730 Bernard Avenue, Kelowna, British Columbia

$1,348,800

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4,000

Square feet

0.16

Acres

About 730 Bernard Avenue

Fantastic Downtown Investment: Prime P2 Zoned Property, Income Potential! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property is ripe with oppurtunity. Currently undergoing an update to the lower suites, main-floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. This can deliver a return on investment as a currently licensed and operating 11-room, 40-bed hostel with a proven revenue history. The real value lies in its exceptional versatility: P2 Zoning: Highly flexible, permitting high-demand applications like supportive housing, health services, private clubs, and diverse business ventures. Significant growth opportunities, including potential for OPC multi-family residential development. Secure your future in Kelowna’s core—this is the definitive opportunity to capitalize on a property with both turnkey income and unparalleled development flexibility. GST is applicable (id:6289)

Features of 730 Bernard Avenue

Listing # 10385536
Price $1,348,800
Square Footage 4,000
Acres 0.16
Year Built 1952
Type Business

Community Information

Address 730 Bernard Avenue
Subdivision Kelowna North
City Kelowna
Province British Columbia
Postal Code V1Y6P5

Amenities

Features Level lot
Parking Spaces 6
Parking Detached Garage
Garages Detached Garage
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description 0.16

Listing Details

OfficeEngel & Volkers Okanagan

Listing Map

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