840 Lanfranco Road Unit# 1 - 12, Kelowna, British Columbia

About 840 Lanfranco Road Unit# 1 - 12

**PRIME INVESTMENT OPPORTUNITY | ** Exceptional 0.75-acre (32,670 sq. ft.) UC5-zoned property in the desirable Lower Mission neighbourhood, featuring **12 separately titled townhomes** across three well-maintained buildings. Each unit offers 2 bedrooms, 1.5 bathrooms, a kitchen, living room, and in-suite laundry. Currently generating **strong monthly rental income**, this property provides excellent holding income with significant redevelopment potential. UC5 zoning may allow MIXED- USE residential or HOTEL development of up to 6 storeys, with a potential **2.05 FAR and approximately 66,900 sq. ft. of buildable floor area**, subject to municipal approvals and applicable regulations. The property offers ample parking and a prime location within walking distance of Okanagan College and minutes from Gyro Beach, H2O, shopping, restaurants, and other amenities. **An outstanding opportunity for investors and developers seeking immediate income and long-term redevelopment potential!** (id:6289)

More Info on this Kelowna South Residential Commercial Mix MLS® listing

840 Lanfranco Road Unit# 1 - 12 is a residential commercial mix listing for sale in Kelowna. The MLS® number is 10404607. It's currently listed for $6,499,000. For more details on MLS® 10404607, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This residential commercial mix listing in Kelowna South is available now!

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