Prime Development Opportunity – 2040 Joe Rich Road & 2021 Hwy 33 E, Black Mountain, Kelowna Secure nearly 5 acres of premium commercial land in the heart of Kelowna’s growing Black Mountain community. Strategically located at the high-visibility corner of Joe Rich Road and Highway 33 East, this property offers outstanding exposure and long-term upside in one of the city’s fastest-developing corridors. Rezoning is currently underway for a proposed 148-unit multi-family residential development with up to 15,000 sq ft of ground-level commercial space, creating a strong mixed-use opportunity designed to serve the surrounding neighbourhood. Letters of Intent are secured with nationally recognized brands including Loblaw Companies Limited, McDonald's, and Petro-Canada, offering built-in tenant appeal and future stability. An established liquor store is already operating on site, providing immediate holding income. This is a rare chance to control a substantial footprint in a high-demand location with strong residential growth, excellent traffic flow, and expanding amenities. Option available to relocate the pump house and incorporate Lot 1 (1655 Gallagher Road) into the purchase for additional scale. A strategic investment with vision, location, and momentum on its side. (id:13641)
| MLS® Number | 10377821 |
| Property Type | Other |
| Neigbourhood | Joe Rich |
| Amenities Near By | Airport, Recreation, Schools, Shopping, Ski Area |
| Community Features | High Traffic Area |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Size Interior | 9,011 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Irrigation District |
| Additional Parking |
| Access Type | Easy Access, Highway Access |
| Acreage | Yes |
| Current Use | Mixed Use |
| Land Amenities | Airport, Recreation, Schools, Shopping, Ski Area |
| Sewer | Municipal Sewage System |
| Size Irregular | 4.62 |
| Size Total | 4.62 Ac|1 - 5 Acres |
| Size Total Text | 4.62 Ac|1 - 5 Acres |
https://www.realtor.ca/real-estate/29420629/2040-joe-riche-road-kelowna-joe-rich
Contact us for more information
Kirk Chamberlain
Personal Real Estate Corporation
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