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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

$675,000

MLS®190810

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 on a 2 year lease 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 units 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 residences.

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