V4T Industrial Land Properties for Sale

Commercial Real Estate in V4T available for sale

Land Properties for Sale Within of V4T

Lot 3 Shannon View Dr

West Kelowna, BC V4T 2W9

Land for Sale
$5,298,000 CAD
12.98 AC Lot

West Kelowna Land for Sale

A rare opportunity to acquire almost 13 acres of an exclusive mountain top development site with 360 degree views overlooking Shannon Lake, the SL Golf Course and the surrounding mountains. The top of this mountain was blasted and levelled for development over 20 years ago, something the City of WK has affirmed would no longer be permitted. With the new OCP now passed potential developers are encouraged to do their own DD with the City but support for a medium density development (a mix of TH's and Apartments) that compliments the local neighbourhood and SL community has been noted. In depth work regarding the site have been completed, both on and off site servicing requirements, potential site plans, City discussions, Geotechnical report, Field Investigation and highest / best use studies have all been completed and available with a signed CA. Offsite servicing is minimal with utilities available at the lot line. Onsite servicing, due to the nature of a true mountain top location, will be perhaps somewhat more involved in order to extract the full value and potential from the site. This site is truly one of a kind for all of Kelowna/West Kelowna offering unparalleled 360 degrees unobstructed views from all build sites, exclusivity from a private entrance and an excellent central location.

Contact:

Momentum Realty Inc.

Property Subtype:

Commercial

Date on Market:

2024-12-05

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2097 Old Okanagan Hwy

Westbank, BC V4T 1T8

Land for Sale
Price Upon Request
8.30 AC Lot

Westbank Land for Sale

Cushman & Wakefield is pleased to present the opportunity to secure a prominent 8.3- acre site situated along Highway 97 in West Kelowna - one of the region’s most visible and strategically connected commercial corridors. The site benefits from approximately 900 feet of direct highway frontage and an exceptional 1,600 feet of overall exposure, capturing the attention of an estimated 97,000 vehicles per day. The property offers strong long term development flexibility supported by BP Business Park zoning, which permits a range of employment focused uses including business park industrial operations, light manufacturing and high technology industry, office uses, and indoor entertainment or recreation uses. Limited accessory retail is also permitted where ancillary to the primary business park use. With a 99-year lease in place, extendable to 125 years, the site also generates approximately $40,000 annually from an on-site billboard, providing immediate income and enhancing holding value. Given the limited availability of large, highway-exposed commercial parcels in the Okanagan, this offering represents a rare chance to acquire scale, visibility, and long-term development potential in West Kelowna’s most dynamic growth corridors