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1650 PANDOSY STREET, Likely BC V1Y 1P7 - Photo 11 / 11

$2,900,000

1650 PANDOSY STREET, Likely BC V1Y 1P7

Commercial SaleMLS# C8082942Listed by FaithWilson Christies International Real Estate

Building Size

7,500 sqft

Lot Size

653,400,000 sqft (15000 ac)

Sub-type

Office

Zoning

UCI

Year Built

1960

Description

Two Storey multi-tenant investment property for sale in prime Downtown Kelowna location. This 15,000 sf building features Highway 97 (Harvey Ave) visibility and convenient access to the downtown core, transit, waterfront and area amenities. Currently occupied with 14 commercial tenants including retail and multiple small private offices on short-term agreements. Redevelopment potential exists with UC1 zoning that allows a variety of different uses and potential to increase density and height. Can be combined with neighboring property (342 Leon Ave - 21,000sf building on 0.344 acres) to increase development potential, this is listed exclusively with a different seller, speak to listing agents for more info. Great opportunity to acquire cash-flowing investment building or future development site well below BC Assessed Value ($3,795,000). Contact listing agents for further tenancy and financial information.

Location

1650 PANDOSY STREET, Likely BC V1Y 1P7

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MLS® data provided by the Fraser Valley Real Estate Board and Greater Vancouver REALTORS®. Not intended to solicit properties already listed.