10306256 | 2343 Pandosy Street

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2343 Pandosy Street
Kelowna BC , V1Y 1T2 , Canada

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Joe Ungaro

Personal Real Estate Corporation

Phone: 250.860.1100

Cell: 250.317.1819

Home Fax:

250.717.2279

Toll Free:

800.421.3214

My Website

Email Me

Royal LePage Kelowna

Brokerage:

1 - 1890 COOPER ROAD

Kelowna, BC
V1Y8B7

Phone: 250.860.1100

Fax: 250.860.0595

Company Website

Tracy Sjoquist

Sales Representative

Phone: 250.860.1100

My Website

Email Me

Brokerage:

Royal LePage Kelowna

1 - 1890 COOPER ROAD

Kelowna, BC
V1Y8B7

Phone: 250.860.1100

Fax: 250.860.0595

Company Website

$3,095,000.00

MLS® 10306256

Commercial

Lot Size:

11625 Square Feet

Remarks:

Exciting Opportunity in the new MF4 Zoning! The owner is well into a Development Permit process for a 5-story building and now with new MF4 zoning this can now be mixed use commercial (main floor) and residential of up to 6 stories total, and minimal parking. Permitted density will be 2.5 F.A.R. or 26,853 sqft Very impressive preliminary plans available. Commercial will be permitted on the main floor. Two properties have been amalgamated to one title. The holding period can be profitable with excellent steady monthly income of approximately $10,000 attainable from the International Hostel ($6,000/month) and detached 3+2 bedroom home ($4,000/month). The Hostel can also be operated for much higher income and hostel revenue in the summer months ranges from $25k to $35k.

Property Features:

Sewer: Public Sewer
Water Source: Public

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