525 - 527 Lawrence Avenue. Kelowna, British Columbia V1Y6C2

REDUCED

$1,390,000

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Down Payment: Monthly Payment:
  • 4,745 SqFt
  • $292.94 / SqFt
  • Neighbourhood: Kelowna North
  • HOA: N/a
  • MLS® #: 10361812
  • Year Built: 1968

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Description

High visibility PRIME DOWNTOWN INVESTMENT or OWNER-USER OPPORTUNITY 4,745 sq. ft. of versatile commercial space over 2 equal levels in Kelowna's sought-after vibrant Downtown Core. UC1 zoning accommodates a broad range of commercial uses (professional offices, retail & service businesses, health or wellness operations, main floor restaurant & multi-tenant leasing for investment income) plus potential future high-rise development. The property sits on a 3,595 sq. ft. lot with dedicated laneway parking & ample on-street parking. The location offers strategic advantages: high pedestrian & vehicle traffic counts; walking distance to the waterfront, cultural district, shops, dining, beaches & parks; highly sought-after dedicated parking; & central access to transit & major routes. The balanced floorplates (2,372sf per level) add flexibility for multiple tenancies or reconfiguration while keeping ownership & management under one simple title. Separate entrances up & down. Main level has an open floor plan. The upper level is a separate civic address (525 Lawrence) but on the same legal title. Once used as offices & a separate tattoo studio, it has dedicated front & rear entrances. The prime location, dedicated parking, lane access, mixed-use zoning & dual addresses are an ideal non-stratified opportunity to add value & establish a presence in the thriving downtown core of Canada’s fastest-growing city. Call to view -- Bring and build your ideas! (id:6289)

525 - 527 Lawrence Avenue - Subdivision Statistics

Avg. asking price $1,056,291
Price per sq. ft. $674
Median price $675,000
Number of homes for sale in Kelowna North 257
Number of homes for sale in Kelowna 1930
Avg. Days on Market N/A

Essential Information

  • Listing #10361812
  • Price$1,390,000
  • Bathrooms0.00
  • Square Footage4,745
  • Acres0.08
  • Year Built1968
  • TypeOther
  • Sub-TypeResidential Commercial Mix

Amenities

  • FeaturesLevel lot
  • Parking Spaces3
  • ParkingRear, Street

Interior

  • Interior FeaturesDrywall
  • HeatingForced air
  • CoolingCentral air conditioning

Listing Details

  • Listing OfficeRE/MAX Kelowna

Community Information

  • Address525 - 527 Lawrence Avenue
  • SubdivisionKelowna North
  • CityKelowna
  • ProvinceBritish Columbia
  • Postal CodeV1Y6C2

Amenities

Public Transit, Park, Recreation, Shopping

Exterior

  • ExteriorBrick, Wood siding
  • Exterior FeaturesLevel
  • Lot DescriptionLevel lot
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Royal LePage Kelowna
Request a showing of 525 - 527 Lawrence Avenue, a 0 bedroom, 0.00 bathroom Residential Commercial Mix in Kelowna North, Kelowna. Built in 1968 and approximately 4,745 square feet in size, MLS #10361812 is currently listed for $1,390,000. To schedule a property tour, contact us at KelownaHomes.ca