511 Church Avenue, Oliver
Phenomenal development opportunity in the heart of Canada's wine capital. Zoning changes and Official Community Plan modifications already in place: Rezoned TC/Town Centre: uses include apartment building, gallery, studio, office, childcare, recreation, hotel, personal service or retail. Plans in place to convert existing United Church building to 8 purpose-built residential rental units (6 -1 bed, 1 bath , and 2 -2 bed, 2 bath), with dedicated parking spots (7, including 5 spots via easement over adjoining vacant lot at 545 Church). Acknowledging the building's history, upper level suites in the church conversion will incorporate 13.5 foot vaulted ceilings and stained glass windows. Resubmission of existing plans is the only requirement for building permits. Building as planned enables projected net annual cashflow north of $100,000 in residential rental income. Project revitalization would benefit from significant pre-paid soft cost investments including offsite levies, development charges and utility connections, and asbestos and radon remediations. 545 Church parcel is also being offered for sale separately (see mls#10393499), or combined with 511 Church (see mls#10393143). All listing marketing measurements approximate. Buyer to verify. (id:1945)
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Property details for 511 Church Avenue, Oliver
- Type
- Commercial
- Living Area
- 6,737 square feet
- Lot Size
- 0.16
- Parking
- Rear, Street, Additional Parking
- Heating
- Forced air, See remarks
- Cooling
- Central air conditioning, Window air conditioner, Wall unit
- Exterior
- Stucco
- Annual Taxes
- $2,472
Nearby Listings Stat
Estimated price and comparable properties near 511 Church Avenue
Active Listings
57
Min Price
$128,000
Max Price
$2,750,000
Avg Price
$720,312
Days on Market
119
days
Sold Listings
17
Min Sold Price
$149,000
Max Sold Price
$3,399,000
Avg Sold Price
$833,471
Days until Sold
113
days
Neighbourhood Census Data
Oliver, British Columbia / Colombie-Britannique
Population
581
Median Age
43.8
Median Income
$28,672
Dwelling Value
$319,583
Housing Tenure
Owners 84%
Renters 14%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.3
Pop. Density: 1,823.6/km²
Avg Shelter Cost: $1,078/mo
Owners with Mortgage: 70.7%
Owners Spending 30%+: 31%
Tenants Spending 30%+: 0%
English only: 94.8%
English and French: 3.4%
Neither: 0.9%
Median Household Income: $55,424
Median Employment Income: $25,728
Price History
Listed
July 2, 2026
by Royal LePage South Country
Current Price
$725,000
Type
Commercial
For Sale
