5830 Beach Ave

For Sale 157 Days
$16,500,000
beds
baths

5830 Beach Ave

For Sale 157 Days
$16,500,000
beds
baths

Highlights

Key insights

Description

Land Assembly - 19 total lots. Embrace this once in a lifetime opportunity to revitalize a downtown core that is just steps from Okanagan Lake in one of Canada’s most inviting and spectacular regions. Assembled over twenty years, and now being offered for sale as a package of close to 65,000 SQFT, all C2 zoned, this is an incredible opportunity for housing, retail, hotel, restaurants, services and municipal spaces to be created in unison, resulting in a downtown core that is vibrant and innovative. The centrepiece of the package is close to 18,000 SQFT at the centre of Beach Ave. and right across from Okanagan Lake that will be the focal point of Peachland’s downtown. The entire assembly is currently leased and offers the ability to defer costs and create diverse opportunity throughout the process. Peachland is undergoing significant modernization in its vision for the downtown core and this opportunity offers the chance to work collaboratively with the District to help realize that goal. The District holds +/- 39,000 SQFT of land adjacent to the offered land, further enhancing the opportunity for partnerships and creative solutions for downtown Peachland. Some photos have been digitally enhanced to identify the properties included. the shaded areas are for reference only and should be verified. (id:63267)

Jonathan Wall of Engel & Volkers South Okanagan,
#10340575
updated 1 week ago.
Houseful checked MLS® for data 1 week ago.

Home overview

Location
  • Subdivision
    Peachland
  • Zoning description
    Mixed
  • Directions
    1432442
Lot/ Land Details
  • Lot dimensions
    0.28
Overview
  • Lot size (acres)
    0.28
  • Listing #
    10340575
  • Property sub type
    Other
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28121530/5830-beach-avenue-peachland-peachland
  • 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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$-44,000

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