7197 Lantzville Rd, Lower Lantzville, Lantzville

7197 Lantzville Rd is a Retail listed at $4,980,000 in Lower Lantzville, Lantzville. Built in 1930. 27 days on market. Listed by JBW Commercial Inc.. MLS® 1050758.

$4,980,000 · Retail · MLS® 1050758

7197 Lantzville Road is a 2.72-acre development site improved with a 10,594 sq ft commercial building at the centre of the Lantzville Village Core. Zoned Village Commercial, allowing up to 2.0:1 FAR, 100% maximum parcel coverage, and 3 storeys max height (south of Lantzville Road). The building is fully tenanted across three tenancies, providing holding income to December 2028. The pub premises comprise +/- 5,800 sq ft across the main, lower and upper floors, including a covered ocean-view patio and a full commercial kitchen. A +/- 2,700 sq ft liquor store on the lower floor is leased to Mid-Island Co-op Liquor Store, and a self-contained 2-bed, 1,700 sq ft residential suite occupies the upper floor and loft. This offering is real estate only; the pub and liquor store businesses are not for sale.

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