Kelowna industrial development land sold for $10.25M

The 10.33-acre parcel is one of the last large undeveloped light industrial sites in central Okanagan

By
for Western Investor
September 12, 2018






kelowna land
 
More than 10 acres of light industrial land in West Kelowna has sold for $10.25 million, NAI Commercial Okanagan tells Western Investor. 
 
The 10.33-acre parcel is just 10 minutes to downtown Kelowna and is one of the last large undeveloped light industrial sites in the central Okanagan. The property was listed for 10,330,000 and has an assessed value of $4,532,900. 
 
The property is located at 2648 Kyle Rd., Kelowna. 
 

Breakdown: 

 
Price: $10,250,000
Lot Size: 10.33 acres 
Property Type: Industrial
Zoning: I-1 *their 
Date of Sale: 09/07/2018 
City: Kelowna    
Province: B.C. 
Name of Brokerage: NAI Commercial Okanagan 
Name of Vendor: TL1932 Holdings Ltd.
Name of Buyer: Denciti Acquisitions Corp.
 

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