Welcome to 765 8th Ave, Campbell River â a rare opportunity that blends investment potential with flexible living. Set on a prime 0.50-acre lot, this property is zoned to allow a fourplex with the possibility to rezone for further development (buyer to verify). Priced to reflect both the generous lot size and the homeâs condition, itâs an ideal canvas for builders, investors, or anyone ready to add value. The existing 4-bedroom, 2-bathroom residence is functional but requires work/updates, offering room to build equity through improvement. The main floor is bright and welcoming, while the lower level adds flexibility with a family room, additional bedroom, den, storage, and an 11' x 13' workshop with exterior accessâgreat for a home business, studio, or hobby space. Development & use options include: Keep the current home as a rental and add another dwelling on the lot. Redevelop into a fourplex under current zoning. Explore additional rezoning for expanded density (buyer to confirm with the City). Property highlights: Two separate driveways for excellent access and parking flow Single carport, Mature gardens, flowering shrubs, two vine-covered porches, and fenced raised garden beds Quiet street close to townâprivacy, space, and convenience Whether you redevelop, invest, or create your family retreat, this large in-town lot offers serious upside and versatility. Contact: Kim Rollins, eXp Realty phone 250-203-5144 (id:27476)