Kelowna Commercial Properties for Sale

Commercial Real Estate in Kelowna available for sale

Kelowna Commercial Property for Sale

Industrial Properties Retail Spaces Apartment Buildings Specialty Properties Office Spaces

2075 Matrix Cres

Kelowna, BC V1V 2A4

Land for Sale
$2,380,000 CAD
1.08 AC Lot

Kelowna Land for Sale

2075 Matrix Crescent, a 1.08-acre, fully serviced, shovel-ready industrial lot for sale in Kelowna’s highly sought-after Airport Business Park. This flat, development-ready parcel offers a rare opportunity to build a modern, build-to-suit industrial facility tailored for logistics, aviation-related operations, or time-sensitive distribution. Flexible I2 (General Industrial) and CD15 (Airport Business Park) zoning supports a wide range of uses, from warehousing and distribution to aircraft maintenance, light manufacturing, and logistics staging yards. With the ability to accommodate a modern facility of approximately 29,500 square feet, including a mezzanine, the site offers strong design potential, featuring high clear heights, dock and grade-level loading, and robust power, positioning the property to meet the operational demands of high-volume users. 2075 Matrix Crescent’s fully serviced infrastructure enables immediate construction, eliminating entitlement and servicing delays. The site’s size and configuration support efficient truck circulation, yard use, and modern industrial workflows, while build-to-suit flexibility allows future occupants to design facilities that optimize throughput, storage, and operational efficiency. Surrounded by industrial users within a well-established business park, the setting creates a strong ecosystem for collaboration, employee retention, and operational stability. Located minutes from Kelowna International Airport (YLW), the site benefits from expanding air service connectivity to Vancouver, Calgary, Toronto, and Seattle, dramatically reducing first- and last-mile transit times for time-sensitive, high-value, or perishable freight. Proximity to Highway 97, with efficient links to Highway 33, the Okanagan Connector, and the Trans-Canada Highway, provides seamless access to Alberta and US markets. The area supports a skilled workforce of approximately 75,000 within a 10-kilometer radius, strengthening labor availability. The surrounding Airport Business Park offers convenient staff amenities, including Four Points and Hampton Inn hotels, Tim Hortons, A&W, Subway, and Nesters Market. Situated within one of Canada’s fastest-growing regional markets and an increasingly supply-constrained industrial node, 2075 Matrix Crescent stands out as a premier investment for developers, owner/users, and investors seeking long-term value and strategic market positioning.

Contact:

M Development Inc

Property Subtype:

Industrial

Date on Market:

2026-03-19

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818 Glenmore Dr

Kelowna, BC V1Y 4N9

Land for Sale
$2,247,696 CAD
0.59 AC Lot

Kelowna Land for Sale

Just minutes from the highly anticipated new Parkinson Recreation Centre and minutes to downtown, this site is ideally located in a rapidly evolving, transit-oriented area within the Glenmore neighbourhood.

Contact:

eXp Realty

Property Subtype:

Residential

Date on Market:

2026-04-22

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971 Clement Av

Kelowna, BC V1Y 7E2

Land for Sale
$1,299,000 CAD
0.11 AC Lot

Kelowna Land for Sale

Land assembly with 961, 967, 971 and 977 Clement Avenue. The total site area is 19,164 sqft in Kelowna’s Transit Supportive Corridor (TSC1), allowing for six storey residential development within an area designated for urban intensification. Located just minutes from Downtown Kelowna, the site benefits from strong connectivity to major arterial routes, supporting efficient access across the urban core. The surrounding corridor continues to attract investment alongside infrastructure upgrades and sustained residential demand. An opportunity to secure a centrally located, pre-zoned assembly aligned with Kelowna’s long-term growth objectives and evolving urban framework.

Contact:

eXp Realty

Property Subtype:

Residential

Date on Market:

2026-03-23

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2835 Richter St

Kelowna, BC V1Y 2R7

Land for Sale
$1,704,162 CAD
0.16 AC Lot

Kelowna Land for Sale

Investment property or redevelopment.

