Osoyoos mixed-use development site sold for $2.7M
The site's zoning allows for high-density residential development with additional commercial space
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A mixed-use development site on Peanut Lake in downtown Osoyoos has sold for $2.7 million, according to NAI Commercial Okanagan.
The unique 8.78-acre property’s current CD8 zoning allow for high-density residential development, with commercial frontage. The zoning allows for three midrise residential buildings with a total of 237 units. The site has 450-feet of water frontage along Peanut Lake and is walking distance to Lake Osoyoos.
The property is located at 9110 & 9120 Main St., Osoyoos.
Lot Size: 8.78 acres
Property Type: Land
2018 B.C. Assessment Value: $2,094,000
Date of Sale: 01/15/2019
Name of Brokerage: NAI Commercial Okanagan Ltd
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