Property Description

Two Storey multi-tenant investment property for sale in prime Downtown Kelowna location. This 15,000 sf building features Highway 97 (Harvey Ave) visibility and convenient access to the downtown core, transit, waterfront and area amenities. Currently occupied with 14 commercial tenants including retail and multiple small private offices on short-term agreements. Redevelopment potential exists with UC1 zoning that allows a variety of different uses and potential to increase density and height. Can be combined with neighboring property (342 Leon Ave - 21,000sf building on 0.344 acres) to increase development potential, this is listed exclusively with a different seller, speak to listing agents for more info. Great opportunity to acquire cash-flowing investment building or future development site well below BC Assessed Value ($3,795,000). Contact listing agents for further tenancy and financial information. (id:7434)