$1,598,000
Take advantage of this opportunity to acquire a well maintained and leased mixed use COMMERCIAL/RESIDENTIAL property with holding value and development upside. Located in central downtown West Kelowna on a high-exposure street and close to all amenities, transit and with plenty of on site parking. This building is ideal for an owner operator to utilize the C1 zoning which is suitable for a wide variety of uses including legal, medical, dental, physio, chiropractic, haircare, tattoo, child care, education, entertainment, pub, restaurant and more. The zoning also allows for apartments and care facility, major which adds to the longer term development potential as seen in the area already. Renovated in 2019 and consisting of a +/- 1200 sqft commercial space on the main and 2 apartments above spanning +/-1480 sqft, this building's diverse revenue streams make it ideal for an owner operator to utilize the commercial space, apartments or both while benefiting from additional revenue from the remainder of the building. The current owner wishes to remain in the commercial space and will enter into a fair market lease if possible. SUITE ONE: 2 Bedrooms 1 bathroom, in-suite laundry. SUITE TWO: 1 bedroom 1 bathroom, in-suite laundry. Both tenants on month to month. Updates include, two new furnaces in 2019 and two newer AC units, plumbing updated to PEX, updated electrical service for the entire building. (id:64133)
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Property Details
MLS® Number 10364441 Property Type Other Neigbourhood Westbank Centre AmenitiesNearBy Public Transit, Park, Recreation, Schools, Shopping Features Level Lot ParkingSpaceTotal 9 -
Building
Constructed Date 1995 Cooling Type Central Air Conditioning Exterior Finish Brick, Vinyl Siding Heating Type Forced Air, See Remarks Roof Material Other Roof Style Unknown Size Interior 3,000 Ft2 Type Residential Commercial Mix Utility Water Municipal Water -
Land
Access Type Easy Access Acreage No Current Use Mixed Use Land Amenities Public Transit, Park, Recreation, Schools, Shopping Landscape Features Level Sewer Municipal Sewage System Size Frontage 51 Ft Size Irregular 0.14 Size Total 0.14 Ac|under 1 Acre Size Total Text 0.14 Ac|under 1 Acre
Mark Gidden
Realtor/Founder
Lloyd Taverner
Realtor/Senior Partner
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November 12 2025 07:33:22
Association of Interior REALTORS®
Engel & Volkers South Okanagan, Engel & Volkers Vancouver (Branch), Engel & Volkers Vancouver
