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Featured exterior photo of 2950 Elm St, Chemainus, BC
15 days on market
Commercial Sale
2950 Elm St, Chemainus, BC
$7,955,000
2950 Elm St, Chemainus, BC
Commercial Sale · Multi Family · Chemainus, BC
$7,955,000 MLS® 1032946
26.47Acres

Comprehensive 26.46-acre development site (14.31 acres net after park dedication), partially serviced and zoned CD6 Chemainus Artisan Village for multifamily and mixed commercial-residential uses. The proposed PLA envisions a 2 phase (3 and 3) 6 - lot fee simple subdivision - having 4-5 multi-family lots and 1-2 mixed-use lots (5 to 6 storeys 400 ERUs or more 2:1 assisted living 3:1 LTC) - with the remainder dedicated to parkland, including Hermit Park trail dedication. Chemainus is a vibrant oceanside community celebrated for theatre, artisan shops, murals, scenic trails, beaches, golf and is a popular retirement community on Vancouver Island. Cafés, restaurants and other amenities are a short walking distance to the site, with convenient proximity to local airports, ferry terminals and hospitals. This development supports aging-in-place, providing retirees with suitable housing to stay in the community. VTB (1st mortgage only) available up to 60%, subject to seller terms / approval.

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Property Location
2950 Elm St, Chemainus, BC
Listed by Coldwell Banker Oceanside Real Estate

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