Court-Ordered Sale – Prime Development Opportunity in Central Summerland. Exceptional development property ideally located in the heart of Summerland. The existing home sits across two 25’ x 120’ lots, offering outstanding potential under the highly attractive CB1 zoning, which permits up to 100% lot coverage. The development possibilities here are extensive — build two individual commercial buildings or explore a mixed-use commercial/residential project. Permitted uses under the current zoning include financial institutions, health services, retail, professional offices, restaurants, craft brewery, and apartment units. The existing building on the property requires TLC, however it could provide some holding income as a commercial property while you plan and design your redevelopment. This is a court-ordered sale. All offers must be accompanied by Schedule A, to be provided by the listing agent. (id:4069)
Address
13218 KELLY Avenue
List Price
$449,000
Property Type
Other
Type of Dwelling
Other
Transaction Type
Sale
Area
British Columbia
Sub-Area
Summerland
Lot Size
0.14 Sq. Ft.
Year Built
1930
MLS® Number
10376603
Listing Brokerage
Chamberlain Property Group
Postal Code
V0H1Z0
Site Influences
Recreation, Schools, Shopping
