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$ 2,290,000
Est. payment /mo
Active
453 Morrison Avenue Kelowna, BC V1Y5E1
6,350 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 6,350 sqft
Price per Sqft $360
Subdivision Kelowna South
MLS® Listing ID 10310429
Originating Board Association of Interior REALTORS®
Year Built 1996
Lot Size 8,712 Sqft
Acres 8712.0
Property Sub-Type Freehold
Property Description
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:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Heating Forced air, See remarks
Cooling Central air conditioning
Exterior
Parking Features Yes
Garage Spaces 2.0
Garage Description 2
Community Features Family Oriented
View Y/N No
Roof Type Unknown
Total Parking Spaces 10
Private Pool No
Building
Lot Description Level
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://my.matterport.com/show/?m=tRhMdNjfNaZ
Listed by Oakwyn Realty Okanagan-Letnick Estates
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