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Gibsons 62,000 sf Development Site + 30K lot next door also for sale

895 Gibsons Way
Gibsons, British Columbia V0N 1V8

$6,000,000 CAD

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  • Sub-Area: Gibsons & Area
  • Style: Other Business
  • Area: 62002 sqft.
  • Lot Size: 62002 sqft.
  • $/sq ft: $96
  • Taxes: $60,843

Description Building Info

Gibson’s 3 Lot Land Assembly/Development Opportunity (Totaling 141,000 sf), 895 Gibsons Way, V0N 1V7, 62,000 sf lot (The Cedars Inn Hotel and Convention Centre - Not Flagged) across the street from Sunnycrest Mall. 7 min drive from the Langdale Ferry Terminal on the Sunshine Coast. 45 rooms with a 4000 sq/ft convention ctr incl an outdoor pool & hot tub & small gym. The property was painted 3 years ago, and improvements include replaced TVs, AC units, new modern bedding, hotel fridges, & key entry system. The property also has an extra 15K SF of buildable space to increase number of rooms or rental accommodation but value mostly in land. Government & corporate clientele assures steady income of $650K/Year with potential for $1M after a good facelift and Flagging with a major chain. Expenses approx. 40%, (Note, 909 Gibsons Way next door – 30,000 sf lot is also on MLS at $1.5M). Both Sellers also open to a JV, Please go to listing agents web site for Video, info package and site map.


General Info

MLS® # N/A
Taxes $60,843 / 2016
Maintenance Fees -
Property Type Other Business
Dwelling Type -
Home Style -
Year Built -
Fin. Floor Areas 62002 sqft
Bedrooms 0
Bathrooms 0
View -
Complex Name -
Concierge # -
Bldg # -
Lot Size 62002 sqft
Listed by Re/Max Crest Realty (Westside)

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MLS® Disclaimer for BC: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

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