Rare opportunity to purchase a 0.976 acres (42,515 SF) industrial lot in Kelowna’s downtown north end industrial area. Fantastic central location in Downtown Kelowna, just north of Clement Avenue off of Gordon Drive, in the trendy Brewery District neighborhood. Bordering both industrial and residential areas, and surrounded by many other commercial and industrial businesses. Property is fenced and gated and has no permanent structures. I2 General Industrial zoning allows for a multitude of uses such as general industrial, automotive, participant recreation services indoor, food and liquor primary establishments, and more. This is a unique transitional site and the city has been receptive in preliminary high-level discussions for a proposed industrial / commercial / residential mixed-use building. The site allows up to 3.0 FAR and 127,545 of buildable square feet. The hillside is expected to have minimal impact on the development potential due to a city requirement for 10% of the site to be non-hard landscaping. Access and parking easements and/or agreements will be required for the property, to accommodate use and access on adjacent lots. Currently the largest development parcel available in Downtown Kelowna, and one of the most accessible. The neighbouring multi-tenanted investment property at 1111 Gordon Drive is also available for sale (MLS #10332547). (38876866)
Property Type
Vacant Land
Neighbourhood Name
Kelowna North
Land Size
0.98 ac|under 1 acre
Annual Property Taxes
$25,405.60 (CAD)
Time on REALTOR.ca
36 days
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