RE/MAX Kelowna
- Status:
- Active
- Prop. Type:
- Business
- MLS® Num:
- 10385536
- Bus Major:
- Service
- Build. Type:
- Other
- Photos (30)
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Fantastic Downtown Investment: Prime P2 Zoned Property, Income Potential! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property is ripe with oppurtunity. Currently undergoing an update to the lower suites, main-floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. This can deliver a return on investment as a currently licensed and operating 11-room, 40-bed hostel with a proven revenue history. The real value lies in its exceptional versatility: P2 Zoning: Highly flexible, permitting high-demand applications like supportive housing, health services, private clubs, and diverse business ventures. Significant growth opportunities, including potential for OPC multi-family residential development. Secure your future in Kelowna’s core—this is the definitive opportunity to capitalize on a property with both turnkey income and unparalleled development flexibility. GST is applicable (id:2493)
- Property Type:
- Business
- Total Living Area:
- 4,000 sq. ft.
- Taxes:
- $10,906.2 / -
- Community:
- Kelowna North
- Major Business Type:
- Service
- Structure Type:
- Other
- Half Bathrooms:
- 0
- Fireplace:
- No
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Lot Frontage:
- 50'
- Lot Size:
- 6,970 sq. ft.
- Lot Details:
- 0.16
- Lot Features:
- Level lot
- Parking:
- Detached Garage
- Total Parking Spaces:
- 6
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Listed by Engel & Volkers Okanagan
Data was last updated August 10, 2026 at 10:18 PM (UTC)
Area Statistics
- Listings on market:
- 13
- Avg list price:
- $249,000
- Min list price:
- $75,000
- Max list price:
- $599,000
- Avg days on market:
- 94
- Min days on market:
- 47
- Max days on market:
- 363
- Avg price per sq.ft.:
- $223.91
These statistics are generated based on the current listing's property type
and located in
Kelowna North. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- CORNELIA SCHUSTER
- RE/MAX KELOWNA
- 1 (250) 2583272
- Contact by Email
RE/MAX Kelowna
Location
#100 - 1553 Harvey Avenue
Kelowna, BC V1Y 6G1