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$7,925,000
Est. payment /mo
0.57 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Kelowna South
MLS® Listing ID 10328767
Originating Board Association of Interior REALTORS®
Lot Size 0.570 Acres
Acres 24829.2
Property Sub-Type Freehold
Property Description
This rare four-lot assembly boasts a prime corner location in the heart of Pandosy Village, offering exceptional potential for mixed-use development. Currently featuring houses and a parking lot with holding income, this trophy property is positioned along a major Transit Corridor, just steps from Kelowna General Hospital, grocery-anchored retail centres, waterfront parks, and SOPA Square, a landmark 14-storey mixed-use project. The site is ideally situated within 100 meters of Lake Okanagan and a short walk to over 30 trendy restaurants, schools, Okanagan College, and Kinsmen Park. With up to 2.35 FAR for rental development, the property allows for a maximum of 53,083 net rentable square feet, making it a prime candidate for a vibrant urban project. Conveniently connected to downtown and UBC Okanagan via transit, this location offers unmatched accessibility. Priced at $149 per maximum net rentable square foot, the opportunity also includes the potential for a share sale of a bare trust. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Private Pool No
Others
Ownership Freehold
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Listed by Unison HM Commercial Realty