730 BERNARD AVENUE, Kelowna, British Columbia V1Y6P5
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Highlights
Estimated valueThis is the price Wahi expects this property to sell for.
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Price/Sqft$367/sqft
Monthly cost
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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. It delivers an immediate return 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 unparalleled development flexibility. (id:39198)
Property Details
Interior
Features
Second level Floor
Bedroom
12'5'' x 15'1''3pc Bathroom
9'11'' x 8'4''Bedroom
12'1'' x 6'3''Bedroom
13'11'' x 12'4''Exterior
Parking
Garage spaces -
Garage type -
Total parking spaces 6
Property History
42
