ATTENTION INVESTORS/BUILDERS - Highly sought after MF-1 zoning (Formerly RU7). Flat .15 acre lot with desirable laneway access. Current land use permits you to build a 4plex. The existing home was built in 1996 and is set up as two separate dwellings. The ground level has a spacious 2 Bed/2 Bath unit and upstairs has a 2 Bed/1 Bath layout. 2 car garage at the front and a detached double garage in the back as well as boat/trailer parking. Located in the heart of downtown Kelowna, this property is ground zero for all the Okanagan has to offer. Book your showing today!