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730 Bernard Avenue, Kelowna

Property Description

This is a strategic downtown property with a previously established revenue stream and substantial growth potential. P2 zoning allows for diverse business applications. Currently licensed as an operating 12-room hostel; flexible use and development possibilities. This prime location in Kelowna’s thriving core is ideal for tourism and business. Possible OPC multi-family residential potential. Think of the potential options in Kelowna's prime tourist and business district. Unlock significant earning potential with this versatile downtown property. P2 Zoning allows for multiple uses like supportive housing, health services, private clubs, and other options. (id:43014)

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Full Address:
730 Bernard Avenue, Kelowna, British Columbia
Price:
$ 1,529,000
MLS Number:
10336691
List Date:
February 26th, 2025
Neighbourhood:
Kelowna North
Lot Size:
0.16 ac
Year Built:
1919
Taxes:
$ 9,651

Property Details

Air Conditioning:
Central air conditioning
Heating:
Forced air, See remarks

Interior Features

Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Commercial
Exterior:
Stucco
Garage:
Detached Garage
Garage Spaces:
2
Taxes:
$ 9,651

Building Features

Finished Area:
4000 sq.ft.

Floors

Lot Size:
0.16 ac
Current Use:
Mixed use

Land

Neighbourhood Features

Ratings

Commercial Info

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Agent: Michal GookOffice: Engel & Volkers Okanagan

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This is a strategic downtown property with a previously established revenue stream and substantial growth potential. P2 zoning allows for diverse business applications. Currently licensed as an operating 12-room hostel; flexible use and development possibilities. This prime location in Kelowna’s thriving core is ideal for tourism and business. Possible OPC multi-family residential potential. Think of […]
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730 Bernard Avenue, Kelowna

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Kelowna North/Downtown

Looking for a convenient place to call home, close to the action, the beach, great restaurants, shopping and more? Downtown Kelowna is the place for you. Kelowna North consists of Kelowna’s downtown. This is a great neighbourhood for those looking to live amongst the hustle and bustle of Kelowna. The area hosts some of Kelowna’s best restaurants and some fantastic shopping. City Centre Park offers some fantastic beaches and green spaces and is a frequent host to Kelowna’s many festivals and events. Kelowna North is a popular neighbourhood and has something for everyone. Much of Kelowna’s nightlife is concentrated in the downtown area, including pubs, movie theatres, live theatres, and much more. Kelowna North is also home to the Cultural District. The Cultural District is home to museums, art galleries, theatres and much more. You’ll find many older homes as well as newer condos, including the Madison, one of Kelowna’s most sought after condos. One of the most desirable features of this neighbourhood is walkability. Great locally owned shops and restaurants are just a short stroll away. Kelowna North is continuing to grow and is a great place for investors.

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