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Realty Executives Kelowna
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| Beverley Desmarais |
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Email Beverley |
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Phone: |
250-861-5122 |
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Cell: |
250-469-4339 |
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Fax: |
1-888-850-4339 |
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Address:
3741 Brown Road
Type: Commercial
Style: 3 separate homes
Bedrooms: n/a "rented out"
Garage: Single
Size: 0 sq. ft. "3 homes"
Lot Type: Rectangular
Lot Size:
0.71acres
124ft x 250ft
"124 x 250"
Year Built: n/a "3 homes"
Taxes: $6,684.00 (2010)
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Assembly of developable land
The properties are located in a prime location in the center of West Kelowna’s urban center and on Highway 97; the main corridor running from North to South through The Okanagan Valley.
The properties are in a high traffic location on the highway, with in excess of 46,000 vehicles per day passing by. The property has a view of Okanagan Lake and is located on the right side in the heart of Westbank Town Centre, the Downtown core of West Kelowna, within walking distance to shopping, movie theater, recreation and all other amenities and close to golf course, wineries and lake.
The land assembly consist of four properties, one property on Lend Road is a vacant lot and the other three properties have homes that are rented out on a month to month basis. The three properties generate a total annual income of $48,000.
The current zoning for the land assembly is R1 - Single Detached Housing whereby the OCP calls for a C1 Town Centre Commercial. This designation is intended for intensive and varied commercial, business, tourist and service uses in the Westbank Town Centre. This allows for many different development options.
The property owners are open to any proposal; either sells all four properties, build to suit or a joint venture with other owner/user or investors. The ideal development is a combination of commercial and residential use targeting young professionals that work and live in the same complex. The owners are approach by a physiotherapist that wants to buy a 2,000 sq ft commercial strata unit in this future development project. Since many seniors living in the proximately of the development, it could also be designated as a medical building. Land is slightly sloped towards Lend Road, which makes it ideal to build a parkade under the building with access from Lend Road.
In case developer wants develop a larger project, adjacent property owners within city block willing to sell their property or partnership |
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View
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▪ Downtown
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▪ Lake
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▪ Mountain View
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Buying Options
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Lot Features
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Brokered and Advertised by:
Realty Executives of Kelowna
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P2#34725923
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Information is deemed to be correct but not guaranteed.
