An Investment that makes sense. Potential very high density. Buy and hold with existing residential and business space. New Zoning allows up to 5.1 FAR and 15 Stories with density bonusing!! Looking for a strategic development site or holding property with serious upside? Commercial Core (Area B) under the city's bold 2040 OCP. The home is rentable. The jewel here is the business space. This space is perfect for two massage therapists, accountant’s office, hairdresser, etc. This area is envisioned as a vibrant, high-density hub designed to bring together retail, office, residential, and public spaces in one dynamic neighbourhood. Flexible, forward-thinking land use including commercial (office/retail), mixed-use buildings, institutional projects, and live-work spaces with a strong emphasis on urban energy and walkability. Potential for land assembly with adjacent properties may also be available. Ideal for developers with a vision to shape a growing community. Invest now with unique rental income. Buyers are advised to complete their own due diligence regarding zoning, height, and density regulations. (id:41613)

Full Address:
3570 Old Okanagan Highway, West Kelowna, British Columbia
Price:
$ 720,000
MLS Number:
10356843
List Date:
August 5th, 2025
Neighbourhood:
Westbank Centre
Lot Size:
0.17 ac
Year Built:
1925
Taxes:
$ 3,192
Ownership Type:
Freehold

Property Specifications

Bedrooms:
4
Bathrooms:
2
Appliances:
Washer, Refrigerator, Oven – gas, Dryer
Flooring:
Concrete, Tile, Laminate, Carpeted, Linoleum
Heating:
Baseboard heaters, Stove, Forced air, See remarks, Wood
Fireplaces:
1
Fireplace Type:
Wood, Conventional

Interior Features

Storeys:
3
Foundation:
Block
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Stucco, Vinyl siding
Garage:
Other, Rear, RV, Additional Parking
Garage Spaces:
6

Building Features

Finished Area:
2282 sq.ft.
Rooms:

Floors

Lot Size:
0.17 ac

Land

Neighbourhood Features

Ratings

Commercial Info

Location

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Neighbourhood Details

Agent: Rebecca AitkenBrokerage: Royal LePage Kelowna Phone: 250-300-6108

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