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:58444)
| Business Type | Service |
| Business Sub Type | Accounting |
| MLS® Number | 10385536 |
| Property Type | Business |
| Neigbourhood | Kelowna North |
| Amenities Near By | Golf Nearby, Airport |
| Features | Level Lot |
| Parking Space Total | 6 |
| Constructed Date | 1952 |
| Size Interior | 4,000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
| Detached Garage | 6 |
| Access Type | Easy Access |
| Acreage | No |
| Land Amenities | Golf Nearby, Airport |
| Landscape Features | Landscaped, Level |
| Sewer | Municipal Sewage System |
| Size Frontage | 50 Ft |
| Size Irregular | 0.16 |
| Size Total | 0.16 Ac|under 1 Acre |
| Size Total Text | 0.16 Ac|under 1 Acre |
https://www.realtor.ca/real-estate/30137753/730-bernard-avenue-kelowna-kelowna-north
Contact us for more information
Michal Gook
Personal Real Estate Corporation
(778) 478-9300
(778) 478-1099
okanagan.evrealestate.com/