730 Bernard Avenue, Kelowna

MLS® 10366465

Fantastic Downtown Investment: Prime P2 Zoned Property with Immediate Income potential! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property is a developer's dream. Currently undergoing an update for the lower suites, main floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. It delivers an immediate return as a currently licensed, operating 12-room, 40-bed hostel with a proven revenue history prior to COVID-19. The real value lies in its exceptional versatility: P2 Zoning: Highly flexible, permitting high-demand applications like supportive housing, health services, private clubs, and diverse business ventures. Significant growth opportunities, including potential for OPC multi-family residential development. Secure your future in Kelowna’s core—this is the definitive opportunity to capitalize on a property with both turnkey income and unparalleled development flexibility. (id:36863)

Property Details

Full Address:
730 Bernard Avenue, Kelowna, British Columbia
Price:
$ 1,488,900
MLS Number:
10366465
List Date:
October 23rd, 2025
Lot Size:
0.16 ac
Year Built:
1950
Taxes:
$ 9,651

Interior Features

Bedrooms:
10
Bathrooms:
3
Appliances:
Refrigerator, Range - Electric
Flooring:
Tile, Laminate
Air Conditioning:
Central air conditioning
Heating:
Forced air, See remarks
Basement:
Full

Building Features

Storeys:
3
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Stucco
Garage:
Detached Garage
Garage Spaces:
6
Ownership Type:
Freehold
Taxes:
$ 9,651

Floors

Finished Area:
4050 sq.ft.

Land

View:
City view
Lot Size:
0.16 ac

Neighbourhood Features

Ratings

Commercial Info

Location

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