13014 97 Highway, Summerland, British Columbia V0H1Z4

Listing courtesy of RE/MAX Orchard Country.

$1,275,000
4
BD
2
BA
2,003
SqFt

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List Price
$1,275,000
MLS®
10405445
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
4
Bathrooms
2
Living Area
2,003
Agent Name
Mike Stohler
Agent Phone
250-486-4350
Lot Size Dimensions
0.79
Lot Size
34,412
Subdivision
Main Town

Property Description

Prime development opportunity at 13014 Hwy 97, Summerland! This 0.79 Acre highway-fronting parcel offers excellent visibility and is ideally located next to a thriving retail hub including IGA, Dairy Queen, Summerland Liquor, RBC Bank, Dollarama and more! The property features an older but well-maintained home and detached workshop/garage in good condition, making it an excellent holding property while future development plans are finalized. Currently zoned RU2, the lot presents strong potential for multi-family housing development. Adding to its appeal, the OCP designation for this parcel is Gateway Commercial — the same designation as the neighbouring IGA — significantly increasing the likelihood of successful rezoning to a commercial classification such as CB1, CB2, or MX1. This parcel is well-positioned for rezoning approval given its alignment with the municipality's future land-use vision and its proximity to existing commercial zoning. Whether pursuing multi-family residential construction under current zoning or exploring commercial redevelopment down the road, this is a rare opportunity to secure a strategic, income-producing property with multiple paths to maximize long-term value in growing Summerland! (id:5764)

Additional Information

Ownership
Freehold
Subdivision
Main Town
Fireplaces
1
Country
Canada
Flooring
Mixed Flooring
Sewer
Municipal sewage system
Roof
Asphalt shingle, Unknown
Heating
Stove, Electric, Wood
Architectural Style
Other
Stories
2
Lot Size
34,412
Exterior Features
Wood

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