$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
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$1,488,900
$1,488,900
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$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
$1,488,900
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Fantastic Downtown Investment: Prime P2 Zoned Property with Immediate Income! 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:45055)
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Property Details
MLS® Number 10364717 Property Type Other Neigbourhood Kelowna North AmenitiesNearBy Golf Nearby, Airport Features Level Lot ParkingSpaceTotal 8 -
Building
ConstructedDate 1950 CoolingType Window Air Conditioner ExteriorFinish Stucco FireProtection Security, Sprinkler System-fire, Smoke Detector Only HeatingType Forced Air, See Remarks RoofMaterial Asphalt Shingle RoofStyle Unknown SizeInterior 4,000 Ft2 Type Residential Commercial Mix UtilityWater Municipal Water Detached Garage 8 -
Land
AccessType Easy Access Acreage No CurrentUse Mixed Use LandAmenities Golf Nearby, Airport LandscapeFeatures Landscaped, Level Sewer Municipal Sewage System SizeFrontage 50 Ft SizeIrregular 0.16 SizeTotal 0.16 Ac|under 1 Acre SizeTotalText 0.16 Ac|under 1 Acre -
Rooms
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Utilities
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 12 2025 07:32:17
Association of Interior REALTORS®
Engel & Volkers Okanagan
