4422, 4421, 4438, 4440 1st Street, Peachland | $5,200,000

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!

Description

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!

General Info


MLS Listing ID: 10305728 Bedrooms: 0 Bathrooms: 0 Year Built: 1979
Parking: N/A Heating: Other Lotsize: N/A Air Conditioning : See Remarks

Amenities/Features


  • Level lot
  • See remarks
  • Wheelchair access

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .