KELOWNA

Kelowna is located in the Okanagan Valley in British Columbia, Canada. Known for its beautiful lakes, beaches, wineries, and outdoor recreational opportunities, Kelowna has become a popular destination for tourists and residents.

The real estate market in Kelowna has been steadily growing, with a mix of single-family homes, townhouses, and condos available. Prices have risen recently, but the market remains relatively affordable compared to other major Canadian cities. The city also has a good mix of older and new homes, with many properties featuring stunning mountains and Okanagan Lake views. The city also has a vibrant downtown area with shops, restaurants, and several wineries offering tastings and tours. Outdoor enthusiasts can also enjoy hiking, biking in nearby mountains, and skiing at the Big White Ski Resort.

Kelowna also boasts a rich cultural scene with several museums and art galleries and hosts events and festivals throughout the year.

Description

An excellent investment opportunity: a centrally located 1-acre corner cul-de-sac lot with two Industrial Warehouse buildings. This property offers easy access to major arterial roads and is situated in a business-oriented neighbourhood. The building features a total of 24,680 sq. ft. of leasable area, which includes 20,852 sq. ft. at grade, 2,000 sq. ft. of second-floor offices, and 500 sq. ft. of mezzanine storage, along with a bonus area on the second floor. The property is zoned as I1 and comes with high ceilings, grade-level access, a bay door, 3-phase power, and ample parking. The currant net operating income offers a 5% cap rate on the asking price. (id:2469)

Listing Provided By

Realtymonx

Neighborhood Info

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Property Details

Living Area
0 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
1 ac|100+ acres
Taxes
N/A
Type
Other
Style
N/A
Basement
Year Built
N/A
Real Estate Listing
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