- ©MLS 10385536
- Area 4000 sq ft
- Parkings 6
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:48970) Show More
Details
- Constructed Date: 1952
- Property Type: Business
- Type: Other
- Access Type: Easy access
- Neighbourhood: Kelowna North
Ammenities + Nearby
- Golf Nearby
- Airport
- Golf Nearby
- Airport
Features
- Level lot
- Service
- Accounting
Location
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Data provided by: Okanagan-Mainline Real Estate Board