About this home
Exceptional opportunity to acquire 0.988 acres (approx. 43,037 sq.ft.) of I2 – General Industrial land in Kelowna’s highly desirable Airport Business Park. Backing directly onto Highway 97, the property offers outstanding visibility and exposure along one of the Okanagan’s busiest transportation corridors, just minutes from Kelowna International Airport, UBCO and major transportation routes. The flexible I2 zoning permits a wide range of industrial uses including general industrial, warehousing, commercial storage, automotive and equipment industrial, outdoor storage and more. Development regulations allow for up to 1.5 FAR, a maximum building height of 16 metres, up to 60% building coverage and up to 90% total site coverage, providing excellent flexibility for a substantial industrial development. With nearly an acre of land, the site offers an excellent opportunity for an owner-user, developer or investor looking to establish a presence in one of Kelowna’s key industrial areas. One of the few remaining undeveloped industrial lots in the Airport Business Park, opportunities of this size and location are increasingly difficult to secure. Preliminary designs were completed for the seller’s intended use and may provide a valuable starting point for future development. Call the listing REALTOR® for additional information.
Highlights & things to check
Highlights
- Level corner lot of about 0.98 acres (43,037 sq ft) zoned I2 General Industrial in the Airport Business Park, per the listing.
- Zoning allows up to 1.5 FAR, 16 m building height, 60% building coverage and 90% total site coverage, per the listing.
- The site backs onto Highway 97, and the listed utilities are municipal water, natural gas, electricity and cable.
- Preliminary designs were completed for the seller's intended use, per the listing.
- Lake Ellison is 2.3 km away and Kelowna's town centre is 2.4 km away, straight-line.
Things to check
- Ask the listing REALTOR for the preliminary designs and confirm whether they are included in the sale.
- Confirm with the City of Kelowna that your intended industrial use is permitted under I2 zoning.
- Ask what servicing and access upgrades a future build on this site would require.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Living at 2165 Optic Court
Neighbourhood scores
7 / 10Walk & bike score: 2.4 / 10, from how close the nearest school, park or trail, rec centre and town centre are.
Family Home Match
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Set up my family’s matchYour answers stay on your phone or computer.
Scores and distances are Sean Phillips’s own measure of straight-line distance from this home to public B.C. map data (schools, parks and trails, lakes, town centres, rec centres, hospitals). They are not part of the MLS® listing; please check anything that matters to you.
Distances from the front door
Straight-line distances. Driving distances are longer.
Property details
- Price
- $2,350,000
- MLS® number
- 10399397
- Property type
- Lot / land · Other · Vacant Land
- Ownership
- Freehold
- Lot size
- 0.98 acres · 0.98
- Annual taxes
- $24,924
- Community
- University District, Kelowna
Features
- View
- Mountain view
- Lot
- Cul-de-sac, Level lot, Corner Site
- Water
- Municipal water
- Utilities
- Water, Natural Gas, Electricity, Cable
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