Exceptional rare opportunity to acquire a fully tenanted 15,200 sq. ft 2 story Professional Office Building and an additional parking lot in the downtown core of Kelowna. This is high-profile location on the corner of Abbott Street and Leon Avenue just across the street from Kelowna’s City Park and Okanagan Lake and consists of 2 Lots totaling .44 acre. The properties are zoned UC1 (Downtown Urban Core) under the Zoning Bylaw No 12375 allowing for High-Density Mixed-Use Buildings. (id:2493)More details
Rare Development Opportunity in the Heart of Lake Country Situated in the prestigious community of The Lakes, this 5.56-acre parcel represents one of the most exciting development opportunities in Lake Country. Subdivision plans have been prepared for a 14-lot bare land strata development, with PLR being issued, offering strong future opportunities for both developers and investors. The property’s gentle topography means minimized site work, keeping development costs efficient. RU1 zoning provides flexibility to build either single-family homes or full duplexes across the 14 lots, maximizing long-term value. With panoramic lake and valley views spanning the entire parcel and very few new lots available in this sought-after area, demand is expected to be strong. An existing 4000+ sq.ft., 5-bedroom home with an inground pool adds immediate value, offering rental income while subdivision plans progress. Inside, vaulted ceilings, expansive windows, and spacious living areas showcase the home’s charm and highlight its Okanagan views. There is also a separate entrance downstairs allowing for the opportunity to create an in-law suite. The location is truly unbeatable — minutes from schools, beaches, wineries, golf courses, shopping, and Kelowna International Airport. This is a rare opportunity to secure land in one of the Okanagan’s fastest-growing communities, with both immediate value and exceptional long-term development potential. (id:2493)More details
**DEVELOPER ALERT** RARE opportunity to develop 1.48 acres (64,468.80 sq ft) of MF2 zoned land. MF2 zoning supports row townhomes up to 3 storeys high. The property currently features a single family home and a Tenanted fourplex (mo. to mo.). Walking distance to Ecole Belgo Elementary School, Transit and is across the street from Belgo Park. Close to many restaurants, shopping, schools, Rutland arena and the YMCA. Bring your development ideas, potential FAR of approx 1.0 (id:2493)More details
DEVELOPMENT PROPERTY located on the TRANSIT SUPPORTIVE CORRIDOR!! This .53 acre (23,087 SF) site with LANE ACCESS was originally planned for a townhouse development but the City has indicated that MF3 (Apartment Housing) would be the most appropriate zone with the potential for up to 6 stories and base density of 1.8 FAR with additional bonuses available. The current zoning is MF2 (Townhouse Housing) and the 2040 OCP is C-NHD (Core Area Neighborhood). This is as close to a turn key development opportunity as it gets!! (id:2493)More details
Offered for sale is Units 6, 7 & 8 (12,860 SF) at Purcell Business Centre - the commercial business park you have been waiting for! Representing the Kootenays' first-ever institutional-grade industrial strata, the building is now ready for occupancy, and comprises 16 highly functional units ranging in size from 3,341 SF to 12,489 SF, or larger (inquire about custom unit sizes). Units come equipped with 22 ft. warehouse clear heights, 12'x11' overhead loading doors, 200 amps power, gas-fired radiant heating, separate utility metering, structural steel mezzanine, finished washrooms, exterior signage, fibre optic availability, 6-inch concrete slab, fire sprinkler system, highway-facing unit entrances, potential office or retail showroom, and access to +120 reserved and visitor parking stalls. Access to downtown Nelson provided within minutes or the Crowsnest Highway (Hwy 22) within 25 mins. The property's unzoned status further provides occupants with unmatched business flexibility and opportunities for potential use. Design-built in 2000 as a state-of-the-art manufacturing facility, the building has been fully retrofitted using local builders, tradespeople and design consultants. Each of the building's operational systems have been either fully replaced or upgraded, and with the seller offering flexible seller financing options, offers purchasers an exciting opportunity to purchase effectively brand-new real estate at pricing substantially below the cost of new construction. (id:2493)More details
RLK Commercial is proud to present a rare opportunity to own small format boutique strata in Kelowna’s coveted Lower Mission neighbourhood. ALMA on Abbott offers brand new units from 776 SF up to 3,253 SF at the podium level of a newly built 87-unit residential development, slated for completion Fall 2025. Positioned just steps from the heart of Pandosy Village, this walkable, amenity-rich location benefits from pedestrian traffic, ongoing residential growth, and a well-established local customer base. The site offers visibility and signage opportunities along Abbott and Cedar, and presents a sleek and modern design. Owners will benefit from close proximity to the newly opened Pandosy Waterfront Park, offering an appealing lifestyle element to the day to day. This is a prime opportunity to establish your business within a rapidly evolving urban node, well suited for operators focused on both strategic location and value creation through real estate. (id:2493)More details
