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580 Shuswap Street SE, Salmon Arm

Property Description

Outstanding 0.904-acre R-5 High Density Multi-Family development site offering a rare opportunity for builders and investors seeking a well-priced project-ready property within the Columbia Shuswap Regional District (CSRD). Zoning approval has been granted based on several potential development configurations, including high-density condominiums, row housing, townhomes, or a mixed-form residential project, allowing flexibility in design and product mix. Preliminary planning and zoning work has already been completed to secure the R-5 designation, positioning the property for advancement through the Development Permit stage and toward construction. The Official Community Plan supports densities of up to 52.6 units per acre, providing strong development potential on the site. Strategically located within walking distance to the area’s primary commercial corridor, the property benefits from nearby retail amenities, transportation routes, professional services, schools, parks, and playgrounds, supporting a walkable and highly desirable residential environment. A compelling high-density development opportunity offered at an attractive price point, ideal for developers seeking scale and flexibility in a growing community. House has a month to month tenancy @ $1500.00 per mo. 24 hr notice for showing. All inquiries through the Listing Agent. Partial VTB available. All information and measurements deemed approximate only and should be verified by the Buyer(s) agent(s). (id:47466)

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Full Address:
580 Shuswap Street SE, Salmon Arm, British Columbia
Price:
$ 2,398,800
MLS Number:
10378113
List Date:
March 19th, 2026
Neighbourhood:
SE Salmon Arm
Lot Size:
0.9 ac
Taxes:
$ 6,794

Property Details

Interior Features

Sewer:
Municipal sewage system
Water:
Municipal water
Ownership Type:
Freehold
Taxes:
$ 6,794

Building Features

Floors

Lot Size:
0.9 ac
Current Use:
Development residential
Road Type:
Paved road

Land

Amenities Nearby:
Family Oriented

Neighbourhood Features

Ratings

Commercial Info

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Steve Thompson
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Agent: Michael SingletonOffice: Century 21 Assurance Realty Ltd

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