Opportunity to acquire a high traffic industrial site that has not been brought to the market for over 30 years. The existing shop and office structures allow an owner occupier to take advantage of built out property for immediate use with ample power, yard space, and delivery access. Property developers can maximize the lot’s usable area with its rectangular site, lane way access, and potential I2 FAR bonusing based on the location of the site. Assembly options are available on Richter St to add an additional .14 and .19 acres for a total in line development lot size of 1.03 acres.
High Traffic Industrial Site
935 Richter Street, Kelowna,
± 30,492 SQFT
PLAN KAP80270 LOT A SECTION 30 TOWNSHIP 26
The Downtown Area of Kelowna is seeing a significant increase in density across all asset classes. The areas within the North End Neighbourhood Plan have heightened focus for redevelopment and creative solutions to land use. This site is a keystone property in the prominent junction of Richter St., Crowley Ave., and Weddell Pl. Industrial land in the downtown urban area remains in high demand and with limited inventory available on the market attracts significant interest when brought to market.
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