PROPERTY DETAILS:

• 4.337 acre industrial site

• Corner location, one block from hospital

• Ideal for owner users, development, potential to subdivide

• PRICE: $4.35 Million (+/- $1.0 Million/acre)

FOR SALE1603 Dartmouth Road • Penticton, BC

Macdonald Realty Kelowna

21603 Dartmouth

FOR SALE1603 Dartmouth Road

Penticton, BC

HM Commercial Group – Macdonald Realty Kelowna is pleased to present 1603 Dartmouth Road in

Penticton, BC, a 4.337 acre vacant land parcel which is ideal for a large owner-user group, development as

light industrial or even subdivision into smaller parcels of 1 to 2 acres.

This is a corner location at Dartmouth and Carmi Ave and offers excellent visibility to passing motorists with

easy access to get to Hwy 97 and points north or south. The property has a gentle slope that is conducive for

larger transport trucks and heavy machinery.

The property is only a block away from the Penticton Regional Hospital, which recently completed a major

expansion to the David E. Kampe Tower.

This is an incredibly rare offering in a tight market that faces extreme shortages of available land due to

geographic constraints of the surrounding mountains

and lakes.

LIST PRICE: $4.35 Million (+/- $1.0 Million/acre)

31603 Dartmouth

PROPERTY DETAILS

CIVIC ADDRESS 1603 Dartmouth Road, Penticton BC

LEGAL DESCRIPTION Lot 1, Plan KAP37288, District Lot 250 2710 3429S, Land District 54, SDYD

PID 005-015-669

LAND AREA 4.337 acres

ZONING (CURRENT) M3

FUTURE LAND USE Industrial

ASSESSMENT VALUE $1,680,800 (2019)

PROPERTY TAXES $19,543 (2019)

DIMENSIONS 124M frontage on Dartmouth, 174M deep

41603 Dartmouth

HYPOTHETICAL SUBDIVISION

51603 Dartmouth

LOCATION OF SERVICE

61603 Dartmouth

ENVIRONMENTAL An environmental assessment was commissioned by the Vendor in 2010 thru 2012. After the Phase 1 and

Phase 2 studies were completed, the Ministry of Environment issued a Final Determination Letter dated Jan

4,2012, which indicated that: “…the site identified below is not a contaminated site”, and “The Information

provided indicates that the site does not have concentrations of substances that exceed standards prescribed

in the contaminated Sites Regulation for industrial land (soil and vapour) use and drinking water and

freshwater aquatic water uses”.

The Subject Property is located one block from Penticton Regional Hospital which recently completed a major

expansion of the David E. Kampe Tower: a six (6) storey tower is phase one of a $312 million upgrade to the

hospital. The tower has 84 rooms, five operating rooms and other procedural facilities.

PROXIMITY TO HOSPITAL

71603 Dartmouth

HOSPITAL SITE PLAN

81603 Dartmouth

ZONING

91603 Dartmouth

THE SMALL PRINTThis document/email has been prepared by HM Commercial Group for advertising and general information

only and 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.

We assume that the property is free of any environmental condition that would negatively impact the market

value of the property. Unless otherwise stated, we have not performed a review of title, nor any encumbranc-

es that appear on title. We are not Lawyers, nor Accountants and thus are not qualified to provide legal or

accounting advice.

Any interested party should undertake their own inquiries as to the accuracy of the information. HM Commer-

cial Group 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 copyright-

ed property of HM Commercial Group and /or its licensor(s).

HM Commercial Group is a team of Real Estate Professionals licensed with Macdonald Realty Kelowna.

CONTACT US:

JEFF HUDSON / MARSHALL MCANERNEY*

HM Commercial Group – Macdonald Realty Kelowna

Phone: (250) 712-3130

Email: info@hmcommercial.com

*Personal Real Estate Corporation

HM Commercial Group is a boutique commercial real estate team that specializes in investment properties, land for development, and leasing. Our targeted focus provides us with detailed knowledge of market conditions, as well as key relationships with wealthy investors, institutions, and REIT’s. Over the past few years we have sold over $400 Million dollars in transactions.

WE DO THINGS DIFFERENTLY AND IT WORKS.

Macdonald Realty Kelowna