Active
2343 Pandosy Street
Kelowna British Columbia, V1Y1T2
$3,095,000
$263.15 per sqft
Active
0.27 Acres
Land
Courtesy of Royal LePage Kelowna
Exciting Opportunity in the new MF4 Zoning! The owner is well into a Development Permit process for a 5-story building and now with new MF4 zoning this can now be mixed use commercial (main floor) and residential of up to 6 stories total, and minimal parking. Permitted density will be 2.5 F.A.R. or 26,853 sqft Very impressive preliminary plans available. Commercial will be permitted on the main floor. Two properties have been amalgamated to one title. The holding period can be profitable with excellent steady monthly income of approximately $10,000 attainable from the International Hostel ($6,000/month) and detached 3+2 bedroom home ($4,000/month). The Hostel can also be operated for much higher income and hostel revenue in the summer months ranges from $25k to $35k. (id:41202)
10306256
MLSⓇ ID
September 13, 2024
Updated
Map
2343 Pandosy Street
Kelowna British Columbia, V1Y1T2
Exterior/Building Features
Lot Size
0.27 Acres
Sewer
Municipal sewage system
Other Property Details
Garage
No
View
No
Pool
No
Zoning
Unknown
Courtesy of Royal LePage Kelowna
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