William Wright Commercial is pleased to have represented to the Purchaser in the sale of 470 Banks Road, a fully leased, 11,430 SF 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.
Sold
470 Banks Road, Kelowna,
Canada
± 11,430 SQFT
Industrial
$4,400,000
This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
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