198 River Valley Drive

Welcome to 198 River Valley Drive situated in the heart of Grand Bay-Westfields Commercial corridor. The town of Grand Bay has limited space remaining to build within its Commercially zoned space and this is one of the few lots left. This is not just any lot though...You are in for nothing but net with this lot as it is ready to put boots and shovels to the ground and get building!! Starting with the base installed and compacted for Engineer reporting, it is ready and added to Foundation level so, there is a cost you will not have to put out. We don't stop there though because when we say ready to go, this property has its ducks in a row!! Approvals: Site plan for 3-level Mixed use building(Offices on main level and one 1-bdrm. Second floor with two 2-bdrm apartments a common laundry and storage units. Third floor has two 2-bdrms and one 1-bdrm apartment. Or convert main level offices to residential as well) Electrical plan, Variance, Building permit, Grant (transferability to be verified but covers capital improvements including sewer line increase to 6"" not 4""), Parking plan for minimum requirements as well with potential for expansion. You are getting the land, and saving on the soft costs and headaches of getting to the starting gate but ALSO, the base is ready to take on the foundation!! Grand Bay - Westfield is a town receptive to growth, and doing so steadily so this is not just a lot, this is A Lot of VALUE. (id:66617)

The details

Property type

Vacant Land

Lot size

18,299 square feet

MLS® number

NB137210

Roughly $1,112/month principal and interest, assuming 20% down at 5% over 25 years — an illustration, not a quote. Run your own numbers.

Where it sits