Homes for sale - 2418 Drought Road, West Kelowna, BC V4T1P6

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Sarina Lajoie

[email protected] +1(250) 216-6264

$ 1,598,000

Est. payment | -/mo

3,000 SqFt

Save Virtual Tour

$ 1,598,000

Est. payment | -/mo

Save Virtual Tour

3,000 SqFt

Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $532

Subdivision Westbank Centre

MLS® Listing ID 10364441

Year Built 1995

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Freehold

Source Association of Interior REALTORS®

Property Description

Take advantage of this opportunity to acquire a well maintained and leased mixed use COMMERCIAL/RESIDENTIAL property with holding value and development upside. Located in central downtown West Kelowna on a high-exposure street and close to all amenities, transit and with plenty of on site parking. This building is ideal for an owner operator to utilize the C1 zoning which is suitable for a wide variety of uses including legal, medical, dental, physio, chiropractic, haircare, tattoo, child care, education, entertainment, pub, restaurant and more. The zoning also allows for apartments and care facility, major which adds to the longer term development potential as seen in the area already. Renovated in 2019 and consisting of a +/- 1200 sqft commercial space on the main and 2 apartments above spanning +/-1480 sqft, this building's diverse revenue streams make it ideal for an owner operator to utilize the commercial space, apartments or both while benefiting from additional revenue from the remainder of the building. The current owner wishes to remain in the commercial space and will enter into a fair market lease if possible. SUITE ONE: 2 Bedrooms 1 bathroom, in-suite laundry. SUITE TWO: 1 bedroom 1 bathroom, in-suite laundry. Both tenants on month to month. Updates include, two new furnaces in 2019 and two newer AC units, plumbing updated to PEX, updated electrical service for the entire building. (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 0.0

Interior

Heating Forced air, See remarks

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Roof Type Unknown

Total Parking Spaces 9

Private Pool No

Building

Lot Description Level

Sewer Municipal sewage system

Others

Ownership Freehold

Virtual Tour https://unbranded.youriguide.com/qdxm8_2418_drought_rd_west_kelowna_bc/

Listed by Engel & Volkers South Okanagan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(250) 216-6264

[email protected]

1156A Ellis Street, Kelowna, BC, V1Y 0J5, CAN

2418 Drought Road West Kelowna, BC V4T1P6