520 Rutland Road N, Kelowna, British Columbia, V1X 3B4

$1,499,000

MLS® # 10328904

Commercial For Sale In Rutland, Kelowna, British Columbia

$1,499,000

Property Information:

Rare opportunity to purchase a double road front/back access, development site located on a prime central location in Rutland. The property generates rental income plus future upside as increased density multifamily development.The zoning allows a 6 stories apartment building with mixed commercial option. Huge .31 Acres (13,504 SF) site close proximity to schools, shops, parks, transit and restaurants. The current FAR 2.30 with bonus has potential to support 20-30 units based on unit mix.The existing home comes with 4 bedrooms and 2 bathrooms with ample storage space in the basement. 10 minutes drive to Downtown, UBCO, and Airport. 40 Mins Big White Ski Resort. (id:27)

Building Features:

  • Style: Mixed
  • Building Type: Residential Commercial Mix
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Forced air

Property Features:

  • Property Type: Other
  • Access Type: Easy access
  • Amenities Nearby: Golf Nearby, Airport, Park, Recreation, Schools, Shopping
  • Community Features: Family Oriented
  • Current Use: Mixed use
  • Features: Level lot
  • Fence Type: Fence
  • Landscape Features: Landscaped
  • Lot Frontage: 67.0 Feet
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system
  • Parking Type: See Remarks
  • No. of Parking Spaces: 7

Courtesy of: RealtyMonX

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

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