Contact:

eXp Realty

Property Subtype:

Residential

Date on Market:

2026-03-23

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1722 Bernard Av

Kelowna, BC V1Y 6S2

Land for Sale
$2,360,184 CAD
1.68 AC Lot

Kelowna Land for Sale

Land Assembly with 1414 Vineland Street, 1404 Vineland Street, 1421 Cherry Crs E, 1413 Cherry Crs E, 1403 Cherry Crs E, 1397 Cherry Crs E and 1381 Cherry Crs E. This assembly totals 73,184 sqft. Development opportunity situated along the Bernard Avenue Transit Supportive Corridor(TSC), this property offers exceptional potential for low rise development under current TSC guidelines with potential 2.3 FSR. Just steps from the highly anticipated Parkinson Recreation Centre and minutes to downtown, this site is ideally located in a rapidly evolving area. The flat lot and central location make it a strong candidate for multi-unit residential, apartment, or mixed-use development.

Contact:

eXp Realty

Property Subtype:

Residential

Date on Market:

2026-03-23

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1953-1955 Baron Rd

Kelowna, BC V1X 3W2

Retail for Sale
$5,850,000 CAD
14,966 SF

Kelowna Retail for Sale

Outstanding, income generating, commercial investment opportunity for an investor searching for a multi-tenant commercial property. Complex sits on 1.191 acres and includes a stand-alone commercial building totaling approx. 14,966 SF with a total of 3 retail type units that are leased to high-profile, long-term tenants. Each of the units has a mezzanine level, although only 1 is finished with offices. There are 4 overhead doors to the rear of the building, all with ground level access. The site is paved with an open common parking area at the front of the building along with additional parking to the side and rear of the building. Outstanding fascia signage opportunities as well as on a highly visible complex pylon along Baron Road. This is a turn-key commercial investment opportunity with secure cash flow from high quality tenants.

Contact:

RE/MAX Kelowna

Date on Market:

2026-01-30

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1965 Pier Mac

Kelowna, BC V1V 2K5

Industrial for Sale
$8,749,995 CAD
22,160 SF

24 Hour Access

Kelowna Industrial for Sale

FOR SALE — 1965 Pier Mac Way, Kelowna, BC Building Size: 22,160 SF Land Size: 1.075 Acres Tenancy: Fully Leased 3 Fully Tenanted Bays, 4 Grade-Level Loading Doors and 4 Dock Loading Doors, Clear Height: 28–32 ft, Modern Construction with high functionality for logistics, distribution, or light industrial uses Excellent Visibility and access from Highway 97, Zoning I2 – Industrial Strategically positioned near Kelowna International Airport Direct access to Highway 97 with high traffic visibility 15–20 minutes to Downtown Kelowna Strong surrounding industrial and commercial base This property offers investors a stable income-producing asset in one of Kelowna’s most sought-after logistics and light industrial hubs.

Contact:

Business Finders Canada

Property Subtype:

Warehouse

Date on Market:

2026-01-08

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1359 Sutherland Av

Kelowna, BC V1Y 5Y2

Retail for Sale
$490,000 CAD
743 SF

Kelowna Retail for Sale

Outstanding opportunity to acquire the land, building and business of a local institution – Shady Rest British Fish & Chips. Located in the heart of the Capri-Landmark Urban Centre along Sutherland Ave, this iconic business has been at this location for almost 80 years and has a well-established & loyal client base. This is a turn-key operation as a fish & chips shop and includes all equipment. Lot is .05 acres located at the intersection of Sutherland Ave & Lindahl Street with a versatile 743 SF, single-storey structure. Long time, successful owner is offering to stay on and train in all aspects of the operation, if desired. This is an excellent opportunity for an entrepreneurial minded individual to take the reins of a successful local business.

Contact:

RE/MAX Kelowna

Date on Market:

2025-08-18

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1357 Ellis St

Kelowna, BC V1Y 1Z9

Retail for Sale
$1,163,000 CAD
1,955 SF
1 Unit Available

Kelowna Office for Sale

Outstanding commercial investment opportunity in Downtown Kelowna. High-profile commercial strata unit available in the heart of Kelowna’s Cultural District. Tenanted, street level unit with approx. 1,955 SF of commercial space featuring high ceilings and exposed ventilation giving the space an inviting, modern look and feel. Revenue generating as tenant has signed a new 5-year lease. Great location in a busy, high traffic area surrounded by the Kelowna Regional Library, Interior Health Buildings, YMCA, Okanagan Innovation Centre, Kelowna Actor’s Studio, City Hall, numerous residential complexes and a block away from the new UBCO Downtown Campus (under construction), Prospera Place and the waterfront. Financial information is available with a signed CA.

