2418 Drought Road, West Kelowna, BC V4T1P6
2418 Drought Road, West Kelowna, BC V4T1P6
2418 Drought Road, West Kelowna, BC V4T1P6
2418 Drought Road, West Kelowna, BC V4T1P6
2418 Drought Road, West Kelowna, BC V4T1P6
2418 Drought Road, West Kelowna, BC V4T1P6
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Dave Kotler *PREC

Dave Kotler *PREC

+1(250) 979-8823
$ 1,474,000
Est. payment | /mo

3,000 SqFt

Save Virtual Tour
$ 1,474,000
Est. payment | /mo
Save Virtual Tour

3,000 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000

Square Footage 3,000 sqft

Price per Sqft $491

Subdivision Westbank Centre

MLS® Listing ID 10387141

Year Built 1995

Lot Size 6,098 Sqft

Acres 0.14

Property Description

Live, Work and Invest In One Location. Mixed-use commercial/residential investment in downtown West Kelowna on a high-exposure corridor with excellent access, transit, amenities, and ample on-site parking. C1 zoning allows for a wide range of uses including medical, dental, legal, physio, chiropractic, childcare, education, restaurant, pub, retail, personal services, entertainment, and more, plus apartment or care facility development potential for long-term upside. Building totals approx. 2,680 sq ft with ~1,200 sq ft commercial space on the main floor and two residential suites above (~1,480 sq ft) providing diversified income. Ideal for an owner-operator to occupy the commercial unit while generating revenue from the residential units, or as a pure investment. The current owner is prepared to enter into an above market lease with the new owner offering an immediate stable income source. Residential units are both on month-to-month tenancies: Suite 1: 2 bed, 1 bath, in-suite laundry, Suite 2: 1 bed, 1 bath, in-suite laundry. Extensively updated in 2019 with PEX plumbing, upgraded electrical service, two new furnaces, and newer A/C units, providing a low-maintenance, turn-key asset. Reach out today on this strong holding property with cash flow, flexible use options, and future redevelopment potential in a rapidly growing urban market. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Interior

Heating Forced air, See remarks

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Roof Type Unknown

Attached Garage No

Total Parking Spaces 9

Garage No

Private Pool No

Building

Lot Description Level

Sewer Municipal sewage system

Others

Virtual Tour https://unbranded.youriguide.com/qdxm8_2418_drought_rd_west_kelowna_bc/

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Listed by Engel & Volkers South Okanagan

Nearby Locations

Dave Kotler *PREC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(250) 979-8823

davekotlerkelowna@gmail.com

1 - 1890 Cooper Road, KELOWNA, British Columbia V1Y 8B7, CA

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2418 Drought Road