1350 St Paul Street Unit# 102 Kelowna, British Columbia V1Y 2E1

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967 sqft

$535,000
Maintenance,
$394.20 Monthly

Turnkey income investment in the heart of downtown Kelowna. This 967 SF strata unit is leased to an established hair salon on a 5-year triple net lease (commencing June 1, 2026, with a 5-year renewal option), providing immediate, stable cash flow with built-in 3% annual rent escalations. In-place income of $26,669.86/year ($27.58/SF, NNN) reflects a cap rate of approximately 5% at the list price of $535,000. Tenant has one reserved parking stall in the buildings parking garage. A low-maintenance, hands-off investment with a strong downtown location and a proven, established tenant. (id:64133)

Property Details

MLS® Number	10396878
Property Type	Retail
Neigbourhood	Kelowna North

Building

Size Interior	967 Sqft
Type	Retail

Land

Acreage No

Size Total Text Under 1 Acre

Aerial

Mark Gidden
Realtor/Founder

Lloyd Taverner
Realtor/Senior Partner

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Last Updated
August 06 2026 06:58:47

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TESTIMONIALS

Our Valued Clients

Ashley Harvey

Mark and his team helped us find our forever home, and we are so grateful for his experience and expertise. Mark was so patient while our infant cried while we hunted for the perfect house. We will use Mark and his team for years to come.
Jen Platman

Lloyd was the best realtor we’ve ever worked with. He understands people and takes the time to listen. He was extremely helpful and made the process stress-free and seamless. Lloyd goes above and beyond for his clients and it shows. He truly enjoys what he does, he’s honest and makes you feel at ease. Our new home is our castle and Lloyd did everything to help us get there. This guy is real gem!
Tom S

Mark helped us look for, negotiate, and purchase our family home. He was diligent, extremely professional and has an unsurpassed knowledge of the Kelowna and wider Okanagan areas. His name is mentioned anytime we have a friend looking to buy or sell their home. Many thanks Mark.

Acreage	No
Size Total Text	Under 1 Acre