Potential for industrial redevelopment - 3116 Appaloosa Road
Kelowna , BC V1V 2G9
FOR SALE
Property Type:
Commercial Land DevelopmentAmount:
$2,290,000
Cap Rate:
0.00%Last Verified:
Sep 23, 2024Daily Email Blast
0 times
Potential for industrial redevelopment, in the Appaloosa/Sexsmith area of Kelowna. Single family home on 1 acre, currently zoned RR2, thisproperty has been identified, in the City of Kelowna’s 2040 OCP, with a future use designation of IND – Industrial, similar to neighbouringproperties that have been successfully rezoned to I2. Existing home, built in 1985, totals +/-2,193 SF with +/-1,223 SF on the main and +/-970SF on a lower/basement level and includes 4 bedrooms and 3 bathrooms. In-law a suite on the lower level (not legal) with a separate entrance.Double garage and a detached workshop, 32’ x 20’ with a loft. Home could provide holding income if rented, while waiting for redevelopment.The property has easy access to and from Highway 97 N via Sexsmith Rd and is only minutes from UBC Okanagan, Kelowna InternationalAirport and Highway 33.