Proposed Portion of 610 Columbia Street West, Kamloops, BC Current property is a motel in high profile Sahali area, current zone C-3, site size 86,990 sq ft SUMMARY OF proposal: proposal is to subdivide a portion of the parent property at 610 Columbia Street with development potential as follows Asking Price; $2,400,000 for proposed site ; 25,378 sq ft +/1 • Re Zone property to C-6 • Site size proposed as 25,378 sq ft vacant site • Potential development plans for the vacant site to include; -61 parking stalls -40 strata residential units comprised of 8 one bedroom units and 32 two bedroom units on four levels;(levels 2,3,4,5) -3 commercial strata units on level one and also one amenity room ____________________________________________________ The remainder portion with motel (proposed 78 units) could also be available to purchase as well; financial statements of current operation could be available to qualified buyers. Asking price $6,400,000