$4,900,000

5440 McDougald Road, Peachland

Peachland, Peachland, BC V0H1X8

14,000 sq ft · Commercial

Listed by Engel & Volkers Okanagan · Alyssa Miller

About this property

9.34 Acres Zoned I-1 with DEVELOPMENT POTENTIAL. Three warehouses in total on the property. Two of the warehouses are 50ft x 100ft offering a large folding door 14ft x 40ft as well as a 14ft x 14ft overhead door. They also are equipped with 6 bathrooms per warehouse. The third warehouse is 40ft x100ft with 2 industrial overhead doors and 600amp service. All warehouses on the property have cement floors and metal roofs and constructed within the last five years. The subject property was originally intended to be subdivided into several lots, each with a minimum of 1 hectare in size. The potential exists to complete the subdivision / development in tandem with the adjoining approximately 20 acre property @ 5460 McDougald Road. City has said they would look at rezoning for low income housing. Could be 66 lots on 5440 McDougald and 166 total with 5440 and 5460 McDougald Rd. (id:67417)

Property details

Price

$4,900,000

MLS® number

10390886

Property type

Commercial · Other · Industrial

Ownership

Freehold

Living area

14,000 sq ft

Year built

2019

Annual taxes

$24,670

Community

Peachland, Peachland

Features

Heating

No heat

Roof

Metal, Unknown

Exterior

Metal

Community

Rural Setting

Water

Municipal water

Sewer

Septic tank

Utilities

Natural Gas, Cable, Telephone

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