Contact:

RE/MAX Kelowna

Date on Market:

2025-07-21

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2075 Matrix Cres

Kelowna, BC V1V 0C1

Industrial for Sale
$3,500,000 CAD
24,850 SF

Kelowna Industrial for Sale

Industry land in kelowna airport area , can be use for AI CENTER with big power, can be lease for anytime . safety and good location. Location Advantages Close to Kelowna International Airport (YLW): Ideal for logistics, aviation-related businesses, and time-sensitive distribution. Near Highway 97: Offers excellent connectivity throughout the Okanagan region, with easy access to Vernon and even the U.S. border. Land & Infrastructure1.08-acre flat, fully serviced industrial lot: Ready for immediate construction. No extra preparation needed. Zoned I2 (General Industrial) or CD15 (Airport Business Park): wide use Suitable for a wide range of uses manufacturing, warehousing, logistics, and more. Development Flexibility Build-to-suit options available: Some listings suggest development potential for ~29,500 ft² building including mezzanine.. Modern design potential: High ceilings (32 ft+), dock and grade-level loading, and ample power—ideal for heavy or high-volume operations. Business Environment. Part of a well-established Airport Business Park: Surrounded by hotels (Four Points, Hampton Inn), restaurants (Tim Hortons, A&W, Subway), and groceries (Nesters Market) great for staff amenities.

Contact:

M Development Inc

Date on Market:

2025-07-08

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1659 Water St

Kelowna, BC V1Y 8T8

Retail for Sale
$1,950,000 CAD
22,496 SF

Kelowna Retail for Sale

RE/MAX Commercial - RE/MAX Kelowna presents this opportunity to lease a brand-new commercial building (currently under construction) at the Gateway to Downtown Kelowna

Contact:

RE/MAX Kelowna

Date on Market:

2025-06-17

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1505 Hardy St

Kelowna, BC V1Y 7W9

Industrial for Sale
$13,500,000 CAD
19,375 SF

Kelowna Industrial for Sale

TENANTED SINGLE-STOREY INDUSTRIAL BUILDING WITH REDEVELOPMENT POTENTIAL INDUSTRIAL DEVELOPERS AND INVESTORS – Trophy industrial property in Central Kelowna with the potential for further densification through redevelopment. The property is 3.111 acres of prime industrial land and is currently zoned I2 – Light Industrial. The current zoning would allow a potential redevelopment of just over 200,000 SF based on the Max FAR and up to 3 storeys. There is a tenanted, single-storey, 19,375 SF commercial building with 3 units. Offering cash flow and holding income until the property can be further redeveloped.

Contact:

RE/MAX Kelowna

Property Subtype:

Warehouse

Date on Market:

2025-04-21

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2842-2848 Fenwick Rd

Kelowna, BC V1X 5E4

Industrial for Sale
$716,430 - $1,538,130 CAD
2,171 - 4,661 SF
3 Units Available

Kelowna Industrial for Sale

Self-contained industrial strata building located on Fenwick Road just off Highway 97 near Scandia Golf & Games

Contact:

RE/MAX Kelowna

Date on Market:

2025-04-10

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9640 Mccarthy Rd

Kelowna, BC V4V 1S5

Industrial for Sale
$847,000 CAD
3,388 - 5,445 SF
12 Units Available

Kelowna Industrial for Sale

This newly constructed industrial property offers a modern, high-specification environment designed to accommodate a wide range of business operations. Located just north of Kelowna International Airport and easily accessible from Highway 97, the site provides excellent connectivity throughout the Okanagan region. The development features flexible unit configurations, high-quality finishes, and functional layouts, making it suitable for light industrial users, commercial operations, and investors seeking a well-positioned asset in a growing market.

