Michael Beatch
Referral Partner
Mixed-use commercial/residential investment in downtown West Kelowna on a high-exposure corridor with excellent access, transit, amenities, and ample on-site parking. C1 zoning allows for a wide range of uses including medical, dental, legal, physio, chiropractic, childcare, education, restaurant, pub, retail, personal services, entertainment, and more, plus apartment or care facility development potential for long-term upside. Building totals approx. 2,680 sq ft with ~1,200 sq ft commercial space on the main floor and two residential suites above (~1,480 sq ft) providing diversified income. Ideal for an owner-operator to occupy the commercial unit while generating revenue from the residential units, or as a pure investment. The current owner is willing to lease back the commercial space at fair market rent, offering immediate stable income. Residential units Both on month-to-month tenancies: Suite 1: 2 bed, 1 bath, in-suite laundry, Suite 2: 1 bed, 1 bath, in-suite laundry. Extensively updated in 2019 with PEX plumbing, upgraded electrical service, two new furnaces, and newer A/C units, providing a low-maintenance, turn-key asset. Strong holding property with cash flow, flexible use options, and future redevelopment potential in a rapidly growing urban market. (id:6289)
| Avg. asking price | $854,160 |
| Price per sq. ft. | $473 |
| Median price | $599,000 |
| Number of homes for sale in Westbank Centre | 269 |
| Number of homes for sale in West Kelowna | 619 |
| Avg. Days on Market | N/A |
Public Transit, Park, Recreation, Schools, Shopping
Other
West Kelowna, British Columbia
Prime West Kelowna Development Assembly. A Rare And Lucrative Opportunity Awaits In The Heart Of West Kelowna. This Significant Three-home Assembly—comprising 1407 & 1411 Hudson Rd And 2606 Applewood Rd—offers A Massive, Contiguous Land Par ...(more)
Other
West Kelowna, British Columbia
Prime West Kelowna Development Assembly. A Rare And Lucrative Opportunity Awaits In The Heart Of West Kelowna. This Significant Three-home Assembly—comprising 1407 & 1411 Hudson Rd And 2606 Applewood Rd—offers A Massive, Contiguous Land Par ...(more)
Other
West Kelowna, British Columbia
Prime West Kelowna Development Assembly. A Rare And Lucrative Opportunity Awaits In The Heart Of West Kelowna. This Significant Three-home Assembly—comprising 1407 & 1411 Hudson Rd And 2606 Applewood Rd—offers A Massive, Contiguous Land Par ...(more)
