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1505 Hardy St 21,021 SF 100% Leased Industrial Building Kelowna, BC V1Y 7W9 $13,500,000 CAD ($642.21 CAD/SF)
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Price | $13,500,000 CAD | Lot Size | 3.11 AC |
| Price Per SF | $642.21 CAD | Rentable Building Area | 21,021 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1976 |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 3 |
| Building Class | C | No. Drive In / Grade-Level Doors | 4 |
| Zoning | I2 - Industrial 2 | ||
| Price | $13,500,000 CAD |
| Price Per SF | $642.21 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.11 AC |
| Rentable Building Area | 21,021 SF |
| No. Stories | 1 |
| Year Built | 1976 |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | I2 - Industrial 2 |
AMENITIES
- Fenced Lot
- Storage Space
Bike Score®
Very Bikeable (89)
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1505 Hardy St
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