$1,388,000

Commercial For Sale In Rutland, Kelowna, British Columbia

$1,388,000
  • 3

    Bedrooms

  • 2

    Baths

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    LOT SIZE

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Property Information:

This incredible property offers a rare development opportunity, having recently been rezoned from MF1 to MF2, making it ideal for constructing 3-storey townhomes. The seller has multiple site analysis plans and renderings available, showcasing conceptual options for a 7, 8, or even 10-townhome development, with each unit designed at approximately 2,000 square feet. Tucked away from throughway traffic, the property enjoys the tranquility of a peaceful neighborhood while offering convenient walking access to Springfield Road. Whether you're a developer seeking your next project or an investor looking for a property with significant upside, this location strikes the perfect balance between privacy and accessibility. This is an unparalleled opportunity to develop a centrally located site with multiple options to fit your investment strategy. Don't miss out on the chance to create something truly remarkable in this growing area! (id:27)

Building Features:

  • Style: Mixed
  • Building Type: Residential Commercial Mix
  • Heating Type: Forced air

Property Features:

  • OwnershipType: Freehold
  • Property Type: Other
  • Bedrooms: 3
  • Bathrooms: 2
  • Built in: 1968
  • Current Use: Mixed use
  • Utility Type: Hydro - Available
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage
  • No. of Parking Spaces: 1

Courtesy of: Engel & Volkers Okanagan

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.