William Wright Commercial to announce the sale of 470 Banks Road, a fully leased, 11,430 SQFT income-producing commercial building that is strategically located on a 0.66-acre corner lot in the heart of Kelowna’s commercial corridor.

The property provides investment stability through five diversified service commercial units (leased to 4 different tenants). Each unit is designed for functionality with rear warehouse space equipped with 12′ grade-level overhead doors. The property benefits from exceptional connectivity, situated just 1.5 blocks from Highway 97 and minutes from major retailers like Costco and Walmart. It has C2 zoning, which allows for a wide range of uses and an RCOM future land use.

Shelby Kostyshen and Jeff Hancock of William Wright Commercial Kelowna represented the Purchaser in this transaction.

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About William Wright Commercial Real Estate Services: William Wright Commercial is a modern, full service commercial brokerage founded in 2013, offering more dedicated commercial real estate offices in British Columbia than anyone else. Our intimate and in-depth knowledge of BC’s best commercial property markets provides clients with the ability to make key decisions with frontline data and information, ensuring that even the most critical needs can be met with confidence. From landlord and tenant representation to investment sales, leasing, and project marketing, we strive to connect our clients to their goals and help them build their business, one transaction at a time.

William Wright Commercial operates offices in Vancouver, Langley, Victoria, Nanaimo, Kelowna, and Kamloops.