880 Vaughan Avenue, Kelowna, BC - Large Downtown Industrial Warehouse/Storage

Large Downtown Industrial Warehouse/Storage

880 Vaughan Avenue, Kelowna, BC, V1Y 7E4

Price:
$22,000,000

Property Description

HM Commercial Realty is pleased to present this rare opportunity to purchase 5.2 acres of industrial property with 195,159 SF warehouse/storage facility. It is located in the heart of Kelowna’s brewery district, walking distance to new UBCO Downtown Campus and Lake Okanagan.

Optimally suited as a holding property with long term potential as a mixed-use development with
multi-family residential and/or student accommodation.

HIGHLIGHTS

  • 5.2 acres (224,726 SF) of industrial land
  • 195,159 SF building comprising of industrial warehouse/storage space
  • I-2 Industrial Zoning
  • 13.6 kW of available power coming into the building
  • Located in the heart of Kelowna’s Brewery District
  • Walking distance to restaurants, breweries, Sandhill Winery & downtown amenities
  • If this property is approved for mixed-use, industrial/residential rezoning, there is the possibility of achieving up to 1.75 FAR
  • Prior to closing, the seller will register a restrictive covenant on title to the property, preventing storage and processing of soft
    tree fruits

880 Vaughan Avenue, Kelowna, BC, Canada

Additional Information

Municipal Address 880 Vaughan Avenue, Kelowna, BC, V1Y 7E4
Legal Description Block 30 Plan KAP202 Section 30 Township 26 Land District41 N 349.38 FT OF L 30
PID 012-603-911
Location Details 880 Vaughan Ave is 5.16 acres in the heart of Kelowna’s North End that is rapidly gentrifying with new breweries, wineries, lifestyle retail and an explosion of new residential. It is a corner location, next to SunRype and directly behind the former BC Tree Fruit’s packinghouse, now home to modern industrial, retail and rental apartments.
Land Area 5.159 acres (224,726.04 SF)

Listing Agents

Jeff Hudson PREC - Principal / Founder at HM Commercial Realty

Jeff Hudson

Personal Real Estate Corporation
Marshall McAnerney PREC - Principal / Founder at HM Commercial Realty

Marshall McAnerney

Personal Real Estate Corporation

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.