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2876 Appaloosa Road, Kelowna, British Columbia V1V 2G8

3 Bedroom 2 Bathroom 1494 sqft
Ranch Central Air Conditioning Forced Air Acreage

$3,900,000

HIGH DEMAND, POTENTIAL INDUSTRIAL LAND IN THE APPALOOSA/SEXSMITH AREA OF KELOWNA Asking: $3.9 million (under $2.3 million per acre!) Rarely available 1.75-acre property currently zoned A1 with potential to rezone to I2 General Industrial. City of Kelowna has currently designated this property IND Industrial in the 2040 OCP. Service upgrades to the Appaloosa/Sexsmith area are already underway but have not yet been approved for 2876 Appaloosa. The seller is involved in starting a rezoning application to I2 - General Industrial with 4 neighbouring properties. Buyers are encouraged to verify if an estimate of $300,000 for servicing/rezoning and an additional $300,000 for site leveling/lock block retaining walls are reasonable estimates for their development plans. The property at 2876 Appaloosa Rd is well positioned to benefit from the draft 2022 City of Kelowna Zoning Bylaws, which currently designates I2 zoning allowing for a maximum site coverage of all buildings to 60%, max. base density (FAR) 1.5 and a max. base height up to 16 m. This is an outstanding industrial redevelopment site. The current single-family home rents for $3800 per month and can provide holding income until the property is redeveloped. (id:20009)

Property Details

MLS® Number 10256866
Property Type Single Family
Neigbourhood North Glenmore
Parking Space Total 21
Structure Workshop

Building

Bathroom Total 2
Bedrooms Total 3
Architectural Style Ranch
Basement Development Unknown
Basement Type Crawl Space (unknown)
Constructed Date 1988
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Flooring Type Ceramic Tile, Hardwood, Carpeted
Foundation Type Concrete
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Roof Material Asphalt Shingle
Roof Style Conventional
Stories Total 1
Size Interior 1494 Sqft
Type House
Utility Water Irrigation District

Parking

Attached Garage 1

Land

Acreage Yes
Fence Type Fence
Sewer Septic System
Size Irregular 1.75
Size Total 1.75 Ac|1 - 5 Acres
Size Total Text 1.75 Ac|1 - 5 Acres
Zoning Type Agricultural

Rooms

Level Type Dimensions
Main Level Kitchen 11 ft ,6 in x 11 ft
Main Level Family Room 14 ft ,3 in x 12 ft ,4 in
Main Level Living Room 14 ft x 13 ft ,5 in
Main Level Dining Room 14 ft x 8 ft
Main Level Foyer 10 ft ,7 in x 5 ft ,3 in
Main Level Full Bathroom 10 ft ,9 in x 5 ft
Main Level Primary Bedroom 13 ft ,3 in x 10 ft ,9 in
Main Level Ensuite 4 ft ,4 in x 4 ft ,2 in
Main Level Bedroom 9 ft ,4 in x 10 ft ,2 in
Main Level Bedroom 9 ft ,4 in x 10 ft ,2 in
Main Level Laundry Room 13 ft ,7 in x 8 ft

https://www.realtor.ca/real-estate/24589417/2876-appaloosa-road-kelowna-north-glenmore

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Kris Mclaughlin
Personal Real Estate Corporation

(250) 870-2165
www.mclrealestate.ca
https://www.facebook.com/mclaughlincommercialluxury/
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RE/MAX Kelowna
100 - 1553 Harvey Avenue
Kelowna, British Columbia V1Y 6G1

(250) 717-5000
(250) 861-8462