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236 days on Market

2542 Main Street, West Kelowna, British Columbia V4T1P9

$1,499,888
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Detached
5
2
~2415 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$621/sqft

Est. Mortgage$6,441/mo

Tax Amount ()-

Days On Market236 days


Description

Welcome to the future heart of West Kelowna's thriving commercial scene! Situated in the prime location of Westbank Urban Centre – Commercial Core, this 0.33-acre property boasts an exciting opportunity for developers and investors alike. With recent changes to the Official Community Plan (OCP), this property's Land Use Designation has been strategically updated to align with the city's long-term vision. A new Zoning Bylaw, currently in progress, will further enhance the potential of this parcel, opening doors to a myriad of development possibilities. This is your chance to be a part of West Kelowna's evolution, with zoning that permits a diverse range of commercial ventures. From office spaces to retail outlets, mixed-use buildings to institutional facilities, and even live-work units, the potential for this property knows no bounds. With the flexibility to construct mid-rise to high-rise structures, reaching up to 15 stories (subject to design and lot size considerations), your vision can truly take flight here. Sold for land development value. While the existing home is sold ""as is,"" the true value lies in its potential for transformation. Don't miss out on this extraordinary opportunity to secure your foothold in West Kelowna's burgeoning commercial core. Home measurements are approximate. Property is currently tenanted but will most likely be vacant by July 2024. (id:39198)


Property Details

StyleHouse, Detached
ViewLake view, Mountain view, View (panoramic)
Age of property1965
SqFt~2415 SqFt
Lot Size-
Parking Spaces6
MLS ®Number10306582
Community NameWestbank Centre
Data SourceCREA

Features

Heating: Baseboard heaters
Cooling: See Remarks
Basement: Full

Basement Floor

3pc Bathroom

10'0'' x 6'0''

Bedroom

18'0'' x 14'0''

Storage

18'0'' x 9'0''

Bedroom

12'0'' x 12'0''


Features

Municipal sewage system

Parking

Garage spaces 6

Garage type -

Other parking spaces 0

Total parking spaces 6


Property History

Now
ListedFor Salefor$1,499,888Active
236 days on market
Listing by crea®
history photo preview13
Now
ListedFor Salefor$1,499,888Active
236 days on market
Listing by crea®
history photo preview15
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Property listed by Sage Executive Group Real Estate - Letnick Estates, Brokerage
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