9918 Highway 97 Highway

9918 Highway 97 Highway · Lake Country · Retail · $1,950,000 · MLS 10374523

Lake Country, British Columbia

C$1,950,000

For sale

9918 Highway 97 Highway is located in Lake Country. Property snapshot: Retail, listed at $1,950,000, MLS 10374523. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 79. Latest recorded list price 1950000.00.

List Price: $1,950,000

MLS: 10374523

Interior Size: 3,299 sqft

Days on Site: 79

Price History: Latest recorded list price 1950000.00

Local Decision Guide

How should buyers evaluate 9918 Highway 97 Highway?

Start by reading this listing in its Lake Country context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?

Recent comparable sales, competing active listings, days on market, price changes and current market pace.
Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.

How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 9918 Highway 97 Highway?

This page shows a list price of $1,950,000 with MLS 10374523.

What type of home is this Lake Country listing?

The page shows Retail at 9918 Highway 97 Highway. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 79 days on market/site. Latest recorded list price 1950000.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

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Remarks

Recently reduced to $1,950,000, this is an opportunity to acquire an irreplaceable commercial property at one of Lake Country’s busiest and most prominent intersections. The 0.41-acre site offers exceptional exposure with approximately 240 feet of frontage along Highway 97, complemented by a dedicated on-site parking lot. The 3,299 sq. ft. building has benefited from recent base-building upgrades, including a new 200-amp electrical panel, insulated garage doors, enhanced insulation, and new drywall to shell—creating a flexible, move-in-ready canvas for tenant improvements or value-add repositioning. Strategically located directly across from Shoppers Drug Mart, RBC, and Tim Hortons, the property is anchored by strong daily traffic counts and sits just minutes from Kelowna International Airport. Zoned C1 (Town Centre Commercial) with a Mixed Use Commercial OCP designation, the site supports a broad range of commercial uses and offers meaningful long-term redevelopment potential. Well suited for an owner-occupier, investor, or developer seeking a high-exposure, service-commercial asset in one of the Okanagan’s fastest-growing communities. (id:56153)