Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Zoned UC5 within the Pandosy Urban Centre, offering redevelopment potential for mixed-use and residential projects.
  • Proximity to Okanagan College, top schools, and employment hubs enhances tenant and buyer appeal.
  • Highly walkable neighborhood supported by transit connectivity and rapid urban growth.
  • Located steps from Mission Park Shopping Centre and major amenities.
  • Minutes from Gyro Beach, Pandosy Waterfront Park, and Kelowna’s vibrant recreational areas.

Executive Summary

Investment property or redevelopment.

Property Facts

Price $1,254,195 USD
Sale Type Investment or Owner User
Sale Conditions
Assemblage
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Hold For Development
  • Hold For Investment
  • Motel
  • Neighborhood Center
  • Single Family Development
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Unknown
Total Lot Size 0.16 AC
Zoning UC5 - Multi-family UC5 Pandosy Urban Centre, mixed use or low rise apartment. Transit Supportive

1 Lot Available

Lot

Price $1,254,195 USD
Price Per AC $7,838,716.19 USD
Lot Size 0.16 AC

$1,704,162 Prime urban redevelopment opportunity in one of Kelowna’s most active growth corridors. This property is zoned UC5, Pandosy Urban Centre, supporting higher density residential, mixed-use development in a vibrant, walkable neighbourhood.

Description

Great investment holding property. Prime urban redevelopment opportunity in one of Kelowna’s most active growth corridors. Zoned UC5 (Pandosy Urban Centre), this property supports higher-density residential and mixed-use development in a vibrant, walkable neighbourhood. Ideally suited for a 5-unit townhome project with commercial at street level, offering strong exposure. Located just steps to Mission Park Shopping Centre, Okanagan College, Raymer Elementary, Kelowna Secondary, and KLO Middle School. Minutes from the waterfront and popular amenities including Gyro Beach, Kinsmen Park, Abbott Park, and Pandosy Waterfront Park. Surrounded by transit, schools, beaches, and employment hubs, this is a rare opportunity to secure a strategically positioned site in one of Kelowna’s most desirable and rapidly evolving urban centres. Rendering for illustrative purposes.

Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
  • Listing ID: 39877363

  • Date on Market: 3/23/2026

  • Last Updated:

  • Address: 2835 Richter St, Kelowna, BC V1Y 2R7

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}