PRIME .66 ACRE DEVELOPMENT OPPORTUNITY ON THE TRANSIT CORRIDOR! 2 Lot Land Assembly (3029 + 3009 Gordon Dr) for a total of .66 Acre (28,749 sq.ft.) The total list price is $3,150,000. There is potential for up to a 6 story apartment building for MF3 Zoning with 1.8 FAR + Bonus Density of 0.25 FAR & 0.3 FAR available. This prime development opportunity represents a unique chance to capitalize on the high demand for rental properties in the direct vicinity of Okanagan College!! Its exceptional location, combined with the convenience and accessibility it offers, positions it as a standout investment in the vibrant Kelowna South area. Buyers to contact the City of Kelowna to confirm development options. (id:2493)More details
PRIME .66 ACRE DEVELOPMENT OPPORTUNITY ON THE TRANSIT CORRIDOR! 2 Lot Land Assembly (3029 + 3009 Gordon Dr) for a total of .66 Acre (28,749 sq.ft.) The total list price is $3,150,000. There is potential for up to a 6 story apartment building for MF3 Zoning with 1.8 FAR + Bonus Density of 0.25 FAR & 0.3 FAR available. This prime development opportunity represents a unique chance to capitalize on the high demand for rental properties in the direct vicinity of Okanagan College!! Its exceptional location, combined with the convenience and accessibility it offers, positions it as a standout investment in the vibrant Kelowna South area. Buyers to contact the City of Kelowna to confirm development options. (id:2493)More details
NOW COMPLETE - This unit is 4,098SF (can be combined for up to 12,272sf) 5460 Anderson Way offers commercial flex small bay strata units. This unit offers 3,076sf of main floor area and 1,022sf of mezzanine space, ready for tenant improvements. Located in the growing North End of Vernon, with prominent exposure to Hwy 97, these units are constructed with precast concrete insulated panels and provide individual storefronts. Each unit includes a mezzanine and the warehouse has 26 foot clear ceiling height. (id:2493)More details
Offered for sale is Units 10 & 11 (7,031 SF) at Purcell Business Centre - the commercial business park you have been waiting for! Representing the Kootenays' first-ever institutional-grade industrial strata, the building is now ready for occupancy, and comprises 16 highly functional units ranging in size from 3,341 SF to 12,489 SF, or larger (inquire about custom unit sizes). Units come equipped with 22 ft. warehouse clear heights, 12'x11' overhead loading doors, 200 amps power, gas-fired radiant heating, separate utility metering, structural steel mezzanine, finished washrooms, exterior signage, fibre optic availability, 6-inch concrete slab, fire sprinkler system, highway-facing unit entrances, potential office or retail showroom, and access to +120 reserved and visitor parking stalls. Access to downtown Nelson provided within minutes or the Crowsnest Highway (Hwy 22) within 25 mins. The property's unzoned status further provides occupants with unmatched business flexibility and opportunities for potential use. Design-built in 2000 as a state-of-the-art manufacturing facility, the building has been fully retrofitted using local builders, tradespeople and design consultants. Each of the building's operational systems have been either fully replaced or upgraded, and with the seller offering flexible seller financing options, offers purchasers an exciting opportunity to purchase effectively brand-new real estate at pricing substantially below the cost of new construction. (id:2493)More details
Located in the heart of West Kelowna, 2429 Drought Road presents an exciting opportunity for both developers and business owners. This 0.246 acres lot with 10,890 sq ft of space is perfectly positioned to take advantage of the region's strong growth, making it an ideal choice for a range of commercial and mixed-use developments or a business like a daycare. This increased demand for both residential and commercial spaces makes the location highly desirable for development. The city is also open to changing the current C4 zoning to C1, which would allow for retail, office and mixed-use projects - making the property a versatile option for a variety of buyers. For business owners, the location is perfect for a daycare or other services. With the local population growing, there's high demand for these types of businesses, making it a great long-term investment. Whether you are looking to develop or establish a business, this property offers great potential. Contact us today to learn more or arrange a viewing! (id:2493)More details
Potential to BUILD A 6 STORY BUILDING WITH UP TO 36 UNITS ON THIS ONE LOT! Rare opportunity to acquire a prime development property in the heart of South Kelowna. Currently featuring a well-maintained rental house, this expansive property offers immediate rental income while you plan your development. With MF4 zoning that allows for a 6-story building and located in a parking exempt zone, the potential for high returns on investment is immense. Close Proximity to shops, restaurants, services and steps away from the Kelowna General Hospital. Additionally, located within close proximity to Okanagan Lake. Key Features: • Zoning: MF4 zoning ideal for 6 story residential development with minimal parking restrictions • Current Structure: Charming, income-generating house currently leased to reliable tenants for $3,650.00 per month. Casita in backyard which creates the potential for additional square footage and rental income • Location: Situated in a highly desirable area with robust market demand, ensuring strong appreciation potential. • Accessibility: Excellent transport links and proximity to major roads, public transport, shopping centres, schools, and recreational facilities. • Future Development: Perfect canvas for developers looking to build residential apartments, Potential FAR of max 2.8. For Developers looking for a larger project, the adjacent property at 607 Glenwood is also for sale. (id:2493)More details
Data was last updated October 29, 2025 at 08:15 AM (UTC)
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