730 Bernard Ave, Kelowna, BC V1Y6P5

Beds
10
Baths
3
Sqft
176,418,000

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Listed byUNRESERVED BROKERAGE
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Overview

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:58180)

Location

Full feature list

Basic info

Property type
House
Number of stories
3
Number of bedrooms
10
Number of bathrooms
3
Square feet
176,418,000
Lot size (acres)
0.16
Year built
1950

Interior features

Basement
Yes

Utilities

Heating
See Remarks, Forced Air
Sewer
Septic System
Water
Water

Taxes

Tax Annual Amount
$9,651.26

Public schools

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Sourced from: Canadian Real Estate Association MLS®#: 10366465 Last checked:

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