Rare Opportunity - Large Industrial Property

Transcription

1 INDUSTRIAL LAND FOR SALE Lake Okanagan Penticton Regional Hospital Rare Opportunity - Large Industrial Property 1603 Dartmouth Road, Penticton, BC > > acre industrial property centrally located in Penticton, ideal for owner/occupier or development. > > Centrally located in Penticton s industrial area, just east of the Penticton Regional Hospital. > > Excellent visibility at the corner of Dartmouth Road and Carmi Avenue. > > Surrounding area has a mix of service commercial and light industrial uses including Kal Tire, BC Fasteners & Tools and Xtra Storage. CHAD BIAFORE Personal Real Estate Corporation chad.biafore@colliers.com JACK SHABBITS jack.shabbits@colliers.com

2 CARMI AVE CARMI AVE 1603 Dartmouth Rd Acres DARTMOUTH RD FOR SALE 1603 Dartmouth Road Penticton, BC Prime Industrial Property > > acres (±188,920 SF) of general industrial development land in central Penticton. > > Fully fenced, flat property with excellent access for large trucks. > > Centrally located offering easy access to key trucking routes, particularly the Highway 97 corridor. > > Zoned M3 - accommodating all M1 - general industrial uses including fleet service, high technology service, motor vehicle and equipment services, industrial and agriculture, etc., in addition to use as a wrecking yard. Civic Address: Legal Address: PID: Location: Site Area: Current Zoning: OCP Designation: Taxes (2016): $19, Dartmouth Road, Penticton, BC Lot 1, District Lot S, Land District 54 Plan KAP37288 Located on the southwestern corner of Dartmouth Road and Carmi Avenue in the industrial area of Penticton Acres (±188,920 SF) M3 - Wrecking Yard - includes all uses in M1 plus use as a wrecking yard M1 - General Industrial Sale Price: $4,400,000

3 Opportunity 1603 Dartmouth Road offers acres of prime development land in the industrial area of Penticton. The property is relatively flat and is fully fenced with good access for large trucks and would be ideal for a developer to sub-divide and sell or lease smaller parcels of land. Its close proximity to Main Street and the Penticton Hospital is a great opportunity for many users including distribution, manufacturing, and logistics companies among others. The property consists of acres (±188,920 SF) of land in the sought after industrial area of Penticton, located at the corner of Dartmouth Road and Carmi Avenue. The property affords easy access to Highway 97 via Industrial Avenue or Carmi Avenue to Main Street. The City of Penticton s website indicates the property is currently zoned M3, which allows all uses permitted in M1 zoning as well as use as a Wrecking Yard. There is potential to develop the existing property by subdividing the property into smaller half acre/one acre industrial lots (max density allowed in M1) or opportunity for an owner user to develop the site in its entirety. Industrial properties of this size are very rare in Penticton making this property an exceptional value.

4 CHANNEL PARKWAY GOVERNMENT ST FOR SALE > 1603 Dartmouth Road, Penticton, BC Aerial View DUNCAN AVE FAIRVIEW RD MAIN ST Rona Shoppers Safeway DUNCAN AVE CARMI AVE PENTICTON REGIONAL HOSPITAL Home Hardware Burger King INDUSTRIAL AVE DARTMOUTH RD McDonalds KFC/Taco Bell OKANAGAN AVE GOVERNMENT ST MAIN ST Boston Pizza QUEBEC ST Tim Hortons WARREN AVE DAWSON AVE PENTICTON POWER CENTRE Winners Staples TD Bank Superstore Sleep Country Dollar Store CHERRY LANE SHOPPING CENTRE Husky Starbucks Subway Booster Juice Urban Dollar Food Court Shoe Warehouse Suzy Sheir Visions CIBC Warehouse One SKAHA LAKE RD MAIN ST S M&M Meats PENTICTON REGIONAL AIRPORT Marks Work Warehouse Tim Hortons

5 Demographics Located in the central area of British Columbia s Okanagan Valley, Penticton is a recreational lakeside paradise with acres of beautiful parkland and sandy beaches. Cradled within a glorious range of mountains, this urban sanctuary is blessed with a pristine lakes, pine forests, orchards, vineyards, sandy beaches, and superb amenities. Penticton is easily accessible from numerous major urban centres. By highway, the City is only 5 hours from Seattle, WA and Vancouver, and only 8 hours from Calgary. Making this area a highly desirable summer and winter vacation destination. The City of Penticton lies at the base of the Okanagan Valley bounded by gently rolling mountains to the east and west and 2 fresh water lakes, Lake Okanagan to the north and Skaha Lake to the south. The area experiences over 2,100 hours of sunshine and only 15 inches of rain annually giving Penticton a comfortable year round climate. This is a region that truly has something for everyone. Foodies flock to the area s renowned orchards and vineyards; families can t get enough of the many sandy, lakeside beaches; and outdoor enthusiasts come for the golfing, hiking, biking and skiing. The history and culture of the region - from its Aboriginal peoples to European fur traders to wine makers and food producers - is strongly tied to the land. This is reflected in many of the area s museums, heritage sites, and much of its artwork, where the colourful past is brought to life for visitors (Estimated) Penticton Area Southern Okanagan Population 31,800 80,500 Number of Households 15,000 36,600 Average Household Income $65,900 $69,300

6 Zoning Bylaw M1 - General Industrial

7 Zoning Bylaw M1 - General Industrial

8 Zoning Bylaw M3 - Wrecking Yard

9 CHAD BIAFORE Personal Real Estate Corporation JACK SHABBITS This document/ has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s) All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Kelowna). COLLIERS INTERNATIONAL Leon Avenue Kelowna, BC V1Y 6J