Commercial Investment Building/Development...$3,295,000

British Columbia

**This image may not be a representation of the actual Business or Property for sale**
Listing Type Commercial Real Estate
Price $3,295,000
CAP Rate Call for details
Land Area .54 Acres
Building Area 13197 Sq Ft
Zoning C4
Type of Sale Share

Business Description

Prominent location on Ellis Street in Kelowna, BC just off Highway 97 with C4 Urban Centre Commercial Zoning. This fully leased out building is primarily used as an office building and generates nearly $135,000 in annual rent. Current zoning allows for up to 6 storeys.

13,197 square foot building. This solid two storey building has high visibility location highway frontage, easy access and lots of parking. Building is divided into several lease spaces.

Facilities

This corner lot offers a 0.357 acre lot and a 0.138 acre lot for a total of 0.54 of an acre, with a two storey 10,498 square foot Commercial building.

Growth/Expansion