CAD $16,500,000
5830 Beach Avenue, Peachland, BC, V0H 1X7, CA
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Listing Courtesy of  Engel & Volkers South Okanagan
12 000 sq.ft
AM-5072658
MLS#: 10340575

Development Opportunity in Peachland, BC


Land Assembly - 19 total lots. Embrace this once in a lifetime opportunity to revitalize a downtown core that is just steps from Okanagan Lake in one of Canada’s most inviting and spectacular regions. Assembled over twenty years, and now being offered for sale as a package of close to 65,000 SQFT, all C2 zoned, this is an incredible opportunity for housing, retail, hotel, restaurants, services and municipal spaces to be created in unison, resulting in a downtown core that is vibrant and innovative. The centrepiece of the package is close to 18,000 SQFT at the centre of Beach Ave. and right across from Okanagan Lake that will be the focal point of
Peachland’s downtown. The entire assembly is currently leased and offers the ability to defer costs and create diverse opportunity throughout the process. Peachland is undergoing significant modernization in its vision for the downtown core and this opportunity offers the chance to work collaboratively with the District to help realize that goal. The District holds +/- 39,000 SQFT of land adjacent to the offered land, further enhancing the opportunity for partnerships and creative solutions for downtown Peachland. Some photos have been digitally enhanced to identify the properties included. the shaded areas are for reference only and should be verified.
Peachland’s downtown. The entire assembly is currently leased and offers the ability to defer costs and create diverse opportunity throughout the process. Peachland is undergoing significant modernization in its vision for the downtown core and this opportunity offers the chance to work collaboratively with the District to help realize that goal. The District holds +/- 39,000 SQFT of land adjacent to the offered land, further enhancing the opportunity for partnerships and creative solutions for downtown Peachland. Some photos have been digitally enhanced to identify the properties included. the shaded areas are for reference only and should be verified.
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Listing Highlights

  • Subtype

    Mixed Use
  • Year Built

    1940
  • Tax Annual Amount

    $19,228.03
  • Lot Size (Sq Ft)

    12 000 sq.ft

Property Details

  • Construction
    Property Type
    Commercial Sale
    Year Built
    1940
    Property Subtype
    Mixed Use
    New Construction
    No
  • Parking
    Garage
    No

Location

  • BC
  • Peachland
  • V0H 1X7
  • 5830 Beach Avenue

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CAD $96,289.52

This payment calculator provided by Engel & Völkers and is intended for educational and planning purposes only. * Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Updated: May 11, 2025 5:50 AM