6.15-Acre Commercial Lot with Highway Frontage in Bustling Dawson Creek, BC

Price : $175,000

Select Property type: Sold
DESCRIPTION: Investment opportunity sold at below BC Assessed Value. This 6.15-acre Commercial Highway (C-3) zoned lot (offered in conjunction with the adjacent 4.24-acre lot), offers immense highway exposure along Highway 2....
PROVINCE: BC
COUNTRY: Canada
PROPERTY ID: 33121

Description

Investment opportunity sold at below BC Assessed Value. This 6.15-acre Commercial Highway (C-3) zoned lot (offered in conjunction with the adjacent 4.24-acre lot), offers immense highway exposure along Highway 2. This highway is the main artery connecting Dawson Creek and Fort St John to Grande Prairie AB. With approximately 650 feet of highway exposure, this property is the perfect location for numerous business ventures seeking high levels of commuter exposure.

The C-3 zoning designation on the property is very liberal and permits for a wide array of business opportunities. The zoning permits for the following:

assembly hall
automotive dealership
automotive rental
automotive service
campground
cannabis retail store
commercial amusement enterprise
commercial parking
delivery, express facility
farmer’s market
financial institution
fitness centre
gaming facility
gas station
health services facility
hotel
large vehicle car wash
micro-brewery
micro distillery
motel
movie theatre
office
passenger vehicle
car wash
personal service establishment
public parking
public transportation depot
restaurant retail store
small appliance sales and repair
veterinary clinic

The property has the full assortment of municipal services at the lot boundary, which are ready to tie into a new building/facility. The lot is flat and very serviceable with access directly onto Highway 2 and onto the Dangerous Goods Route immediately to the west.

Dawson Creek is an industrial and commercial hub for the oil and gas sector throughout the Peace River region. This industry creates transient and temporary work opportunities, which in turn require accommodation and service options. It has been suggested that additional campgrounds and other short term accommodations could be needed to help house these transient workers and their campers or RVs.

Additionally, the extensive highway frontage makes the property perfect for an automotive, RV, boat or a 4×4 sales business with the free marketing exposure received from the highway traffic.

The neighbourhood surrounding the property is very busy with a Walmart, Casino/hotel, exhibition grounds, airport, industrial parks and automotive retail stores. There is ample local demand as well as commuter traffic to keep a new commercial business very busy along this route.

LOCATION

The property is located at 601 Highway 2 – Dawson Creek, BC

AREA DATA
The Peace River region of British Columbia lays claim as the most robust and diverse economic region of the province outside of the Lower Mainland. The regional GDP has exceeded $6.6 billion over the last several years and employment opportunities abound. The region also possesses 40% of the cumulative provincial ALR lands. This statistic demonstrates the regional economic reliance on agriculture.

The region’s annual average temperature rests between -2.9 to 2 degrees Celsius and the region receives approximately 330-570 mm of annual precipitation. The area possesses rich, fertile soil and produces more wheat, barley and grass seed than any other region of the province. The continual flooding and retraction of the Peace River thousands of years ago created the flat topographical landscape that makes up the Peace River today. The continual dispersion of sediment and nutrients by this major watershed created to the highly productive growing soils throughout the region.

The economy of Dawson Creek is based on four major industries: agriculture, retail, tourism, and oil and gas. Agriculture has historically been the most important industry to Dawson Creek, as the city is the regional transshipment point for agricultural commodities. The city is surrounded by the Agricultural Land Reserve, where the soil can support livestock and produces consistently good yields of quality grain and grass crops, such as canola, hay, oats, alfalfa, wheat, and sweet clover. The service and retail sector caters to the city’s inhabitants, smaller nearby towns, and rural communities.

The city of Fort St. John is the most populace municipality in British Columbia’s Peace River Region with a population of 20,155. The oil and gas sector continues to be the primary economic driver of the municipality with over 15% of Fort St. John residents employed directly in the industry. Most regionally active oil/gas exploration, production and servicing companies have offices located in Fort St. John, which serve to boost other businesses particularly those in the service sector.

Major economic announcements regarding the $42 billion LNG Liquefaction Facility in Kitimat, and associated $600 million pipeline, intended to tie the Peace River’s Gas fields to the Kitimat’s LNG facility, shall ensure prosperity and economic growth in the Peace River for years to come.

HISTORY

Dawson Creek is named after the watercourse of the same name, itself named after George Mercer Dawson who led a surveying team through the area in August 1879; a member of the team labelled the creek with Dawson’s name. The community that formed by the creek was one of many farming communities established by European-Canadian settlers moving west through the Peace River Country. When the Canadian government began issuing homestead grants to settlers in 1912, the pace of migration increased. With the opening of a few stores and hotels in 1919 and the incorporation of the Dawson Creek Co-operative Union on 28 May 1921, Dawson Creek became a dominant business centre in the area.

MAP REFERENCE

55°44’12.37″N and 120°13’10.87″W

INVESTMENT FEATURES