CITY SUPPORTS I2 ZONING!!! INVESTOR ALERT. THE 2026 TAX ASSESSED VALUE IS $3,344,000. THE SELLER IS OPEN TO ALL REASONABLE OFFERS & MAY LOOK AT A PARTNERSHIP TO BUILD INDUSTRIAL WAREHOUSE FACILITIES ON THE PROPERTY. THIS IS A GREAT HOLDING AND/OR DEVELOPMENT PROPERTY WITH POTENTIAL TO REZONE FROM A2 TO I2. This is a rare package of 1.85 Acres, close to the University, with a large house/building with 8 bedrooms, 6 bathrooms, a 5-car garage, and all under one roof. An excellent revenue property, or great for an extended family, or both. This property is NOT in the ALR (buyer to confirm) and rezoning from A2 to I2 (OCP 2040 Future Land Use is Industrial) is possible making this a great holding and/or development property. Don't miss out! (id:4069)
Address
215 Arab Road
List Price
$3,500,000
Property Type
Single Family
Type of Dwelling
House
Transaction Type
Sale
Area
British Columbia
Sub-Area
Kelowna
Bedrooms
8
Bathrooms
6
Floor Area
5,865 Sq. Ft.
Lot Size
1.85 Ac.
Year Built
1981
MLS® Number
10382249
Listing Brokerage
REMAX Kelowna
Postal Code
V1V2G8
Ownership
Freehold
Parking Places (Total)
5
Site Influences
Golf Nearby, Public Transit, Airport, Recreation, Schools
Community Features
Rural Setting
Heat Source
Electric
Heat Type
Hot Water, See remarks
Number Of Floors In Building
2
Water Source
Irrigation District
Access To Property
Easy access
Sewer
Septic tank
