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Home BC Greater Kelowna Peachland
5830 Beach Avenue
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5830 Beach Avenue $16,500,000
6 days ago
$16,500,000
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5830 Beach Avenue
Peachland, British Columbia V0H1X7

MLS® Number: 10340575

Listing 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. (38462105)

Property Summary

Property Type
Other
Building Type
Residential Commercial Mix
Neighbourhood Name
Peachland
Title
Freehold
Land Size
0.28 ac|under 1 acre
Built in
1940
Annual Property Taxes
$19,228.03
Time on REALTOR.ca
6 days

Price and Sale History

Date Status Price
Nov 15, 1999 Sale Closed $675,000

Building

Bathrooms
Partial
0

Land

Lot Features
Present Use
Mixed use
Other Property Information
Zoning Type
Mixed
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6
Jonathan Wall