2900 Acland Road, Kelowna, BC - Industrial Site in Reid’s Corner w/ Holding Income
Pending

Industrial Site in Reid’s Corner w/ Holding Income

2900 Acland Road, Kelowna, BC, V1X 7X1

Price:
$2,950,000

Property Description

HM Commercial Group is pleased to present this rare opportunity for a flat developable industrial site in Kelowna’s Reid’s Corner area.

HIGHLIGHTS

  • 1.683 acre (73,311 SF) site
  • Secure cashflow with upside potential
  • Flat, easy to build
  • Zoned I2 Industrial (60% site coverage, up to 1.5 FAR)
  • Future land use is park and industrial
  • Well located in Reid’s Corner with easy access to Highway 97 via Edwards Road
  • 4.1% Cap Rate

2900 Acland Road, Kelowna, BC, Canada

Additional Information

Municipal Address 2900 Acland Road, Kelowna, BC, V1X 7X1
Legal Description Lot 3 Plan KAP68009 District Lot 123 Land District 41
PID 024-920-282
Location Details 2900 Acland Road is situated in the Reid’s Corner area on Kelowna, and backs onto Highway 97. The property features easy access to the Highway via Edwards Road, and it is situated just 3 minutes from the Kelowna International Airport.
Land Area 1.683 acres or 73,311 SF
Zoning I2, General Industrial
Future Land Use
(OCP)
Industrial & Park
Taxes $18,911.05 (2021)

Listing Agents

Jeff Hudson PREC - Principal / Co-Founder at HM Commercial Group

Jeff Hudson

Marshall McAnerney PREC - Principal / Co-Founder at HM Commercial Group

Marshall McAnerney

Request More Info

If you would like more information about this listing or to request a viewing, please fill out the form below. You can also reach us at 250.712.3130 or by email info@hmcommercial.com.