100% Tenanted – Income generating property. 12,052 SQFT mixed-use building occupied by 5 tenants. Units range from 1,350 SQFT – 3,260 SQFT which include industrial, office and retail users. Property is in great condition and has been very well maintained with a clean Phase 1 Environmental completed in 2022. Great passive investment opportunity in a growing Kelowna market. Significant upside in the rental rates.

Kelowna Market

• • Kelowna BC is officially one of the fastest growing city’s in Canada according to the 2021 Census data released by Statistics Canada. Kelowna’s population in 2022 is estimated to be 153,148 and more than 222,000 people call the central Okanagan home.
  • Small bay industrial and flex-use units are among the most sought out assets in the Okanagan.
  • The Kelowna and Central Okanagan are currently experiencing historical low commercial vacancy levels making this an excellent time to invest in this market.
  • Kelowna is home to the 10th busiest airport in Canada and the Regional District of Central Okanagan has become one of the most desirable places to live largely due its mountains, lakes, sandy beaches, orchards, vineyards and golf courses.

The property is situated just off of Enterprise Way and 1 block north west of Hwy 97. This allows for convenient highway access and is one of the busiest commercial areas in Kelowna. The property has good visibility and exposure along Hunter Road with a pylon sign already in place. Public transit available within walking distance.