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$5300000 Development Approved Project Okanagan Penticton Skaha Lake Road


Reply to: hous-742848279@craigslist.org
Date: 2008-07-04, 3:38PM MDT


For more info visit http://skahavista.com

Skaha Vista Penticton British Columbia Okanagan Development Property Approved Residential Project for Sale

 

Development Property on 2964 Skaha Lake Rd., Penticton B.C.

 

Price:  $5.3 Million

 

 

 

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Excellent Location:

 

Right across from Wal-Mart Shopping Centre

Close to - Cherry Lane Mall

              - Skaha Lake Beach
             

  - Skaha Pharmacy Plaza

  - Princess Margaret Secondary School

              - Hwy 97

             

Lot:  1.163 acres with approved development permit for 95 apartments (1.5 parking stalls per unit), 6 townhouses, 10,000 square feet of commercial area.

PERTINENT INFORMATION:

Penticton has become a choice destination for the retiring baby boomer generation providing a lifestyle they expect which includes the lakes, ski resorts, championship golf courses, wine tours and festivals. This location is ideal including everything that a developer would desire for a successful project.

TECHNICAL DETAILS:

LOCATION
City: Penticton
Area: Penticton
Neighbourhood: Penticton

TECHNICALS
Lot Size: 1.163 Acres
Power: On Site
Property Type: Development - Commercial with Residential
Sewer: On Site
Water: On site
Zoned: C2 & GC

Large property, located in Penticton, BC, available for development.

Property has been properly zoned and approvals in place for a Commercial/Residential development that includes 95 condos, on 13 floors, each with 1 1/2 underground parking spaces, 6 townhouses on three levels each with there own garage and 10,000 sq. ft. of commercial space fronting on Skaha Lake Road.

The location is excellent, only blocks from Skaha Lake, across the street from the Walmart Shopping Centre, near all amenities including Pharmacy’s, Schools, shopping malls and situated on city bus routes.

This property and project is located directly on Skaha Lake Road where there are several other ongoing condo construction projects.

This purchase comes complete with architectural plans, concept drawings, city approval based on these plans and this ideally located parcel of land. The cost per door is very reasonable at under $48,000.

Contact Victor:  250-492-0693 ( vseliv@gmail.com )

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