Home / Properties / 730 Bernard Avenue, Kelowna
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$1,488,900

730 Bernard Avenue, Kelowna

10 Beds • 3.0 Baths • 4,050 Sq Ft • House
MLS# 29025390
  • House home
  • Spacious 10-bedroom layout
  • Kelowna location
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About This Property

Fantastic Downtown Investment: Prime P2 Zoned Property with Immediate Income potential! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property is a developer’s dream. Currently undergoing an update for the lower suites, main floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. The potential for a solid return on investment as a currently licensed, operating 12-room, 40-bed hostel with a proven revenue history prior to COVID-19. 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 or 4-story development flexibility. (id:66198)

Property Details

Bedrooms 10
Bathrooms 3.0
Living Area 4,050 sq ft
Property Type House

Location

730 Bernard Avenue, Kelowna, British Columbia, V1Y6P5

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