2670 Lower Glenrosa Road Active Save Request In-Person Tour Request Virtual Tour
West Kelowna,BC V4T1P9
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Westbank Centre
MLS Listing ID 10367250
Lot Size 4.400 Acres
Acres 4.4
Source Association of Interior REALTORS®
Property Description
Prime Outdoor Storage Facility with Residence – 2670 Lower Glenrosa Road, West Kelowna. This property is a premier income-producing asset located in one of the most supply-constrained markets in the Okanagan — outdoor storage. The offering includes a 5.92-acre property (4.44 acres fee simple plus 1.52 acres licensed from the City of West Kelowna) with extensive recent improvements exceeding $4 million. Priced at $9,995,000 against an estimated market value of $11.89 million, the property presents an immediate equity upside of roughly 16%, making it a compelling investment for both passive investors and owner-operators. The property's zoning—A1 Agricultural with site-specific approval for commercial/outdoor storage—is highly unique and difficult to replicate under today's planning constraints, enhancing its long-term strategic value. The storage facility is fully developed, gated, and paved, encompassing 256 stalls for RVs, boats, trailers, and commercial vehicles. The design emphasizes low-maintenance, recurring income with amenities such as a wash bay, sani-dump, LED lighting, security cameras, fencing with privacy slats, and landscaping. A modern 2,280-square-foot caretaker's residence featuring a two-bedroom main suite, a one-bedroom secondary suite, and a 440-square-foot garage complements the asset, providing either staff accommodation or additional rental potential. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer See remarks