Fraser
1631 Dickson Ave, Suite 1100
Kelowna, BC
Canada V1Y 0B5
Details
Address | 681 Main Street |
Area | South Okanagan |
Sub Area | PE - Main North |
State/Province | British Columbia |
Country | Canada |
Price | $875,000 |
Property Type | Single Family - Detached |
Bedrooms | 5 |
Bathrooms | 1 |
Half Baths | 1 |
Floor Space | 1616 Square Feet |
Lot Size | 0.11 Acres |
Waterfront | No |
Year Built | 1917 |
Taxes | $3,746 |
Tax Year | 2024 |
MLS® # | 10324676 |
Own a unique property package on bustling Main Street. This property is perfectly positioned for both immediate use and future development. This rare offering combines both commercial and residential components on a single lot, making it an ideal investment for savvy buyers. The property features a charming 480 sq ft storefront commercial building that has recently been completely built out for a showroom and can be effortlessly converted into storefront. Perfect for a variety of business ventures, alongside a 5-bedroom, 2-bathroom home spanning 1,700 sq ft. The residence is conveniently located directly behind the commercial space, providing privacy and easy access via a rear alley, complete with a separate garage for added convenience and storage. Zoned C5, this lot offers incredible flexibility for development, allowing for 100% lot coverage and no setbacks. This means you can maximize your investment potential with ease. The zoning permits construction of approximately 8 stories or up to 36.6 meters in height, making it an exceptional opportunity for developers eager to capitalize on the increasing demand for both residential and commercial spaces in this vibrant area. Whether you’re looking to hold the property for future appreciation or develop it into something spectacular today, contact the listing rep to learn more about this opportunity.
Listed by ROYAL LEPAGE LOCATIONS WEST
Location
About
About Colin Fraser
As a Licensed Real Estate Professional, Colin has enjoyed many successes along side his clients. His goal is simple, 'I want to help Buyers and Sellers navigate the real estate market by providing sound practical advice. I also strive to match my clients with the right properties, while providing exceptional service and professionalism.' With extensive experience in sales and exceptional customer service, Colin is fully committed to providing his clients with the best experience in all aspects of real estate.
Colin also has a great deal of experience with respect to building and renovating. If you have any questions about residential renovations or construction, he is always happy to share his knowledge and provide sound advice.
Contact Colin today for a free market evaluation or request viewings of any listings that interest you. Don't hesitate to email or call with any questions: colin.fraser@exprealty.com 250-592-1065