Fantastic Downtown Investment: Prime P2 Zoned Property with Immediate Income! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property is a developer's dream. It delivers immediate return as a currently licensed, operating 12-room hostel with a proven revenue history. 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 definitive opportunity to capitalize on a property with both turnkey income and unparalleled development flexibility. (id:44056)

Property Details

Full Address:
730 Bernard Avenue, Kelowna, British Columbia
Price:
$ 1,488,900
MLS Number:
10364717
List Date:
October 2nd, 2025
Lot Size:
0.16 ac
Year Built:
1950

Interior Features

Air Conditioning:
Window air conditioner
Heating:
Forced air, See remarks

Building Features

Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Stucco
Garage:
Detached Garage
Garage Spaces:
8

Floors

Finished Area:
4000 sq.ft.

Land

Lot Size:
0.16 ac
Current Use:
Mixed use

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Michal Gook
Engel & Volkers Okanagan

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