195 & 301 33 Highway W. Kelowna, British Columbia V1X1X8

$37,500,000

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Down Payment: Monthly Payment:
  • 85,335 SqFt
  • $439.44 / SqFt
  • Neighbourhood: Rutland South
  • HOA: N/a
  • MLS® #: 10349613
  • Year Built: 1970

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Description

Plaza 33, a well-established, income-producing shopping centre strategically located along Highway 33 in Kelowna, BC. This highly visible and accessible property serves as a key commercial hub for Rutland. Over 85% of the leasable area is occupied by AAA national and regional tenants, including Save-on-Foods, Shoppers Drug Mart, TD Bank, RBC, Pizza Hut, Hub Insurance, Dynacare Valley Medical Lab and the Okanagan Regional Library. This exceptional tenant mix ensures stable, diversified income and minimal vacancy risk. In addition to its strong cash flow, Plaza 33 offers significant long-term upside. The City of Kelowna's OCP 2040 supports the development of a twelve-storey building on the site, providing excellent potential for future redevelopment and capital appreciation. (id:6289)

195 & 301 33 Highway W - Subdivision Statistics

Avg. asking price $1,695,989
Price per sq. ft. $546
Median price $819,500
Number of homes for sale in Rutland South 68
Number of homes for sale in Kelowna 1905
Avg. Days on Market N/A

Essential Information

  • Listing #10349613
  • Price$37,500,000
  • Bathrooms0.00
  • Square Footage85,335
  • Acres4.93
  • Year Built1970
  • TypeRetail
  • Sub-TypeRetail

Amenities

  • Parking Spaces298
  • ParkingParkade

Interior

  • Interior FeaturesDrywall
  • HeatingOther
  • CoolingSee Remarks

Listing Details

  • Listing OfficeCentury 21 Coastal Realty Ltd.

Community Information

  • Address195 & 301 33 Highway W
  • SubdivisionRutland South
  • CityKelowna
  • ProvinceBritish Columbia
  • Postal CodeV1X1X8

Utilities

Electricity, Natural Gas, Telephone, Sewer, Water

Exterior

  • ExteriorOther
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Request a showing of 195 & 301 33 Highway W, a 0 bedroom, 0.00 bathroom Retail in Rutland South, Kelowna. Built in 1970 and approximately 85,335 square feet in size, MLS #10349613 is currently listed for $37,500,000. To schedule a property tour, contact us at KelownaHomes.ca