4000 sqft Other Residential Commercial Mix
730 Bernard Avenue, Kelowna

$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. It delivers immediate return as a currently licensed, operating 12-room hostel with a proven revenue history. 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)

  • Price: $1,488,900
  • Age: 1950
  • Size: 4000 sqft
  • Detached Garage: 8 Spaces
  • Exterior: Stucco
  • Cooling: Window Air Conditioner
  • Water: Municipal water
  • Sewer: Municipal sewage system
  • Listing Office: Engel & Volkers Okanagan
  • MLS#: 10364717
  • Landscape Features: Landscaped, Level