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Kelowna development land near Okanagan Lake sold for $4.9M

The parcel is just over an acre and is zoned for mixed-use development
pandosy
 
Just over an acre of land in the Pandosy Town Centre area of Kelowna has sold for $4.9 million, HM Commercial Group reports. 
 
This property is exceptionally well located, just steps from shopping, restaurants, Gyro Beach and Okanagan Lake. The parcel is currently zoned for C1 Local Commercial development but may be rezoned to C4 Urban Centre commercial.
 
The property is located at 3326 Lakeshore Rd., Kelowna. 
 

Breakdown: 

 
Price: $4,900,000
Lot Size: 1.15 acres 
Property Type: Land 
Zoning: C1
City: Kelowna
Province: B.C. 
Name of Brokerage: HM Commercial Group – Macdonald Realty Kelowna 
 

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