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13218 kELLY AVENUE  SUMMERLAND, bc

great development or holding property

4 bedrooms | 2 bathrooms | 1,816 sqft | 0.14 acre lot

$775,000

MLS®193619

Fantastic opportunity to own a great development or holding property in the heart of downtown Summerland.

Currently occupied as a single family home rented for $2,750/mth to great tenants, this property has the ability to take advantage of the central business zoning that allows for mixed use commercial/residential development.

The 50 ft by 120 ft lot provides plenty of room to create spacious residences above or behind the commercial space, with 100% lot coverage allowed and up to 4 stories or 15 meters in height. Located across the street to the Aquatic Centre and steps to downtown, great location to provide highly sought after affordable rental units, or affordable strata units for sale.

Contact Listing Agent for more details.

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