About 730 Bernard Avenue
Fantastic Downtown Investment: Prime P2 Zoned Property with Immediate Income potential! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property is a developer's dream. Currently undergoing an update for the lower suites, main floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. It delivers an immediate return as a currently licensed, operating 12-room, 40-bed hostel with a proven revenue history prior to COVID-19. The real value lies in its exceptional versatility: P2 Zoning: Highly flexible, permitting high-demand applications like supportive housing, health services, private clubs, and diverse business ventures. Significant growth opportunities, including potential for OPC multi-family residential development. Secure your future in Kelowna’s core—this is the definitive opportunity to capitalize on a property with both turnkey income and unparalleled development flexibility. (id:6289)
730 Bernard Avenue, MLS#: 10366465 is located in the Kelowna North neighborhood of Kelowna, British Columbia, Postal Code: V1Y6P5. The Freehold home is 4,050 sq. ft. with 10 bedrooms and 3 bathrooms, along with 2 garages.
The Single Family Freehold property was constructed in 1950.
The property is currently listed at $1,488,900.
