$1,474,000
Mixed-use commercial/residential investment in downtown West Kelowna on a high-exposure corridor with excellent access, transit, amenities, and ample on-site parking. C1 zoning allows for a wide range of uses including medical, dental, legal, physio, chiropractic, childcare, education, restaurant, pub, retail, personal services, entertainment, and more, plus apartment or care facility development potential for long-term upside. Building totals approx. 2,680 sq ft with ~1,200 sq ft commercial space on the main floor and two residential suites above (~1,480 sq ft) providing diversified income. Ideal for an owner-operator to occupy the commercial unit while generating revenue from the residential units, or as a pure investment. The current owner is prepared to enter into an above market lease with the new owner offering an immediate stable income source. Residential units are both on month-to-month tenancies: Suite 1: 2 bed, 1 bath, in-suite laundry, Suite 2: 1 bed, 1 bath, in-suite laundry. Extensively updated in 2019 with PEX plumbing, upgraded electrical service, two new furnaces, and newer A/C units, providing a low-maintenance, turn-key asset. Reach out today on this strong holding property with cash flow, flexible use options, and future redevelopment potential in a rapidly growing urban market. (id:64133)
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Property Details
MLS® Number 10387141 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 Sqft 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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May 15 2026 02:19:41
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