B.C. INDUSTRIAL PORTFOLIO

B.C. INDUSTRIAL PORTFOLIO

100 Views

Listing was updated on: 07/18/2023

1505 Hardy Street, Kelowna, BC, Canada

TENANTED SINGLE-STOREY INDUSTRIAL BUILDING WITH REDEVELOPMENT POTENTIAL INDUSTRIAL DEVELOPERS AND INVESTORS - Offered for sale as a part of a Portfolio of Industrial Properties in BC. This portion of the portfolio includes a trophy industrial property in Central Kelowna with the potential for further densification through redevelopment. The property is 3.111 acres of prime industrial land and is currently zoned I2 – Light Industrial. The current zoning would allow redevelopment of just over 200,000 SF based on the Max FAR and up to 3 storeys. There is a tenanted, single-storey, 21,540 SF commercial building with 3 units. Offering cash flow and holding income until the property can be further redeveloped.