishing Pier, Shoppers Row, shopping, restaurants, and recreation facilities. The RM-3 zoning is perfectly suited for medium to high-rise residential buildings and previously was approved (Development Permit with Variance issued 2022) fora two-story, eight-unit development including seven two-bedroom units and one charming one-bedroom unit, with either a private balcony or patio. Most units would have ocean views or partial ocean views. This corner property is level, easy to build on, and fronts 2 roads, plus lane access at the back. An ideal lot with all services at the site. Architectural, civil, electrical, mechanical, structural, and landscape engineering drawings and geotechnical reports completed by reputable professionals and available upon request
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
CR Campbell River Central, Campbell River
Bathrooms:
- (Full:-/Half:-)
Lot Size:
10,018.869 sq. ft.
Taxes:
$0 / 2024
Commercial Area:
Not Applicable
Water supply:
Municipal
Sewer:
Sewer To Lot
Fireplace:
No
Mountain(s), Ocean
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Co-Op Commissi:3.5% 100K & 1.5% next 700K & 1% bal over 800K w/physical intro only, otherwise $1,000
Assessed:
447000.0
Assessment year:
2024
Jurisdiction name:
City of Campbell River
Legal Description:
LOT 25, PLAN VIP5773, DISTRICT LOT 73, SAYWARD LAND DISTRICT, EXC PART LYING TO THE SW OF A LINE DRAWN PARALLEL TO AND TEN FEET PERPENDICULARLY DISTANT NORTHESTERLY FROM THE SOUTHWESTERLY LIMIT OF THE SAID LOT
Zoning:
rm-3
Legal Non-Conformance:
No
Lot Site Features:
Central Location, Cleared, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Recreation Nearby, Shopping Nearby, Sidewalk
Parking Features:
On Site
Road Frontage Type:
Lane
Road Surface Type:
Paved
Total Units:
0
Date Listed:
May 03, 2024
Original Price:
850000.0
  • Photo 1: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
    0.23 acre, RM3 zoned, level lot
  • Photo 2: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
    Oceanview, services in.
  • Photo 3: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
    Close to downtown
  • Photo 4: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
    Approximate measurements
  • Photo 5: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
    Corner lot, photo from Alder Street
  • Photo 6: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
    Photo 6 of 13
  • Photo 7: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
    Photo 7 of 13
  • Photo 8: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
    Photo 8 of 13
  • Photo 9: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
    Photo from 7th Avenue, Lane parking at the back
  • Photo 10: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
    Picture from Laneway
  • Photo 11: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
    Ocean view from back of lot
  • Photo 12: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
    Proposed Development
  • Photo 13: 702 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 963687
    Proposed 8-unit, 2-story building with parking
Data was last updated May 28, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$1,600,000
Min list price:
$489,900
Max list price:
$5,980,000
Avg days on market:
49
Min days on market:
11
Max days on market:
326
These statistics are generated based on the current listing's property type and located in CR Campbell River Central. Average values are derived using median calculations.
Judit Hernadi
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.