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2340 Pandosy Street | Kelowna BC | 7137615696

For Sale By Owner Inc.

This listing was posted on For Sale By Owner Inc..

$5,000,000

Health-Focused Hub: Invest in Kelowna Growth

Price:
$5,000,000
BR/BA:
2 BR, 1 BA
Location:
2340 Pandosy Street, Kelowna, BC
Description:

Situated in the sought-after South Pandosy area, just south of Kelowna General Hospital (KGH), this property presents a unique investment opportunity. Located on a prime corner lot, it stands as a pivotal piece in the desirable zoning landscape of this vibrant area. The property currently hosts a structure that is no longer habitable, offering a blank canvas for redevelopment. Sold 'as is', it beckons visionaries and developers to transform this space into a purposeful asset, aligning with the area's growth strategy and the Health District's objectives. The South Pandosy location offers a strategic advantage, being in close proximity to the bustling KGH and surrounded by a community that blends heritage character with modern living. This area is earmarked for a blend of health-focused uses, integrating seamlessly with the residential fabric. Potential developments could include health administration, patient services, or a care facility operation, harmoniously co-existing with residential forms like row housing, stacked townhouses, and low-rise apartments. With the zoning accommodating a mix of institutional health services, small-scale commercial ventures, and multi-unit residential buildings up to approximately 6 storeys (subject to the fulfillment of specific criteria), this property is ripe for a transformative project. Developers have the opportunity to leverage the approximately 1.5 FAR, with potential for upscaling to approximately 1.8 in strategic locations. Embrace the opportunity to contribute to the evolution of the Kelowna Health District, shaping a future that resonates with the area's heritage while catering to contemporary needs. This corner lot is not just a piece of land; it's a gateway to possibilities, a chance to make a mark in a community poised for growth and innovation. Sold as is - with buyer being responsible for tear down/demo of existing dwelling. Dwelling is not habitable.
Property Type:
Single-Family Houses
Sq feet:
1,800 sq. ft.
Amenities:
Parking
For sale by:
By Owner
Posted:
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More About this Listing: Health-Focused Hub: Invest in Kelowna Growth
Health-Focused Hub: Invest in Kelowna Growth is a Two Bedroom One Bath Houses for Sale at 2340 Pandosy Street in Kelowna BC. Find other listings like Health-Focused Hub: Invest in Kelowna Growth and listings near 2340 Pandosy Street by searching Oodle Classifieds for Two Bedroom One Bath Houses for Sale in Kelowna BC.