13218 KELLY Avenue, Summerland, British Columbia V0H1Z0

Listing courtesy of Chamberlain Property Group.

$399,000

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List Price
$399,000
Price Change
▼ $20,000 1780955102
MLS®
10376603
Status
ACTIVE
Type
Commercial
Subtype
Other
Lot Size Dimensions
0.14
Lot Size
6,098
Subdivision
Main Town

Property Description

Court-Ordered Sale – Prime Development Opportunity in Central Summerland. Exceptional development property ideally located in the heart of Summerland. The existing home sits across two 25’ x 120’ lots, offering outstanding potential under the highly attractive CB1 zoning, which permits up to 100% lot coverage. The development possibilities here are extensive — build two individual commercial buildings or explore a mixed-use commercial/residential project. Permitted uses under the current zoning include financial institutions, health services, retail, professional offices, restaurants, craft brewery, and apartment units. The existing building on the property requires TLC, however it could provide some holding income as a commercial property while you plan and design your redevelopment. This is a court-ordered sale. All offers must be accompanied by Schedule A, to be provided by the listing agent. (id:5764)

Additional Information

Subdivision
Main Town
Parking Spaces
1
Country
Canada
Sewer
Municipal sewage system
Roof
Asphalt shingle, Unknown
Heating
Forced air, See remarks
Lot Size
6,098
Exterior Features
Stucco

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Calculator source: Real Geeks