13218 KELLY Avenue, Summerland, British Columbia V0H1Z0

Listing courtesy of Royal Lepage Locations West.

$599,000
4
BD
2
BA
1,816
SqFt
List Price
$599,000
Price Change
▼ $30,000 1679970456
MLS®
197389
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
4
Bathrooms
2
Living Area
1,816
Lot Size Dimensions
0.14
Lot Size
6,098
Subdivision
Main Town

Property Description

Fantastic opportunity to own a great development or holding property in the heart of downtown Summerland. Currently occupied as a single family home rented for $2,750/mth to great tenants, this property has the ability to take advantage of the central business zoning that allows for mixed use commercial/residential development. The 50ft by 120ft lot provides plenty of room to create spacious residences above or behind the commercial space, with 100% lot coverage allowed and up to 4 stories or 15 meters in height. Located across the street to the Aquatic Centre and steps to downtown, great location to provide highly sought after affordable rental units, or affordable strata units for sale. Development permit approved for 4, 1,500 approx sqft townhouses and one 700 approx sqft commercial space. Seller would look at taking trades as partial payment, or would also consider a joint venture. Contact the Listing Agent for more details. (id:25314)

Additional Information

Ownership
Freehold
Subdivision
Main Town
Parking Spaces
1
Country
Canada
Sewer
Municipal sewage system
Roof
Asphalt shingle, Conventional
Heating
Forced air, Natural gas
Lot Features
Central location
Architectural Style
Ranch
Lot Size
6,098
Exterior Features
Stucco

Mortgage Calculator

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Calculator source: Real Geeks