1505 Hardy St - Warehouse FOR SALE


Kelowna, BC V1Y 7W9
$13,500,000 CAD
778-760-4648
1505 Hardy St, Kelowna, BC for Sale
$13,500,000 CAD
Warehouse - FOR SALE
1/11
null | Request Cap Rate

1505 Hardy St
Kelowna, BC V1Y 7W9


OVERVIEW

TENANTED SINGLE-STOREY INDUSTRIAL BUILDING WITH REDEVELOPMENT POTENTIAL INDUSTRIAL DEVELOPERS AND INVESTORS – 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 a potential 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.

FOR SALE DETAILS

PRICE

$13,500,000 CAD

PRICE/SF

$642 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

3

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.11

LAND SF

135,472

ZONING

I2

APN/PARCEL ID

012-328-979

ASK ABOUT THIS PROPERTY

Kris McLaughlinRE/MAX KelownaMore Info
778-760-4648

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Kris McLaughlinRE/MAX KelownaMore Info
778-760-4648

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.