$2,682,000
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74.62 Acres Lot
SOLD DATE : 12/22/2021
Key Details
Sold Price $2,682,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 888290
Sold Date 12/22/21
Rental Info Unrestricted
Year Built 2019
Annual Tax Amount $6,645
Tax Year 2021
Lot Size 74.620 Acres
Acres 74.62
Property Description
Earthbank Resources is an established and profitable compost facility that produces high quality fish compost for predominantly wholesale markets. Situated on 75 acres of ALR land in the desirable French Creek area of Parksville on Vancouver Island, Earthbank is a reputable organization with a loyal customer base and significant revenue. The current owner has also recently developed a cannabis facility that is operational and fully approved for cultivation, with a sales license expected imminently. With a significant area of the property currently un- utilized but highly productive from years of continuous soil management, the current owner intended to grow commercial hemp and is currently operating a hemp farm on a small and test basis in addition to the Cannabis facility. Cannabis operation incl new greenhouse & post production & processing facility of 2800 sqft. Also, newly constructed west coast modern office/retail building of over 5400 sqft.
Location
Province BC
County Parksville, City Of
Area Pq French Creek
Zoning AG1D
Exterior
Parking On Site 1
Building
Lot Description Acreage, Near Golf Course, See Remarks
Story 2
Sewer Septic System
Water Well: Drilled
Others
Tax ID 028-988-868
Ownership Freehold
Acceptable Financing None
Listing Terms None
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Bought with Unrepresented Buyer Pseudo-Office