730 Bernard Avenue, Kelowna, British Columbia V1Y6P5
Listing courtesy of Engel & Volkers Okanagan.
- $1,488,900
- 10
- BD
- 3
- BA
- 4,050
- SqFt
- List Price
- $1,488,900
- MLS®
- 10366465
- Days on Market
- 276
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family
- Bedrooms
- 10
- Bathrooms
- 3
- Living Area
- 4,050
- Lot Size Dimensions
- 0.16
- Lot Size
- 6,969
- Subdivision
- Kelowna North
Property Description
Fantastic Downtown Investment: Prime P2 Zoned Property with Immediate Income potential! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property is a developer's dream. Currently undergoing an update for the lower suites, main floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. The potential for a solid return on investment as a currently licensed, operating 12-room, 40-bed hostel with a proven revenue history prior to COVID-19. 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 or 4-story development flexibility. (id:5764)
Additional Information
- Ownership
- Freehold
- View
- City view
- Garage
- Yes
- Subdivision
- Kelowna North
- Parking Spaces
- 6
- Cooling
- Central air conditioning
- Country
- Canada
- Flooring
- Tile, Laminate
- Sewer
- Municipal sewage system
- Roof
- Asphalt shingle, Unknown
- Heating
- Forced air, See remarks
- Lot Features
- Level lot
- Stories
- 3
- Lot Size
- 6,969
