2602 Pandosy Street & 475-481 Wardlaw Ave, Kelowna, BC - Trophy Site at the Gateway to Pandosy Village

Trophy Site at the Gateway to Pandosy Village

2602 Pandosy Street & 475-481 Wardlaw Ave, Kelowna, BC, V1Y 1V6 & V1Y 5B5

Price:
$10,480,000

Property Description

This is an extremely rare assembly of four lots with a corner location and support for mixed use development in the heart of South Pandosy Village. This is a trophy site in this neighborhood.

  • 0.547 acre assembly (25,000 SF site in four titles)
  • Walking distance to schools, college, hospital, and Lake Okanagan
  • Corner location on the main transit route with connections to downtown and UBC Okanagan
  • 58,159 SF of net saleable area (FAR at 2.35, consistent with C4 zoning)
  • City supports higher-density development
  • Conceptual plan and Data Room available with signed NDA
  • Buyers encouraged to do their own due diligence on height and density
  • These properties are located within the new Pandosy Urban Centre
  • Southgate Shopping Centre NOT for sale
  • Potential for share sale of a bare trust

**Seller’s preference would be to purchase main floor retail of new development

2602 Pandosy Street, Kelowna, BC, Canada

Additional Information

Municipal Address 2602 Pandosy Street & 475-481 Wardlaw Ave, Kelowna, BC, V1Y 1V6 & V1Y 5B5
Legal Description LOT 54 DISTRICT LOT 14 OSOYOOS DIVISION YALE DISTRICT PLAN 483. LOT 51 PLAN KAP483 DISTRICT LOT 14 LAND DISTRICT 41. LOT 52 PLAN KAP483 DISTRICT LOT 14 LAND DISTRICT 41. LOT 53 PLAN KAP483 DISTRICT LOT 14 LAND DISTRICT 41.
PID 012-300-705, 002-154-021, 001-465-261 & 012-300-705
Location Details The subject properties are situated on a high profile site at the entrance to Pandosy Village, on the corner of Pandosy Street and Wardlaw Avenue, just down from Kinsmen Park. It is walking distance to 3 grocery stores, multiple restaurants, Okanagan College, elementary, middle and secondary schools. This corner location is on the main transit route.
Development Site Area 24,749 SF
Building Area 58,159 SF
Land Area 25,000 SF
Zoning C4 & RU6
Future Land Use
(OCP)
CU5

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

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