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  5. 2670 Lower Glenrosa Road - MLS® #10367250

WEST KELOWNA

West Kelowna is located in the Okanagan Valley in British Columbia, Canada. Known for its beautiful lakes, beaches, wineries, and outdoor recreational opportunities, West Kelowna is a popular destination for tourists and residents.

The real estate market in West Kelowna offers a mix of single-family homes, townhouses, and condos available. Prices have risen recently, but the market remains relatively affordable compared to other major Canadian cities. The city also has a good mix of older and new homes, with many properties featuring stunning mountains and Okanagan Lake views. The town also boasts a good mix of amenities such as shops, restaurants, and schools, and it also has easy access to amenities in Kelowna. Outdoor enthusiasts can also enjoy hiking, biking in the nearby mountains, and skiing at the Big White Ski Resort. West Kelowna is located in the Okanagan Valley in British Columbia, Canada. Known for its beautiful lakes, beaches, wineries, and outdoor recreational opportunities, West Kelowna is a popular tourist destination. Visitors can enjoy swimming, boating, and watersports on Okanagan Lake, which is surrounded by several beaches and parks.

The city also has a vibrant downtown area with shops, restaurants, and several wineries offering tastings and tours. Outdoor enthusiasts can also enjoy hiking, biking in the nearby mountains, and skiing at the Big White Ski Resort. West Kelowna also boasts a rich cultural scene with several museums and art galleries and hosts events and festivals throughout the year. The city is also known for its scenic drives and beautiful views of the lake and mountains. West Kelowna is conveniently located near the city of Kelowna, which offers a broader range of amenities and activities.

$9,995,000
2670 Lower Glenrosa Road - MLS® # 10367250

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:2469)

Features

Irregular lot size

Listing Provided By

Business Finders Canada

Neighborhood Info

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Property Details

Living Area
0 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
4.4 ac|1 - 5 acres
Taxes
N/A
Type
Other
Style
N/A
Basement
Year Built
N/A
Real Estate Listing
Provided by:
  • 302 Eckhardt Ave W
  • Penticton, BC
  • V2A 2A9

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. Not intended to solicit properties currently listed for sale.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

REALTOR® contact information provided to facilitate inquiries from consumers interested in Real Estate services. Please do not contact the website owner with unsolicited commercial offers.

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