Quick Summary
Quick Summary
- Expansive .14-acre lot with CB1 zoning
- Allows for 100% lot coverage and up to 6 stories
- Flexible development options for investment
- Currently rented with long-term tenant
- Cash-flowing holding property for future plans
- Convenient location near schools and amenities
- Walking distance to shops, restaurants, and wineries
- Situated in sought-after Summerland township
Discover a remarkable opportunity with this .14-acre lot located in the vibrant hub of Summerland, offering immense potential thanks to its CB1 zoning. This mixed-use lot allows for 100% lot coverage and the possibility of constructing up to SIX stories. The flexibility of the CB1 zoning opens the door to a range of development options,... Show More
Discover a remarkable opportunity with this .14-acre lot located in the vibrant hub of Summerland, offering immense potential thanks to its CB1 zoning. This mixed-use lot allows for 100% lot coverage and the possibility of constructing up to SIX stories. The flexibility of the CB1 zoning opens the door to a range of development options, making it an ideal investment for your next project. The home is currently rented to a long term tenant and is cash flowing, making it the perfect holding property for your future development plans. This prime location is just a short distance from Summerland Middle School and High School, making it ideal for community-focused developments. Enjoy the convenience of being within walking distance to a variety of shops, restaurants, and wineries, as well as recreational activities such as Giants Head Mountain. Summerland is one of the most sought-after townships in the South Okanagan, call the listing rep to learn more about the endless opportunities this strategically located lot can provide. (id:54626)
Property Details
Size
Parking
Build
Heating & Cooling
Utilities
Rooms
Living room
9′0″ x 13′0″
Laundry room
7′0″ x 9′0″
Bedroom
9′0″ x 10′0″
Bedroom
9′0″ x 10′0″
3pc Bathroom
Bathroom
Primary Bedroom
11′11″ x 12′3″
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.