1873-1875 Spall Road, Kelowna, BC, V1Y 4R2 - commercial for sale | Listing ID 10313161

1873-1875 Spall Road, Kelowna, British Columbia, V1Y 4R2

MLS® # 10313161

Commercial For Sale In Kelowna, British Columbia

$11,760,000 QuickQuote^TM: Not Available

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1873-1875 Spall Road, Kelowna, British Columbia, V1Y 4R2

$11,760,000

Property Information:

A premium commercial property with significant redevelopment potential as new commercial building, hotel, or purpose-built rental, located on Spall Road in Central Kelowna. Approx. 1.96 acres of flat, rectangular-shaped land with +/-177,200 ft of frontage along Spall Rd and +/-177,200 ft to the back of the property along Bredin Road. Single-storey commercial building of approx. +/-24,882 SF provides a source of holding income while awaiting redevelopment. Current C2 zoning would potentially allow for a new 3-storey commercial building, 6-storey hotel, and all with possible bonus allocations for additional FAR. Strategically located between the Capri-Landmark Urban Centre and the Midtown Urban Centre and only one block south of the Harvey Ave/Highway 97 corridor. This is a well-established commercial area of Kelowna, close to restaurants, coffee shops, gas stations, boutique shops, specialty businesses, banks, and public transportation. (id:27)

Building Features:

Style: Mixed
Building Type: Residential Commercial Mix
Floor Space: 24882 Square Feet

Property Features:

Property Type: Other
Current Use: Mixed use
Floor Space (approx): 24882.00 Square Feet
Zoning Type: Commercial

Courtesy of: RE/MAX Kelowna

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Market Price Trends

Location of 1873-1875 Spall Road, Kelowna, British Columbia, V1Y 4R2

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

28 hot days expected in 2050

Projected Storm Risk: Relatively Low

12 storms expected in 2050

Projected Heat Risk: High

28 hot days expected in 2050

49/100

High

ClimateCheck®

Current data

This property, 1873-1875 Spall Road , experiences 7 hot days per year at around 33.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 37 degrees Celsius.

Projected Avg. Temperature

Past

33.2℃

2050

37℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Relatively Low

12 storms expected in 2050

19/100

Relatively Low

ClimateCheck®

Current data

This property, 1873-1875 Spall Road , experiences 11 significant 2-day storms per year, with about 140.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 154.4mm of precipitation per year.

Precipitation Per Storm

Past

140.9mm

2050

154.4mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1873-1875 Spall Road, Kelowna, British Columbia, V1Y 4R2

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$103,909.65

Average Number of Children

1.43

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.77 %

High school certificate or equivalent

32.26 %

Apprenticeship trade certificate/diploma

10.71 %

College/non-university certificate

16.31 %

University certificate (below bachelor)

3.38 %

University Degree

26.57 %

Commuter

Travel To Work

By Car

75.14 %

By Public Transit

3.19 %

By Walking

15.85 %

By Bicycle

3.64 %

By Other Methods

2.18 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

83.35 %

Houses

16.65 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 1873-1875 Spall Road, Kelowna, British Columbia, V1Y 4R2

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 1873-1875 Spall Road, Kelowna, British Columbia, V1Y 4R2

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

1873-1875 Spall Road, Kelowna, British Columbia, V1Y 4R2

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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