Exceptional opportunity to acquire a prominently positioned commercial asset with frontage along both Okanagan Avenue and Camrose Street. This well-located building has benefited from extensive capital improvements over the past four years, with reported renovations totaling approximately $1.2 million, substantially enhancing functionality, efficiency, and long-term durability. The property offers 33,784 square feet of gross leasable area on a flat 0.68-acre parcel and is zoned M1 (Mixed Urban Centre Commercial), accommodating a broad range of commercial and light industrial uses. A diverse tenant mix provides multiple income streams, contributing to a balanced and resilient investment profile. Additional features include 18 on-site parking stalls, an elevator, and fully accessible washrooms, ensuring tenant convenience and regulatory compliance. A recent appraisal is on file, and the 2026 BC Assessed Value is $4,257,000, offering meaningful context relative to the current offering. With substantial capital improvements already completed and strong corner exposure in a highly visible location, this property represents a compelling turnkey investment opportunity with both income stability and longer-term upside potential. (id:61463)
A rare opportunity to acquire approximately 18 acres of prime, lakeview property in Peachland, BC, located at 6212 Gummow Rd. and 6266 Lipsett Ave. Set above Okanagan Lake, this remarkable parcel offers stunning panoramic views stretching from the Bennett Bridge in Kelowna to Penticton. Planted in vineyard since 1998, the land features 16 acres of certified organic, award-winning red varietals, including Pinot Noir. While the vineyard is fully operational and income-producing, the property is not within the Agricultural Land Reserve (ALR), which opens the door for significant development potential. Designated for residential zoning under the Peachland Official Community Plan (OCP), the site allows for up to 12 duplex units or 6 single-family homes per acre, making it ideal for a master-planned lakeview community. Each future lot would enjoy sweeping 180-degree lake and mountain vistas. Alternatively, the property could be used strategically as trade-in land to facilitate ALR removals elsewhere. Whether continuing as a boutique vineyard or transforming into a high-end residential development, this property combines natural beauty, strategic location, and exceptional investment potential. (id:61463)
An exceptional, shovel-ready property ideally suited for builders, developers, investors, or multi-generational families seeking a premium development site in the heart of the Okanagan. This unique offering combines breathtaking south-facing views of the valley and cityscape with a prime location. Just minutes from downtown and in close proximity to schools, parks, and essential amenities. Zoned for Medium Density Housing, the property supports a diverse range of residential development options. Completed conceptual plans include3–4 bare land strata lots, Up/down duplex configurations, 12–14 townhomes, A 20-unit condominium development. All key preparatory work has been completed, including a comprehensive engineering and servicing drawings, detailed site plans, and registered easements. This is a rare opportunity to acquire a fully prepped development site in one of the most desirable regions in British Columbia. (id:61463)
