MLS® 10387386

Industrial for Sale — North Glenmore, Kelowna, BC

$3,799,999

2906 Appaloosa Road, Kelowna, BC V1V2G8

23
Walk Score
24
Transit
34
Bike
Walk Score® by Redfin
For Sale
1.75 acres
Lot size
23
Walk Score
24
Transit
34
Bike
Walk Score® by Redfin

Property details

Structured details

Lot dimensions
1.75
Structure type
Other
Current use
Industrial
Parcel ID (PID)
008-202-508
Parking
8 spaces
Water source
Municipal water
Sewer
Septic tank
Heating
Forced air, See remarks
Cooling
Central air conditioning
Roof
Asphalt shingle, Unknown
Exterior
Stucco, Wood siding
Fencing
Fence

Listing Information

MLS®
10387386
Listed
May 14, 2026
Time on market
123 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

A unique investment opportunity, 1.75-acre flat property with significant development potential. This property is currently undergoing rezoning to I2 industrial, which aligns with the Official Community Plan (OCP2040). The future I2 zoning will allow for a diverse range of industrial applications. This is a rare investment opportunity located in the rapidly expanding Appaloosa industrial corridor. The existing home on the property features 4 bedrooms and 2.5 bathrooms, and is currently rented, providing holding income while redevelopment plans are finalized. The property is fully fenced and benefits from its close proximity to UBC and the Airport, as well as convenient access to major arterial roads. (id:63159)

Financing calculator

Estimate your monthly payment on the $3,799,999 asking price.

Financing details
Monthly debt service
$36,884
Cash required at close
$785,000
DSCR
Cash-on-cash return (yr 1)

Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.

Location

Local market size (Kelowna)

Population
144,576(+13.5% since 2016)
Population density
682.4/km²
Median household income
$82,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
25.3%
Postsecondary below bachelor's
32.7%
High school diploma
30.3%
No certificate/diploma
11.7%

Population aged 15 and over.

Commute

Car, truck or van
84.3%
Public transit
4.0%
Walked
6.4%
Bicycle
2.7%
Other
2.6%

Commute duration

Under 15 min
41.2%
15–29 min
43.5%
30–44 min
9.8%
45–59 min
2.4%
60+ min
3.1%

Employed labour force with a usual workplace.

Mother Tongue

English82.6%
Punjabi (Panjabi)2.1%
German1.9%
French1.5%
Spanish0.9%
Tagalog (Pilipino, Filipino)0.9%
Mandarin0.7%
Russian0.5%
Italian0.4%
Korean0.4%

Top 10 mother tongues reported (single responses).

Nearby Places

Parks (1)

  • Shetland Park326m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Other commercial property types for sale in Kelowna

Frequently asked questions

What is the asking price for this business?

The asking price is $3,799,999.

Where is this business located?

This listing is located in Kelowna, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.