2237, 2243, 2253, 2257 Richter Street, Kelowna, British Columbia V1Y 2N9

Listed for:
$5,896,968
0 beds
0 baths
Listed 23 days ago
Retail for rent: 2237, 2243, 2253, 2257 Richter Street, Kelowna, British Columbia V1Y 2N9

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About

INVESTOR AND DEVELOPER ALERT! Rare (4) four-lot MF4 land assembly totaling approx. 0.53 acres with 176.46 ft of contiguous frontage on the Richter Street transit corridor and a depth of 129.9 ft, directly serving the Kelowna General Hospital precinct. The site sits inside the inner 0–200 m band of the provincially designated KGH Transit Oriented Area — one of only four TOAs in Kelowna — where the Province and the City's OCP 2040 (Future Land Use: C-HTH, Core Area – Health District) direct the greatest height and density. MF4 zoning permits a 6-storey mid-rise with 2.5 FAR base density, plus a 0.3 FAR bonus for purpose-built rental or affordable housing, 65% site coverage, and ground-floor commercial retail — supporting residential, mixed-use, institutional, and health-related uses steps from KGH. Hold and plan with income in place: by generating rental revenue. The full-length rear lane adds servicing, access, and parking options at the design stage. Assemblies of this width, this close to the hospital hub, rarely come to market — a clean, policy-backed path to a significant mid-rise project in Kelowna's Health District. (id:27476)

Property Highlights

MLS® Number
10395654
Type
Retail
Ownership Type
Freehold
Land Size
0.53 ac|under 1 acre

Building

Building Type
Retail
Amenities
Public Transit, Park, Recreation, Schools
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Realty One Real Estate Ltd
MLS® number:
10395654
Agent:
Clifford May
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