251 Harvey Ave

For Sale 239 Days
$6,298,000 $300K
$5,998,000
0.56 Acre

251 Harvey Ave

For Sale 239 Days
$6,298,000 $300K
$5,998,000
0.56 Acre

Highlights

Key insights

Description

ONE OF KIND INVESTMENT/DEVELOPMENT OPPORTUNITY IN THE HEART OF THE OKANAGAN VALLEY! Rarely offered with this substantial potential, 251 Harvey Ave is strategically located at the entrance of the City and is a central component to unlock the potential to create….“THE GATEWAY TO KELOWNA”! The property offers a well-maintained 6,000 sqft office building (C21 business NOT for sale) and sits on .55 acres. This prime lot will unlock the potential a large development statement piece situated in the heart of the Valley. Fronting the main corridor highway, this high exposure site is only steps to the vibrant downtown core with its trendy shops and dining, and of course, the jewel of the area - the famous Okanagan Lake. The City of Kelowna and zoning supports a multitude of development opportunities including a hotel, high end condos or rentals, or a mix of both with commercial components. The listed property, 251 Harvey Ave, sits smack dab in the center of this impressive spot and would offer a buyer an attractive leaseback of $242,200 annually. As a standalone investment for future income/holding property, or part of this rare development opportunity - DO NOT LET THIS ONE PASS BY, THIS IS THE ONE! Please contact the listing agents for further information. (id:55581)

Mark Boppre of Century 21 Assurance Realty Ltd,
#10330054
updated 3 months ago.
Houseful checked MLS® for data 3 months ago.

Home overview

Amenities / Utilities
  • Sewer/ septic
    Municipal sewage system
Location
  • Subdivision
    Kelowna south
  • Zoning description
    Unknown
  • Directions
    2151016
Lot/ Land Details
  • Lot dimensions
    0.56
Overview
  • Lot size (acres)
    0.56
  • Listing #
    10330054
  • Property sub type
    Land
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/27786052/251-harvey-avenue-kelowna-kelowna-south
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-15,995

/ Month
25 Years fixed, 20% down payment, % interest
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