Invest in downtown Kelowna real estate today. This property is in a key location in the downtown business core. P2 Zoning allows for 40+ uses including: Offices, Health Services, Daycare, Private and Public Education Services and many more. The current owner operates the building as a 12 room Hostel. An interesting and valuable fact, this Hostel is not subject to the BC Residential Tenancy Act. On 3 levels there are 12 rental rooms, two shared bathrooms, a kitchen, dining room and a large common area in the basement. The upstairs Master Bedroom is large and could be converted into a another dormitory style room for more beds. The building has a newer addition. Currently zoned P2 with an opportunity for redevelopment. Located in one of Canadas top tourist destinations. Only steps to Kelowna’s thriving downtown core and minutes to Okanagan Lake beaches. Close to award winning Wineries, Big White Ski Resort and many other attractions. Current Assessment went up $140,000 from last year. Seller would prefer a “Share Sale”. Contact Kaia Penaluna for full details: 250-938- firstname.lastname@example.org. (id:35966)
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