198 River valley Drive

198 River Valley Drive Grand BayWestfield Rare opportunity to acquire one of the last remaining commercially zoned parcels in the highly desirable Grand BayWestfield corridor. Ideally located in a growing, development-friendly area with strong demand for mixed-use projects. This property is truly build-ready, with the site already prepared. A fully installed and compacted base has been brought to foundation level and is ready for engineer reporting, significantly reducing upfront costs, timelines, and site preparation requirements. Extensive approvals and planning work have already been completed, including: Approved site plan for a 3-level mixed-use building Flexible design allowing commercial or residential use on the main level Planned residential units on upper levels (1- and 2-bedroom configurations) Electrical plans completed Variance and building permit in place Parking plan meeting minimum requirements with expansion potential Grant in place (transferability to be verified), covering capital improvements including sewer upgrade from 4"" to 6"" With major development hurdles already addressed, this property offers a true turn-key opportunity for builders and investors looking to move directly into construction. Located in a municipality that continues to support steady growth and development, this is a strategic investment in a limited-supply commercial zone. (id:66617)

The details

Property type

Vacant Land

Lot size

18,299 square feet

Cooling

None

MLS® number

NB137213

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