Multi-Family and Commercial Land
Blind Bay is the fastest-growing part of the Shuswap, and a service-area population near 8,000 needs more than single-family houses. Multiple sites are available, from lake-view multi-family to commercial frontage on Golf Course Drive.
Why Blind Bay
Over the last 50 years, Blind Bay has been the fastest-growing area in the entire Shuswap. The service area runs to roughly 8,000 people, close to half the population of Salmon Arm, and we've watched this community shift from a bedroom suburb of Salmon Arm into something that increasingly stands on its own. Every commercial development that's gone in has been followed by demand for the next one.
Lots 59 and 60: Lake View Multi-Family in Highlands Phase 3
Two multi-family parcels sit inside Highlands Phase 3, both with lake views and access permits in hand. Both are zoned multi-family with servicing to the lot line, and no offsite upgrades are required, as the public road frontage is already complete. Bring your plans for duplexes or townhouse units: these turnkey properties are ready to go.
| Lot | Price | Lot Size (Acres) | # of Units | Development Type |
|---|---|---|---|---|
| Highlands Phase 3, Lot 59 | $385,000 | 0.63 | 6 | Multi-family, level lot with partial lake views |
| Highlands Phase 3, Lot 60 | $984,000 | 1.4 | 14 | Multi-family, lake and golf course views |
| Highlands 8-acre site | Contact us for pricing | 8.4 | Up to 83 (50 to 60 more likely) | Multi-family, lake and golf course views |
| Commercial, Golf Course Drive | Contact us for pricing | 2.4 | N/A | Commercial, potential for about 30,000 sq ft of leasable area |
Prices in CAD, subject to change. See our Highlands Phase 3 page for the neighbourhood these two lots sit inside.
Disclosure Statement available on request from our sales office.
Lot 65: The Highlands 8-Acre Multi-Family Site with Lake and Golf Course Views
A bigger opportunity. An 8.4-acre site in the Highlands, zoned multi-family residential, overlooking Shuswap Lake and the golf course. The property can be developed with up to 83 units, though 50 to 60 is likely more practical given the hillside topography. All services are already at the property, and we approve the building plans that go on it, the same process that keeps the rest of the community consistent. With the golf course and Shuswap Lake both close by, this is the kind of site that fits a Stay and Play model built around vacationers just as easily as it fits standard multi-family housing. Contact us for pricing and more information.
2.4-Acre Commercial Site, Golf Course Drive
A 2.4-acre commercial parcel on Golf Course Drive, zoned commercial, with water, sewer and other services along the property frontage and potential for about 30,000 sq ft of leasable area. Blind Bay's growing, increasingly self-sustaining population is exactly the demand base a site like this is built to serve. Contact us for pricing and a package.
Who These Sites Fit
These aren't starter lots. They're sized for a builder or investor who wants to put up multiple units or a commercial building in one move, not a single home. Scoping a multi-family project? The two Highlands parcels (Lots 59 and 60) come with lake and golf course views already built into the land value, and the 8-acre site gives you room to plan a larger project from the start, with the servicing question already answered.
Looking at the commercial parcel instead? Blind Bay's growth curve over the last 50 years makes the case on its own: Golf Course Drive frontage here is worth a serious look, not just a speculative one.
Our Track Record
This isn't our first commercial or multi-family sale. It started with the marina, but evolved to include several multi-family and commercial developments. They're part of the record, not current inventory.
| Development | Type | Area (acres) | Units or space |
|---|---|---|---|
| The Villas | Multi-family | 4.0 | 26 duplex units |
| The Fairways | Multi-family | 4.6 | 30 duplex units |
| Edgewood Meadows | Multi-family | 4.1 | 10+ duplex units |
| The Aspens | Multi-family | 3.7 | 36 rental units |
| Country Market and Shopping Centre | Commercial | 5.7 | 4,700 sq ft convenience store and 33,000 sq ft of retail units |
| Hotel Site | Commercial | 3.0 | Planned hotel |
FAQ
Are Lots 59 and 60 waterfront?
No. Both Lot 59 and Lot 60 are lake-view parcels inside Highlands Phase 3, sitting on the hillside above Blind Bay rather than right on the shoreline. The view is part of the land value either way: the lake, the golf course and the valley are all visible from up here.
What can be built on the 8-acre Highlands multi-family site?
It's zoned multi-family residential, with all services already at the property. We review and approve the building plans, the same as we do for single-family construction elsewhere in the community.
What's available on the 2.4-acre Golf Course Drive commercial site?
It's a 2.4-acre parcel on Golf Course Drive, with potential for about 30,000 sq ft of leasable space, in a part of Blind Bay that's been filling in with commercial development for years. It's zoned commercial, with water, sewer and other services along the property frontage. Contact our sales office for pricing before you build a proposal around it.
Why is Blind Bay a good location for commercial or multi-family investment?
Over the past 50 years, it's been the fastest-growing part of the Shuswap. The service area is nearly 8,000 people, close to half of Salmon Arm's, and we've watched it shift steadily from being a bedroom community for Salmon Arm toward something that increasingly stands on its own.
Multiple sites, one growing community.
Give us a call at 250.675.2523, or email sales@shuswaplakeestates.com, to discuss Lots 59 and 60, the 8-acre Highlands multi-family site, or the Golf Course Drive commercial parcel. Several other development opportunities are available. Give us a call to set up a meeting.