730 Bernard Avenue

Key facts

• Property type: Other
• Structure: Residential Commercial Mix
• Transaction: For Sale
• Price: class="container" id="details-container",488,900
• Interior size: 4,000 sqft
• Lot size: 0.16
• Year built: 1950
• Parking: 8
• Listing key: 28944461

Listing overview

Fantastic Downtown Investment: Prime P2 Zoned Property, solid Income potential! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property is a developer's dream. Currently undergoing an update for the lower suites, main floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. This can deliver a return on investment as a currently licensed and operating 11-room, 40-bed hostel with a proven revenue history before COVID-19. The real value lies in its exceptional versatility: P2 Zoning: Highly flexible, permitting high-demand applications like supportive housing, health services, private clubs, and diverse business ventures. Significant growth opportunities, including potential for OPC multi-family residential development. Secure your future in Kelowna’s core—this is the...