HM Commercial Group is pleased to present 3036 Pandosy Street. This is one of Kelowna’s absolute best redevelopment sites with holding income from a National Tenant.
- Corner location, 1 block from Lake Okanagan.
- 0.456 acres (19,863 sq.ft.)
- C4 Commercial Zoning (FAR up to 2.35)
- South Pandosy, the Village by the Lake is arguably the best neighbourhood in the City
- City supports high-density development
- Adjacent to Sopa Square (14 storey mixed use development)
- 95 Bike Score
- Easy Walking distance to:
o Lake Okanagan, several waterfront parks & sandy beaches
o Three (3) grocery store anchored shopping centres
o Okanagan College
o Elementary, Middle & Highschools
o Transit to Downtown, UBC-Okanagan, Okanagan College
o Kelowna General Hospital
- Currently tenanted by RBC (Royal Bank of Canada)
- 3.3% yield on Base income of $215,215
Price: $6,600,000 ($141/buildable SF on FAR of 2.35)
Offering Process: Sealed Bid process with offers presented between 8am and 10am on Tuesday, Nov 3, 2020 (sealed envelope or email to email@example.com)
All photos are conceptually based.