Skip to content

Kelowna 1.6-acre development site worth $12.1 million

A downtown Kelowna corner site sold with income-producing commercial property and development potential, with zoning to allow up to 26 storeys and 9 FSR.
NAI Commercial Okanagan

Type of property: Development site

Location: 550 Doyle Avenue, Kelowna, B.C.

Land size: 1.66 acres

Zoning: C7 zoning

FSR: 9 (floor space ratio)

Asking price: $12.7 million

Sale price: $12.1 million

Date of sale: March 30, 2020

Brokerage: NAI Commercial Okanagan Ltd., Kelowna

Brokers: Mike Geddes, Jeff Hancock