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:6770)
Investment Opportunities 3+ bedrooms 4+ bedrooms Single Family Home < 1 Acre NewStephanie Gilchrist of Coldwell Banker Horizon Realty
Stephanie Gilchrist of Coldwell Banker Horizon Realty
Stephanie Gilchrist of Coldwell Banker Horizon Realty
Adil Dinani of Royal LePage West Real Estate Services
Adil Dinani of Royal LePage West Real Estate Services
Stephanie Gilchrist of Coldwell Banker Horizon Realty