110 Hwy 33 - Storefront Retail/Office FOR SALE


Kelowna, BC V1X 1X7
$11,000,000 CAD
778-918-5505
110 Hwy 33, Kelowna, BC for Sale
$11,000,000 CAD
Storefront Retail/Office - FOR SALE
1/1
null | Request Cap Rate

110 Hwy 33
Kelowna, BC V1X 1X7


HIGHLIGHTS

  • Prime Location
  • Established Area
  • Easily Accessible

OVERVIEW

Investment opportunity at 110 Highway 33 W, Kelowna, BC. Situated on a high-profile corner lot spanning 1.302 acres in the bustling Rutland North area, this property comprises two free-standing commercial buildings, surrounded by thriving businesses and essential Amenities. BLDG 1: Two Stories offering approximately 13,594 sq. ft of professional office and retail space. BLDG 2: Single story with 7,591 sq. ft, recently renovated with high-end finishes, ideal for commercial use. This property generates a remarkable annual gross income of $716,438.75, presenting excellent cash flow opportunities for investors. Minutes from Kelowna Airport, UBC Okanagan, and Downtown Kelowna, ensuring unparalleled connectivity. Nearby amenities include major retailers such as Starbucks, Scotiabank, Save-On-Foods, TD Bank, RBC, Subway and More. With zoning allowing up to 12 stories and a 3.5 FAR, the site offers substantial future redevelopment potential while capitalizing on its current strong income generation in one of Kelowna’s most dynamic commercial hubs.

FOR SALE DETAILS

PRICE

$11,000,000 CAD

PRICE/SF

$809 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,715 SF

ZONING

C4

APN/PARCEL ID

026-499-631

ASK ABOUT THIS PROPERTY

Roy SunPacific Evergreen Realty Ltd (Pacific Place Group)More Info
778-918-5505

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Roy SunPacific Evergreen Realty Ltd (Pacific Place Group)More Info
778-918-5505

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.