About This Property
Rare 30,000+ sqft of developable property in Downtown Kamloops in close proximity to Kamloops School of the Arts, Sagebrush Theatre and South Kamloops Secondary School. Located next to the new Children's Circle Daycare. RM3 zoning allows for multi unit residential that allows up to 45,000sqft of buildable (with density bonus) up to a maximum of 4 storeys. This could also be a great location for a daycare or townhouse style development. (id:64973)
At $69 per square foot, this vacant lot in downtown Kamloops represents a compelling value proposition compared to the city's average of $100 per square foot for similar properties. Given the RM3 zoning and potential for a multi-unit residential or daycare development, this property would be best suited for experienced real estate developers or investors seeking to capitalize on Kamloops' growing population and demand for family-oriented amenities.
Property Details
Location
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