$2,290,000

Commercial For Sale In Kelowna, British Columbia

$2,290,000

Property Information:

Situated on a large .2-acre lot, this property is currently zoned MF1B with C-NHD future zoning, opening doors to lucrative development opportunities and ensuring value appreciation over time. With potential for various business opportunities such as boarding or lodging houses, group homes, childcare, home-based businesses, care homes, senior centers, and more, the possibilities are endless. This cash flow rental property boasts an enviable location just steps away from the beach & Kelowna General Hospital. Featuring an impressive layout of 12 bedrooms & 14 bathrooms spread over 6,350 sq ft of living space, this property offers endless investment possibilities. Fully rented and Fully property managed, there are shared kitchen, laundry room, lobby, dining room, entertainment space, outdoor BBQ, manager's suite (with kitchen) etc. This investment guarantees an immediate stream of income, fueling your financial aspirations from day one. And let's not forget about the unbeatable location – nestled within Pandosy Village, you'll be surrounded by commercial retails, restaurants, parks, and the tranquil beach just a block away. This investment isn't just about immediate returns; it's about securing your future in one of Kelowna's most sought-after areas. Don't miss out on this rare opportunity to invest in both cash flow and future development potential in Kelowna's premier neighborhood. (id:27)

Building Features:

  • Building Type: Other
  • Exterior Finish: Stucco
  • Fire Protection: Security system
  • Floor Space: 6350 Square Feet
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Forced air
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Other
  • Access Type: Easy access
  • Amenities Nearby: Public Transit, Park, Recreation, Schools, Shopping
  • Built in: 1996
  • Community Features: Family Oriented
  • Features: Level lot, Private setting, Wheelchair access
  • Floor Space (approx): 6350.00 Square Feet
  • Landscape Features:
  • Lot Frontage: 85.0 Feet
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage
  • No. of Parking Spaces: 10

Courtesy of: Sage Executive Group Real Estate - Letnick Estates

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.