MLS: 10366465
730 Bernard Avenue
4050 sqft
10 Bedrooms
3 Bathrooms
$1,488,900
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:6770)
Investment Opportunities Single Family Home < 1 Acre NewListed by Michal Gook
Engel & Volkers Okanagan
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Overview
- Price $1,488,900
- MLS # 10366465
- Age 1950
- Stories 3
- Size 4050 sqft
- Bedrooms 10
- Bathrooms 3
- Exterior Stucco
- Cooling Central Air Conditioning
- Appliances Refrigerator, Range - Electric
- Water Municipal water
- Sewer Municipal sewage system
- Flooring Laminate, Tile
- Listing Agent Michal Gook
- Listing Office Engel & Volkers Okanagan
- View City view
- Landscape Features Landscaped, Level
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