2876 Appaloosa Road, Kelowna, British Columbia V1V 2G8
$3,250,000
HIGH DEMAND, POTENTIAL INDUSTRIAL LAND IN THE APPALOOSA/SEXSMITH AREA OF KELOWNA - Approx. 1.75 acre property currently zoned A1 with potential to rezone to “I2 – General Industrial.” City of Kelowna has currently designated this property “IND – Industrial” in the 2040 OCP. Service upgrades to the area are already underway but have not yet been approved for 2876 Appaloosa. The property at 2876 Appaloosa Rd is well positioned to benefit from the newly updated 2022 City of Kelowna Zoning Bylaws, which currently designates I2 zoning allowing for a maximum site coverage of all buildings to 60%, max. base density (FAR) 1.5 and a max. base height up to 16 m. The current single-family home rents for $3800 per month and can provide holding income until the property is redeveloped. Asking price does not include any rezoning costs. (id:42365)
Property Details
| MLS® Number | 10265861 |
| Property Type | Agriculture |
| Neigbourhood | North Glenmore |
| Farm Type | Unknown |
Building
Land
| Acreage | Yes |
| Current Use | Agriculture - Active |
| Size Irregular | 1.75 |
| Size Total | 1.75 Ac|1 - 5 Acres |
| Size Total Text | 1.75 Ac|1 - 5 Acres |
| Zoning Type | Agricultural |
https://www.realtor.ca/real-estate/25131638/2876-appaloosa-road-kelowna-north-glenmore
Personal Real Estate Corporation
(250) 870-2165
www.mclrealestate.ca/
https://www.facebook.com/mclaughlincommercialluxury/
https://ca.linkedin.com/in/kristophermclaughlin
https://twitter.com/MCLRealEstate
100 - 1553 Harvey Avenue
Kelowna, British Columbia V1Y 6G1
(250) 717-5000
(250) 861-8462
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March 23 2023 11:59:33
Okanagan-Mainline Real Estate Board
RE/MAX Kelowna