Powell River is extremely low in housing inventory and demand to construct new subdivisions is at an all time high. This 2.99 acre property is an infill lot in the Cranberry neighborhood, across from a park and within walking distance to elementary and high schools. There is a community grocery store at the end of the block, as well as a beer and wine store and neighborhood pub nearby. The land is flat which makes it ideal for land development and building houses. The property is zoned R2 which allows for duplex construction. There is a possibility to rezone the property to some form of multifamily development. The community is in serious need of afordable homes and this property would make a good project to fill that demand. Because the land is flat, it is ideal to build level entry or patio homes. (id:25560)
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