1st Street

Offered at: $5,200,000

MLS®: 10305728

Development opportunity in downtown Peachland, 25+ years in the making! The site includes four (4) separate titles and is 20,735 square feet of land, with four (4) existing and separate buildings (Approx 7480 SF). Located directly across from Heritage Park and the Public Day Wharf, this site offers an incredible opportunity with various potential uses. The District of Peachland has identified this area for up to eight (8) stories of height with a Development Permit Application. The existing buildings are currently used for office use, and zoned C2 (opportunity for up to 4.0 FAR). The property is ripe for a residential mixed use development, with opportunity for hotel, office, and retail. Located within Peachland’s downtown amenities; including restaurants, shops, pharmacy, yacht clubs, walking trails, etc. Easily accessible directly off Highway 97, 10 minutes to West Kelowna, 20 minutes to Kelowna, 40 minutes to YLW International Airport, 3 hours to Abbotsford, and 4 hours to Vancouver. Peachland is centrally located in the Okanagan, and is the first municipality when arriving from Vancouver on Highway 97C. Call Rachel today to book your private tour! (id:6769)