215 Arab Road, Kelowna
CITY SUPPORTS I2 ZONING!!! INVESTOR ALERT. THE 2026 TAX ASSESSED VALUE IS $3,344,000. THE SELLER IS OPEN TO ALL REASONABLE OFFERS & MAY LOOK AT A PARTNERSHIP TO BUILD INDUSTRIAL WAREHOUSE FACILITIES ON THE PROPERTY. THIS IS A GREAT HOLDING AND/OR DEVELOPMENT PROPERTY WITH POTENTIAL TO REZONE FROM A2 TO I2. This is a rare package of 1.85 Acres, close to the University, with a large house/building with 8 bedrooms, 6 bathrooms, a 5-car garage, and all under one roof. An excellent revenue property, or great for an extended family, or both. This property is NOT in the ALR (buyer to confirm) and rezoning from A2 to I2 (OCP 2040 Future Land Use is Industrial) is possible making this a great holding and/or development property. Don't miss out! (id:62865)
Status
Active
Year Built
1981
Property Type
House
Ownership
Freehold
Parking Spaces
5
Annual Tax
$16,490
Parcel Number
008-202-958
Data Source
Association of Interior REALTORS®
Bedrooms
8
Bathrooms
6
Living Area
5865 square feet
Lot Size
1.85 acres
Community Features
Heating
Electric, See remarks, Hot Water
Water Source
Irrigation District
Sewer
Septic tank
$3,500,000
Office
REMAX Kelowna
Loan Amount:
$2,800,000
Estimated Monthly Payment:
$13,645
This is an estimate for informational purposes only. Consult with a financial advisor.
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