Aerial view of a lakeside town with shops, a marina, and a mountain backdrop. Red location pins mark points of interest.

Development Opportunity in Peachland, BC

CA$13,200,000
  • ~1,114.84 m² Total surface

Description

Land Assembly - 19 total lots. Embrace this once in a lifetime opportunity to revitalize a downtown core that is just steps from Okanagan Lake in one of Canada’s most inviting and spectacular regions. Assembled over twenty years, and now being offered for sale as a package of close to 65,000 SQFT, all C2 zoned, this is an incredible opportunity for housing, retail, hotel, restaurants, services and municipal spaces to be created in unison, resulting in a downtown core that is vibrant and innovative. The centrepiece of the package is close to 18,000 SQFT at the centre of Beach Ave. and right across from Okanagan Lake that will be the focal point of Peachland’s downtown. The entire assembly is currently leased and offers the ability to defer costs and create diverse opportunity throughout the process. Peachland is undergoing significant modernization in its vision for the downtown core and this opportunity offers the chance to work collaboratively with the District to help realize that goal. The District holds +/- 39,000 SQFT of land adjacent to the offered land, further enhancing the opportunity for partnerships and creative solutions for downtown Peachland. Some photos have been digitally enhanced to identify the properties included. the shaded areas are for reference only and should be verified.
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Engel & Völkers

Your advisor: Jonathan Wall

Property ID: AM-5072658

Property details
  • Property type

    Commercial Space

  • Total surface

    ~1,114.84 m²

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