A rare opportunity to create a residential community in Terrace’s desirable Southside neighborhood. The property benefits from municipal support for up to 12 residential units, providing a clear path for multi-unit development. The lot has been fully cleared and elevated to meet 200-year floodplain requirements, reducing risk and ensuring compliance with local regulations. Located just a few blocks from the regional hospital and within walking distance to primary schools, the site offers convenience and accessibility for future residents. Its proximity to essential services, healthcare, and education makes it an attractive option for developers targeting family-oriented housing or multi-unit projects.