$2,290,000
FOR SALE

Commercial/Retail

Lot: 85 x 0 ftTotal Area: 6,350 ft2

453 Morrison Avenue
Kelowna, BC V1Y 5E1 | Kelowna South

Situated on a large .2-acre lot, this property is currently zoned MF1B with C-NHD future zoning, opening doors to lucrative development opportunities and ensuring value appreciation over time. With potential for various business opportunities such as boarding or lodging houses, group homes, childcare, home-based businesses, care homes, senior centers, and more, the possibilities are endless. This cash flow rental property boasts an enviable location just steps away from the beach & Kelowna General Hospital. Featuring an impressive layout of 12 bedrooms & 14 bathrooms spread over 6,350 sq ft of living space, this property offers endless investment possibilities. Fully rented and Fully property managed, there are shared kitchen, laundry room, lobby, dining room, entertainment space, outdoor BBQ, manager's suite (with kitchen) etc. This investment guarantees an immediate stream of income, fueling your financial aspirations from day one. And let's not forget about the unbeatable location – nestled within Pandosy Village, you'll be surrounded by commercial retails, restaurants, parks, and the tranquil beach just a block away. This investment isn't just about immediate returns; it's about securing your future in one of Kelowna's most sought-after areas. Don't miss out on this rare opportunity to invest in both cash flow and future development potential in Kelowna's premier neighborhood. (id:47421)
Share
Listed By Sage Executive Group Real Estate - Letnick Estates
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10310429
Last Updated Apr 18, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Neighbourhood Kelowna South
Community Rose Cottage
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Lot 85 x 0 ft
Total Area 6,350 ft2
Amenities Nearby Public Transit, Park, Recreation, Schools, Shopping
Community Features Family Oriented
Features Level lot, Private setting, Wheelchair access
Listing Contract Date 2024-04-18
Municipal ID 010-001-719
Ownership Type Freehold
# of Parking Spaces 10
Property Type Other
Transaction Type For sale
Zoning Unknown
Building
Constructed Date 1996
Cooling Type Central air conditioning
Exterior Finish Stucco
Fire Protection Security system, Smoke Detector Only
Heating Type Forced air, See remarks
Roof Material Asphalt shingle
Roof Style Unknown
Type Other
Utility Water Municipal water
Parking Spaces
Name Spaces
Attached Garage2
Land
Total Size 0.2 acres
Access Type Easy access
Amenities Public Transit, Park, Recreation, Schools, Shopping
Landscape Features Level
Sewer Municipal sewage system
Size of Irregular Land 0.2

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)