4,000 sqft
Landscaped, Level
$1,348,800
Fantastic Downtown Investment: Prime P2 Zoned Property, Income Potential! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property is ripe with oppurtunity. Currently undergoing an update to the lower suites, main-floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. This can deliver a return on investment as a currently licensed and operating 11-room, 40-bed hostel with a proven revenue history. The real value lies in its exceptional versatility: P2 Zoning: Highly flexible, permitting high-demand applications like supportive housing, health services, private clubs, and diverse business ventures. Significant growth opportunities, including potential for OPC multi-family residential development. Secure your future in Kelowna’s core—this is the definitive opportunity to capitalize on a property with both turnkey income and unparalleled development flexibility. GST is applicable (id:63476)
Business
|
Business Type |
Service |
|
Business Sub Type |
Accounting |
Property Details
|
MLS® Number |
10385536 |
|
Property Type |
Business |
|
Neigbourhood |
Kelowna North |
|
Amenities Near By |
Golf Nearby, Airport |
|
Features |
Level Lot |
|
Parking Space Total |
6 |
Building
|
Constructed Date |
1952 |
|
Size Interior |
4,000 Sqft |
|
Type |
Other |
|
Utility Water |
Municipal Water |
Parking
Land
|
Access Type |
Easy Access |
|
Acreage |
No |
|
Land Amenities |
Golf Nearby, Airport |
|
Landscape Features |
Landscaped, Level |
|
Sewer |
Municipal Sewage System |
|
Size Frontage |
50 Ft |
|
Size Irregular |
0.16 |
|
Size Total |
0.16 Ac|under 1 Acre |
|
Size Total Text |
0.16 Ac|under 1 Acre |