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13218 KELLY Avenue

$725,000 | 4 Beds | 2 Baths | 1,816 Sq.Ft.

13218 KELLY Avenue

MLS #193619

Property Description

Fantastic opportunity to own a great development or holding property in the heart of downtown Summerland. Currently occupied as a single family home rented for $2,750/mth to great tenants, this property has the ability to take advantage of the central business zoning that allows for mixed use commercial/residential development. The 50ft by 120ft lot provides plenty of room to create spacious residences above or behind the commercial space, with 100% lot coverage allowed and up to 4 stories or 15 meters in height. Located across the street to the Aquatic Centre and steps to downtown, great location to provide highly sought after affordable rental units, or affordable strata units for sale. Development permit approved for 4, 1,500 approx sqft townhouses and one 700 approx sqft commercial space. Seller would look at taking trades as partial payment, or would also consider a joint venture. Contact the Listing Agent for more details. (id:47466)

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MLS® Number:193619
Full Address:13218 KELLY Avenue, Summerland, British Columbia, V0H1Z0
Built In:1930
List Date:April 8th, 2022
Lot Size:0.1.00040 ac|under 1 acre

Property Specifications

Heating Type:Natural gas
Foundation Type:Concrete

Interior Features

Ownership Type:Freehold
Utility Sewer:Municipal sewage system
Water Service:Municipal water
Total Finished Area:1816 sqft
Roof:Asphalt shingle
Garage / Parking Type:See Remarks

Building Features

Square Footage:1816 sqft


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Agent: Wes Stewart | Office: Royal Lepage Locations West
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