314 Totem Avenue. Kelowna, British Columbia V1X5W6

REDUCED

$2,998,800

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  • Neighbourhood: Rutland North
  • HOA: N/a
  • MLS® #: 10385202
  • Year Built:

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Description

Priced at assessed value!! Excellent location, stand-alone Industrial Warehouse. Approx 8,000 sq.ft with an approx. 10,000 sq.ft. fenced compound. 2-storey, Bay doors, mezzanine, front entry counter and offices. Currently 2 years left on net lease at $13/sq. expiring Nov. 2027. Add'l rents includes Insurance, Property Tax, approx. $2,766.00. Tenant pays utilities. Market reflects a higher lease rate for the property upon maturity of the lease. Possibility of warehouse expansion. Strata plan was designed by the neighbours for future development but never pursued. Property title shows bare land strata. No strata fees, no strata corp. All information and measurements deemed approximate only and should be verified by the Buyer(s) agent(s). (id:6289)

314 Totem Avenue - Subdivision Statistics

Avg. asking price $1,112,139
Price per sq. ft. $338
Median price $788,000
Number of homes for sale in Rutland North 195
Number of homes for sale in Kelowna 2086
Avg. Days on Market N/A

Essential Information

  • Listing #10385202
  • Price$2,998,800
  • TypeIndustrial
  • Sub-TypeOther

Community Information

  • Address314 Totem Avenue
  • AreaRutland North
  • SubdivisionRutland North
  • CityKelowna
  • ProvinceBritish Columbia
  • Postal CodeV1X5W6
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Request a showing of 314 Totem Avenue, a bedroom, bathroom Other in Rutland North, Kelowna. Built in and approximately 0 square feet in size, MLS #10385202 is currently listed for $2,998,800. To schedule a property tour, contact us at KelownaHomes.ca