C$1,690,000

Rare 32.95-Acre Investment Opportunity in Qualicum Beach!Formerly a 95-unit seniors residence, this property offers approximately 29,000 sq.ft. of existing building space already stripped to the studs and ready for your vision. Located beside Arrowsmith Golf & Country Club, enjoy breathtaking views of Mount Arrowsmith and the surrounding mountain ranges. Significant roof upgrades have already been completed, providing a valuable head start for redevelopment. With I1 zoning (Resource Industrial) at the front and AG1 (Agriculture 1) zoning at the rear within the ALR, the property presents exciting potential for seniors housing, wellness retreats, health and educational facilities, agri-tourism ventures, and more. Just minutes from Qualicum Beach, this is a rare Vancouver Island opportunity with tremendous upside. Buyer to verify development potential and permitted uses. (id:41202)