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Home BC Greater Kelowna Central Okanagan West Kelowna Westbank
2670 Lower Glenrosa Road
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2670 Lower Glenrosa Road $9,995,000
$9,995,000
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2670 Lower Glenrosa Road
West Kelowna, British Columbia V4T1P9

MLS® Number: 10367250

Listing Description

Prime Outdoor Storage Facility with Residence – 2670 Lower Glenrosa Road, West Kelowna. This property is a premier income-producing asset located in one of the most supply-constrained markets in the Okanagan — outdoor storage. The offering includes a 5.92-acre property (4.44 acres fee simple plus 1.52 acres licensed from the City of West Kelowna) with extensive recent improvements exceeding $4 million. Priced at $9,995,000 against an estimated market value of $11.89 million, the property presents an immediate equity upside of roughly 16%, making it a compelling investment for both passive investors and owner-operators. The property’s zoning—A1 Agricultural with site-specific approval for commercial/outdoor storage—is highly unique and difficult to replicate under today’s planning constraints, enhancing its long-term strategic value. The storage facility is fully developed, gated, and paved, encompassing 256 stalls for RVs, boats, trailers, and commercial vehicles. The design emphasizes low-maintenance, recurring income with amenities such as a wash bay, sani-dump, LED lighting, security cameras, fencing with privacy slats, and landscaping. A modern 2,280-square-foot caretaker’s residence featuring a two-bedroom main suite, a one-bedroom secondary suite, and a 440-square-foot garage complements the asset, providing either staff accommodation or additional rental potential. (39430264)

Property Summary

Property Type
Industrial
Building Type
Other
Neighbourhood Name
Westbank Centre
Land Size
4.4 ac|1 - 5 acres
Time on REALTOR.ca
42 days

Price and Sale History

Date Status Price
Aug 31, 2016 Sale Closed $500,000

Building

Bathrooms
Partial
0
Building Features
Features
Irregular lot size
Utilities
Utility Type
Electricity (Available), Natural Gas (Available), Telephone (Available), Water (Available)
Utility Sewer
See remarks
Water
Municipal water

Land

Lot Features
Present Use
Industrial
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Steven Harvey