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.
The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.