Contact:

NAI Commercial Vancouver

Date on Market:

2025-03-04

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3116 Appaloosa Rd

Kelowna, BC V1V 2G9

Land for Sale
$2,190,000 CAD
1 AC Lot

Kelowna Land for Sale

RE/MAX Kelowna presents an outstanding opportunity to acquire a prime property in one of Kelowna’s key industrial growth areas. Located on the north side of Appaloosa Rd, between Academy Way and Arab Crt, this property totals approximately 1.00 acre (±43,560 SF), with a rectangular shape offering ±104 FT of frontage along Appaloosa Rd and a depth of ±420 FT. Currently zoned RR2 - Small Lot Rural Residential, the property is situated in a rapidly transitioning area, designated by Kelowna’s 2040 OCP as IND - Industrial for future land use. This zoning designation aligns with the surrounding area's ongoing shift towards industrial development, with the potential to rezone to I2 - General Industrial. Such a rezoning would permit a maximum site coverage of 60%, a floor area ratio (FAR) of 1.5 (allowing for up to 65,340 SF), and a building height of up to 16 meters (52.4 feet).

Contact:

RE/MAX Kelowna

Property Subtype:

Industrial

Date on Market:

2024-10-02

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678 Bernard Av

Kelowna, BC V1Y 6P3

Office for Sale
$10,995,000 CAD
17,624 SF

Air Conditioning

Kelowna Office for Sale

Located in the thriving core of Downtown Kelowna, 678 Bernard Avenue presents an exceptional opportunity to acquire a fully vacant, turnkey office building with significant redevelopment potential. This three-story, 20,421 SF property spans 0.397 acres and occupies a high-profile corner location at one of the city’s busiest signalized intersections. The site offers excellent exposure and signage potential, making it a rare find for both investors and owner-users.

Contact:

HM Commercial Group

Date on Market:

2026-05-14

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1880 Pandosy St

Kelowna, BC V1Y 1R4

Multifamily for Sale
$5,600,000 CAD
18,467 SF

Bicycle Storage

Kelowna Multifamily for Sale

This multifamily investment property offers 21 fully leased residential suites in a sought-after location on Pandosy Street, just steps from downtown Kelowna and Lake Okanagan. The three-level, walk-up style building delivers a mix of one-bedroom, two-bedroom, and studio units, appealing to a diverse tenant base. Residents enjoy easy access to an array of restaurants, cultural attractions, professional services, and recreational amenities within walking distance. The building has been carefully maintained over time, featuring upgraded natural gas boilers, modernized suites, and essential updates to ensure operational reliability. On-site conveniences include a common laundry area, secured bicycle storage, and rear surface parking accessible via the lane. Comprehensive utility connections, including municipal water and sewer, add to the ease of management. With its established occupancy, proven rental history, and strong urban location in Kelowna South, this property presents a steady income stream and long-term appreciation potential. Its proximity to major transit routes, parks, and high-demand lifestyle amenities reinforces enduring demand from renters, making it a compelling acquisition for multiresidential investors seeking quality in one of the Okanagan’s most dynamic markets.

Contact:

RE/MAX Commercial

Property Subtype:

Apartment

Date on Market:

2026-05-14

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410 Milton Rd

Kelowna, BC V1X 1W4

Land for Sale
$1,745,000 CAD
0.21 AC Lot

Kelowna Land for Sale

This redevelopment opportunity presents strong potential for a multi-family project, with a conceptual layout supporting up to 13 townhomes. Located in a highly desirable and walkable neighbourhood, the properties are within close proximity to schools, parks, shopping, and key employment hubs making it an attractive location for future residents. The City of Kelowna has indicated support for MF2 rezoning, all details and development potential are to be verified by the buyer through their own due diligence. A prime opportunity for builders and investors to secure a well located site with excellent redevelopment potential in a growing community. Renderings are conceptual and for illustrative purposes only.

