Two lucrative city-owned downtown Kelowna properties have been placed on the market.
The previous Husky gas station, located at 380 Harvey Avenue and the long-vacant McDonald91裸聊视频檚 site at 1746 Water Street have been listed for sale.
Located a stone91裸聊视频檚 throw from each other, these two properties are listed for a combined asking price of $11.275 million dollars.
As part of a lawsuit settlement with the fast-food chain in May 2020, the city purchased the former McDonald91裸聊视频檚 for $2.05 million in May 2020. The building was demolished in November 2020.
According to the BC Assessment Authority, the McDonald91裸聊视频檚 site was assessed at $2.5 million and the Husky lot was worth $4.38 million as of July 2020.
91裸聊视频淪elling these lots will offer significant value to our community, both in terms of revenue generation for the city and the potential for groundbreaking future development at these key locations,91裸聊视频 says Graham Hood, the city91裸聊视频檚 manager of strategic land development.
Remediation to the McDonald91裸聊视频檚91裸聊视频 site would hold back any development until the end of 2022.
READ MORE: McDonald91裸聊视频檚 demolition begins
READ MORE: Tiny house workshop shows Kelowna residents how to downsize
isabella.harmel@kelownacapnews.com
Like us on , follow us on and subscribe to our daily .