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2097 Old Okanagan Hwy
Westbank, BC V4T 1T8
Land For Sale
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8.30 AC
Investment Highlights
- West Kelowna is a major commercial hub in the Central Okanagan
- Attractive for Lower Mainland investors due to affordability vs Kelowna
- Rapid population and commercial growth
- High demand for highway-exposed sites
Executive Summary
Cushman & Wakefield is pleased to present the opportunity to secure a prominent 8.3- acre site situated along Highway 97 in West Kelowna - one of the region’s most visible and strategically connected commercial corridors. The site benefits from approximately 900 feet of direct highway frontage and an exceptional 1,600 feet of overall exposure, capturing the attention of an estimated 97,000 vehicles per day. The property offers strong long term development flexibility supported by BP Business Park zoning, which permits a range of employment focused uses including business park industrial operations, light manufacturing and high technology industry, office uses, and indoor entertainment or recreation uses. Limited accessory retail is also permitted where ancillary to the primary business park use. With a 99-year lease in place, extendable to 125 years, the site also generates approximately $40,000 annually from an on-site billboard, providing immediate income and enhancing holding value. Given the limited availability of large, highway-exposed commercial parcels in the Okanagan, this offering represents a rare chance to acquire scale, visibility, and long-term development potential in West Kelowna’s most dynamic growth corridors
Property Facts
1 Lot Available
Lot
| Price | $9,350,702 USD | Lot Size | 8.30 AC |
| Price Per AC | $1,126,590.57 USD |
| Price | $9,350,702 USD |
| Price Per AC | $1,126,590.57 USD |
| Lot Size | 8.30 AC |
This prime 8.3-acre site presents an exceptional opportunity along one of the Okanagan’s busiest commercial corridors.
Description
This prime 8.3-acre site presents an exceptional opportunity along one of the Okanagan’s busiest commercial corridors. With approximately 900 feet of direct frontage and 1,600 feet of total visibility, it is ideally suited for high-exposure commercial ventures. Zoned Business Park under the Westbank First Nations zoning and offered under a 99-year lease (extendable to 125 years), this property also generates an impressive annual billboard income of $40,000, making it a highly strategic investment in a high-traffic location
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