Contact:

eXp Realty

Property Subtype:

Residential

Date on Market:

2026-05-04

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400 Milton Rd

Kelowna, BC V1X 2V4

Land for Sale
$1,745,000 CAD
0.21 AC Lot

Kelowna Land for Sale

Contact:

eXp Realty

Property Subtype:

Residential

Date on Market:

2026-05-04

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210 Lougheed Rd

Kelowna, BC V1V 2M1

Flex for Sale
$825,000 CAD
2,400 SF
1 Unit Available

Kelowna Industrial for Sale

2,400 sq. ft. ground-floor concrete industrial strata in a prime central location near major highways and the airport. Features an open warehouse with potential mezzanine, built-out front reception and office, 12' x 14' grade-level overhead door, private washroom, ample on-site parking, and 200-amp three-phase power. Delivered vacant on closing. I-1 zoning supports a wide range of industrial and service uses.

Contact:

Royal LePage Kelowna

Date on Market:

2026-05-01

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1810 Bernard Av

Kelowna, BC V1Y 6S3

Land for Sale
$2,180,350 CAD
0.18 AC Lot

Kelowna Land for Sale

Land Assembly Contact for pricing

Contact:

eXp Realty

Property Subtype:

Residential

Date on Market:

2026-05-01

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9590 Mccarthy Rd

Kelowna, BC V4V 1S5

Industrial for Sale
$13,500,000 CAD
85,297 SF

Kelowna Industrial for Sale

A rare opportunity to acquire a purpose-built, institutional-grade cannabis production facility secured by a 20-year lease in North Kelowna's Beaver Lake Road Industrial Park. This 85,297 SF asset sits on a 1.95-acre site with an estimated $40 million replacement value, delivering predictable income and long-term upside through a strong tenant covenant. The facility was substantially upgraded by tenant and LP holder FLWR Cannabis/Avant Cannabis, who invested heavily in state-of-the-art, end-to-end production infrastructure — creating a fully built-out, license-ready asset of exceptional quality. For cannabis operators, the specialized infrastructure offers confidence in future operational capacity or re-leasing potential. For institutional investors, the 20-year lease, strong covenant, and high replacement cost create a compelling income profile in a supply-constrained market. Strategically positioned with direct access to Highway 97, the site connects seamlessly to Kelowna Airport, the Lower Mainland, US border crossings, and Western Canadian distribution networks. Whether as a premium cash-flowing investment or a long-term strategic hold, this is a rare chance to control one of Canada's most advanced cannabis production assets.

Contact:

Marcus & Millichap

Date on Market:

2026-04-29

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215 Neave Rd

Kelowna, BC V1V 2L9

Industrial for Sale
$1,350,000 CAD
3,746 SF
1 Unit Available

Air Conditioning
24 Hour Access
Smoke Detector

Kelowna Office for Sale

Presenting an investment-ready industrial opportunity in Kelowna’s North Glenmore neighborhood, Unit 4 at 215 Neave Road delivers a practical blend of income stability and future flexibility. The property, built in 2005, totals 3,746 square feet and is partially leased, ensuring immediate revenue for new owners. The second floor, offering 1,100 square feet, is currently leased and functions as an office suite complete with a dedicated washroom. The main level spans 2,646 square feet and features two offices, a lunchroom, a washroom, and a sizable open warehouse section—available for lease to generate additional income or accommodate an owner-user operation. Both levels are climate-controlled with air conditioning, enhancing comfort and usability across work environments. The site includes 10 parking stalls, a valuable attribute in today’s competitive industrial market. Located in a sought-after light industrial corridor, the property benefits from convenient access to major roadways, regional supply chains, and Kelowna’s growing commercial ecosystem. This asset suits investors seeking cash flow and appreciation or businesses desiring a combination of occupancy and income-producing tenancy.

Contact:

Coldwell Banker Horizon Realty

Date on Market:

2026-04-17

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Commercial Properties for Sale in Kelowna

View All Available Listings

How many commercial properties are available for sale in Kelowna?

There are currently 66 commercial properties available for sale in Kelowna, offering a unique opportunity for businesses to establish a presence.

How big are the commercial properties available for sale in Kelowna?

The average size of commercial properties available for sale in Kelowna is about 8,883 SF. The largest commercial properties available to buy is 85,297 SF and the smallest is 664 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for commercial properties in Kelowna?

The average market cap rate for commercial properties for sale is about 5.30% based on data provided in Kelowna. Learn more about how cap rates are calculated.

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