314 Totem Avenue Kelowna, British Columbia V1X 5W6

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$3,180,000

Priced at assessed value!! Excellent location, stand-alone Industrial Warehouse. Approx 8,000 sq.ft with an approx. 10,000 sq.ft. fenced compound. 2-storey, Bay doors, mezzanine, front entry counter and offices. Currently 2 years left on net lease at $13/sq. expiring Nov. 2027. Add'l rents includes Insurance, Property Tax, approx. $2,766.00. Tenant pays utilities. Market reflects a higher lease rate for the property upon maturity of the lease. Possibility of warehouse expansion. Strata plan was designed by the neighbours for future development but never pursued. Property title shows bare land strata. No strata fees, no strata corp. All information and measurements deemed approximate only and should be verified by the Buyer(s) agent(s). (id:64133)


  • Property Details

    MLS® Number 10385202
    Property Type Industrial
    Neigbourhood Rutland North
  • Building

    Type Other
  • Land

    Acreage No
    Current Use Industrial
    Size Total Text Under 1 Acre

Mark Gidden
Realtor/Founder

Lloyd Taverner
Realtor/Senior Partner

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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.