Listings
2714 Highway 97N, Kelowna
Description:
25,424sf± of leasable area in two buildings on 1.48± acres of I2 Industrial zoned land with 220ft± of Highway 97N frontage, built in 2003, this versatile layout features 11 rear bay doors and nine front bay doors, 53± on-site parking stalls plus additional exclusive yard rental area, recent leases/renewals range between $18.50/sf – $20.00/sf net, remaining leases range between $11.50/sf – $14.25/sf and expire before February 2025, Diversified tenant mix with nine rental units, Offered at $11,400,000 [Under $450/sf± leasable building area], asking price will equate to 4.3% CAP once average net rents climb to $19.28/sf
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111 – 2714 Hwy 97N, Kelowna
Description:
3011sf shop with approx. 2000sf of yard area (52 feet by an average depth of about 40 feet), Front 11’ x 23’ reception and bathroom (mezzanine will be removed) otherwise open layout, shop has radiant heat (gas), 19’6” ceilings and 2x 100amp 3phase power panel, Two Large Bay doors | Zoned: I2, Excellent pull up parking – Includes 4 allocated on-site parking stalls, Convenient highway 97 location across from Jacobsen GM near Leathead, On-site pylon with great highway 97 visibility and exposure, Available June 1, 2022
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2040 Joe Riche Road & 2021 Highway 33 East, Kelowna
Description:
Strong commercial site: Big White traffic plus under serviced residential neighbourhood! | Proposed City of Kelowna bylaw allows for mix of retail, office, and residential uses* | 4.61±* acres of land with 3.33±* acres of net estimated developable area | Currently there is a 9000±sf vacant building plus some paving on the site | Zoning: 1.0± acre as C2 – Neighbourhood Comm. and remainder as A1 – Agricultural | Future Land Uses: 1.0± acre as COMM and remainder as COMM & PARK | Will this property fall under these upcoming draft zones: C1 drafted with FAR of 75%±* [est. 150,000±sf buildable*] or C2 drafted with FAR of 90%±* [est. 180,000±sf buildable*] | Offered at $9,900,000 | $49/sf± (total land area) | $66/sf± (est. future C1 buildable*) *E&OE: Please independently verify as this information is not guaranteed
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103-3320 Richter Street, Kelowna
Description:
The Tenant is Shoppers Realty Ltd. (operated under Shoppers Drug Mart Brand), Exceptional on-site customer parking plus reserved parking pass(es) for unit 103, Annual Net Rent: $43,485 (Steps to $44,600 in 2025), Vibrant area close to Tim Horton’s and within the mission area neighborhood centre, Strata fees are $619.21 plus GST per month, 2021 Property Tax: $4615, Zoned C4 allowing a multitude of retail and office uses, Significant upcoming development nearby (345+ homes at 3440 Lakeshore), https://dailyhive.com/vancouver/3440-lakeshore-road-kelowna-movala-stober-group, Offered for Sale for $799,000, 5.4% Cap Rate on Ask!
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107 – 2714 Highway 97N, Kelowna
Description:
2408sf on main floor plus bonus 200sf office mezzanine in industrial building with highway frontage. I2 zoning, 3 allocated onsite stalls, 19 foot ceilings, two 10×14′ grade bay door, 100 amp 3ph panel. Office area with modern facade, great pylon signage and extensive parking.
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116 – 2714 Highway 97N, Kelowna
Description:
2288sf on main floor in industrial building with highway frontage. I2 zoning, 3 allocated onsite stalls, 19 foot ceilings, 10×14′ grade bay door, 100 amp 3ph panel. Office area with modern facade, great pylon signage and extensive parking. Available April 1, 2022.
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102-3320 Richter Street, Kelowna
Description:
Rare VACANT 1520 ft.² former medical office with extensive renovations in place, Exceptional on-site customer parking, Vibrant area close to Tim Horton’s and within the mission area neighborhood centre, Attractive architecture and very bright space with windows throughout this corner unit, Zoned C4 allowing a multitude of retail and office uses, Corner signage in high visible location, Modern building – all heating costs are included in triple net! Also available for Lease
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106 – 2689 Kyle Road, West Kelowna
Description:
1757sf service commercial warehouses with bay door | renovations underway: the Landlord shall supply one handicapped washroom, a 100 amp three phase panel, one space heater and one overhead light | C4 Service Commercial zoning allows for multiple uses | the Landlord can build additional rear mezzanines (upper floor rent is $12/sf/year) | Available June 15, 2022
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Quilchena Square Shopping Centre, Merritt
Description:
Great opportunity to acquire a fully occupied shopping center in Merritt BC – Get ready for economic boost from insurance claims! 24,040 ft.² of leasable area on just over 1.8 acres with 114 parking stalls and a site coverage of 30.6%. National tenants represent over 80% of the net income: Pharmasave since 1994 and DollarTree, a fortune 500 company, since 2012. Five other smaller local tenants complete diversified income. 4.75% cap on existing income after management vacancy and structural allowances! Zoned C2
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