Dallas Markovina Personal Real Estate Corporation - 250-870-6145
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Industrial in West Kelowna
- 138
- 181
0 Bedrooms
0 Bathrooms- - Sq Ft
Property Type
Industrial
Description
Prime Outdoor Storage Facility with Residence – 2670 Lower Glenrosa Road, West Kelowna. This property is a premier income-producing asset located in one of the most supply-constrained markets in the Okanagan — outdoor storage. The offering includes a 5.92-acre property (4.44 acres fee simple plus 1.52 acres licensed from the City of West Kelowna) with extensive recent improvements exceeding $4 million. Priced at $9,995,000 against an estimated market value of $11.89 million, the property presents an immediate equity upside of roughly 16%, making it a compelling investment for both passive investors and owner-operators. The property’s zoning—A1 Agricultural with site-specific approval for commercial/outdoor storage—is highly unique and difficult to replicate under today’s planning constraints, enhancing its long-term strategic value. The storage facility is fully developed, gated, and paved, encompassing 256 stalls for RVs, boats, trailers, and commercial vehicles. The design emphasizes low-maintenance, recurring income with amenities such as a wash bay, sani-dump, LED lighting, security cameras, fencing with privacy slats, and landscaping. A modern 2,280-square-foot caretaker’s residence featuring a two-bedroom main suite, a one-bedroom secondary suite, and a 440-square-foot garage complements the asset, providing either staff accommodation or additional rental potential. (id:6769)
Property Details
Subarea
Westbank Centre
Lot
4.4
Sewer
See remarks
Listing Agent
Steven Harvey
(250) 808-2838
Brokerage
Business Finders Canada
(250) 491-1111
Disclaimer:
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Listing data last updated date: 2025-11-16 03:21:45
