Outstanding rare opportunity! This amazing 11,500 SF (1/4 acre) property is zoned M1 (light industrial) in a mixed-use area and is just 1 block to downtown Keremeos, making it ideal for a home-based retail business, motel, automotive garage, veterinarian office & much more, or to develop as a multi-residential or duplex property. Currently there is a solid older 2 bedroom, 1 1/2 bath veteran's home with 2 x 6 wall construction on this private fenced property. With back alley access, an attached a huge workshop approx. 1300 Sq. Ft. and loads of room to build with 10x7 garage doors, perfect to store your toys or open your own business. This property can be enjoyed today or kept as a holding property to start a future business or to develop.