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$ 16,500,000
Est. payment /mo
Active
5830 Beach Avenue Peachland, BC V0H1X7
0.28 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Peachland
MLS® Listing ID 10340575
Originating Board Association of Interior REALTORS®
Year Built 1940
Lot Size 0.280 Acres
Acres 12196.8
Property Sub-Type Freehold
Property Description
Land Assembly - 19 total lots. Embrace this once in a lifetime opportunity to revitalize a downtown core that is just steps from Okanagan Lake in one of Canada's most inviting and spectacular regions. Assembled over twenty years, and now being offered for sale as a package of close to 65,000 SQFT, all C2 zoned, this is an incredible opportunity for housing, retail, hotel, restaurants, services and municipal spaces to be created in unison, resulting in a downtown core that is vibrant and innovative. The centrepiece of the package is close to 18,000 SQFT at the centre of Beach Ave. and right across from Okanagan Lake that will be the focal point of Peachland's downtown. The entire assembly is currently leased and offers the ability to defer costs and create diverse opportunity throughout the process. Peachland is undergoing significant modernization in its vision for the downtown core and this opportunity offers the chance to work collaboratively with the District to help realize that goal. The District holds +/- 39,000 SQFT of land adjacent to the offered land, further enhancing the opportunity for partnerships and creative solutions for downtown Peachland. Some photos have been digitally enhanced to identify the properties included. the shaded areas are for reference only and should be verified. (id:24570)
Location
Province BC
Zoning Mixed
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by Engel & Volkers South Okanagan
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