Listing Details
Subtype: Industrial
Zoning: A2/I2
Sale type: Ideal for both investors and owner-users
Lot Size: 2.23 Acres
Description
Offered at $5,575,000, this 2.23-acre property is in Kelowna’s rapidly expanding Appaloosa Industrial Corridor, one of the city’s most active industrial areas. Currently zoned A2, the property benefits from low holding costs while offering strong rezoning potential to I2, consistent with OCP 2024, allowing for a wide range of industrial uses. The site features a 5,400 sq. ft., 6-bedroom, 3-full bathroom residence (ALL MEASUREMENTS ARE APPROXIMATE. PLEASE VERIFY IF NEEDED) with a new roof, furnaces, and hot water tank (2018), providing excellent interim rental income. Additional improvements include a 20’ x 40’ workshop with 220 power, three 10’ x 10’ locking storage sheds, and extensive equestrian facilities including covered paddocks, stalls, hay storage, tack room, and support areas—offering multiple revenue streams while redevelopment plans are finalized. Ideally located with quick access to Hwy 97 and Hwy 33, just 5 minutes to Kelowna International Airport and UBCO, and 13 minutes to Downtown Kelowna. An exceptional opportunity for developers, investors, or owner-users seeking industrial land with income potential and long-term gain.
Location & nearby
This listing is located in Kelowna, BC V1V 2G8
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