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Annette Denk

Real Estate Advisor

  • Office 250-717-5000
  • Cell 250-808-7566
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Lot A B C Village Centre, Kamloops, British Columbia – $8,880,000

  • $8.9M Price
  • 3.13 Acres
  • $8.9M Price
  • 3.13 Acres

Lot A B C Village Centre

Sun Rivers Development Corp. ("srdc") is the master developer. When development fully built-out it will consist of approx., 2,000 residential units with 450 to 500 residential units in the Village Centre and an 18 hole championship golf course and clubhouse. Interwest Developments Inc. as prepaid lease holder of the Village Center Development space is offering Lot 4, a 3.13 acre Zoned & planned site in the Village as a prepaid sub lease for 97 years for 3 buildings A, B, & C with Commercial on grade and 3 floors of res. units above. Subject building site is zoned for proposed use and approval for this development from srdc can be achieved in 90 days from date of accepted offer. Foundations and U/G parking could start early in 2019. Buyer of prepaid 97 year lease can submit construction drawings to develop in phases, or, contract with local developer to act for buyer to complete project. Call for proposed development details. The build-able footage of each of the 3 lots, lot A, B, and C are as follows: Site A: 19,912 net sq. feet of Com. space on main floor & 72 suites/53,020 net saleable/rentable sq. feet residential on the above 3 floors; Site B: 11,525 net sq. feet of Com. space on main floor & 42 suites/31,080 net sq. feet residential above 3 floors; &, Site C: 9,000 net sq. feet of Com. space on main floor & 36 suites/25,800 net saleable/rentable sq. feet residential above 3 floors. Total Leaseable space for commercial @ 40,427 sq. feet. Total Saleable/Rentable space for residential @ 81,928 sq. feet. Land Cost Asking Price: $45./build-able sq. foot with a 97 year prepaid lease. (id:6289)

Essential Information

  • Listing #149463
  • Price$8,880,000
  • Bathrooms0.00
  • Acres3.13
  • TypeMulti-family
  • Sub-TypeLeasehold

Community Information

  • AddressLot A B C Village Centre
  • CityKamloops
  • StateBritish Columbia

Listing Details

  • OfficeRoyal LePage Sterling Realty
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