$3,300,000
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55 Acres Lot
SOLD DATE : 06/14/2023
Key Details
Sold Price $3,300,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 910766
Sold Date 06/14/23
Rental Info Unrestricted
Annual Tax Amount $4,136
Tax Year 2021
Lot Size 55.000 Acres
Acres 55.0
Property Description
55 BEAUTIFUL ACRES-Ready to go gravel mining operation well located close to Victoria. 6 to 7 million tons of high-quality aggregate to be mined, crushed, and sold. Past pit operator's lease has expired, and a new owner may wish to operate on their own or lease out the mine to an operator. All mining permits in place. Owners believe there is future potential to apply for rezoning, possibly to an industrial use. Contact the LS for further details on the permits, geological studies etc. Approximately $500,000 (retail) in product inventory currently stockpiled and ready to sell. Scale and scale house in place and ready to open for business tomorrow! Creative financing may be available to the right Buyers. Inventory of stockpile to be negotiated with offer. Additional revenue potential as the site also has approval to receive fill. Contact LS for an NDA document and further details."
Location
Province BC
County Capital Regional District
Area Ml Shawnigan
Others
Tax ID 009-351-744
Ownership Freehold
Acceptable Financing Purchaser To Finance
Listing Terms Purchaser To Finance
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Bought with William Wright Commercial Real Estate Service - Victoria Branch