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$ 1,348,800
Est. payment /mo
Active
730 Bernard Avenue Kelowna, BC V1Y6P5
4,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 4000
Square Footage 4,000 sqft
Price per Sqft $337
Subdivision Kelowna North
MLS® Listing ID 10385536
Year Built 1952
Lot Size 6,969 Sqft
Acres 0.16
Property Description
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:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features Yes
Garage Spaces 6.0
Garage Description 6
View Y/N No
Attached Garage No
Total Parking Spaces 6
Garage Yes
Private Pool No
Building
Lot Description Landscaped, Level
Sewer Municipal sewage system
Listed by Engel & Volkers Okanagan