4 Bedrooms

2 Bathrooms

2,003 sqft

$1,275,000

Prime development opportunity at 13014 Hwy 97, Summerland! This 0.79 Acre highway-fronting parcel offers excellent visibility and is ideally located next to a thriving retail hub including IGA, Dairy Queen, Summerland Liquor, RBC Bank, Dollarama and more! The property features an older but well-maintained home and detached workshop/garage in good condition, making it an excellent holding property while future development plans are finalized. Currently zoned RU2, the lot presents strong potential for multi-family housing development. Adding to its appeal, the OCP designation for this parcel is Gateway Commercial — the same designation as the neighbouring IGA — significantly increasing the likelihood of successful rezoning to a commercial classification such as CB1, CB2, or MX1. This parcel is well-positioned for rezoning approval given its alignment with the municipality's future land-use vision and its proximity to existing commercial zoning. Whether pursuing multi-family residential construction under current zoning or exploring commercial redevelopment down the road, this is a rare opportunity to secure a strategic, income-producing property with multiple paths to maximize long-term value in growing Summerland! (id:64133)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10405445
  Property Type	Single Family
  Neigbourhood	Main Town
  AmenitiesNearBy	Shopping

• Building

  Bathroom Total	2
  Bedrooms Total	4
  Appliances	Refrigerator, Dryer, Range - Electric, Washer
  Architectural Style	Other
  Constructed Date	1955
  Construction Style Attachment	Detached
  Exterior Finish	Wood
  Fireplace Fuel	Wood
  Fireplace Present	Yes
  Fireplace Total	1
  Fireplace Type	Conventional
  Flooring Type	Mixed Flooring
  Half Bath Total	1
  Heating Fuel	Electric, Wood
  Heating Type	Stove
  Roof Material	Asphalt Shingle
  Roof Style	Unknown
  Stories Total	2
  Size Interior	2,003 Sqft
  Type	House
  Utility Water	Municipal Water

  Parking

  Covered

• Land

  Acreage	No
  Land Amenities	Shopping
  Sewer	Municipal Sewage System
  Size Irregular	0.79
  Size Total	0.79 Ac|under 1 Acre
  Size Total Text	0.79 Ac|under 1 Acre

• Rooms

  Level	Type	Length	Width	Dimensions
  Lower Level	Recreation Room			20'5'' x 10'11''
  Lower Level	Family Room			15'7'' x 17'2''
  Lower Level	Bedroom			11'9'' x 10'11''
  Lower Level	Bedroom			12'5'' x 12'3''
  Lower Level	Other			6' x 5'5''
  Lower Level	3pc Bathroom			Measurements not available
  Main Level	Primary Bedroom			12'2'' x 11'9''
  Main Level	Office			9'8'' x 11'9''
  Main Level	Living Room			13'2'' x 18'2''
  Main Level	Kitchen			10'1'' x 10'
  Main Level	Dining Room			10'1'' x 8'1''
  Main Level	Bedroom			8'2'' x 11'9''
  Main Level	4pc Bathroom			Measurements not available