215 Arab Road, Kelowna, British Columbia V1V2G8

Listing courtesy of REMAX Kelowna.

$3,500,000
8
BD
6
BA
5,865
SqFt

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List Price
$3,500,000
MLS®
10382249
Days on Market
109
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
8
Bathrooms
6
Living Area
5,865
Lot Size Dimensions
1.85
Lot Size
80,586
Subdivision
North Glenmore

Property Description

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:5764)

Additional Information

Ownership
Freehold
Garage
Yes
Subdivision
North Glenmore
Parking Spaces
5
Country
Canada
Sewer
Septic tank
Community Features
Rural Setting
Heating
Electric, See remarks, Hot Water
Stories
2
Lot Size
80,586

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