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

Hide

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

Hide

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

Hide

1896 Ambrosi Rd

Kelowna, BC V1Y 4R9

Land for Sale
$3,050,000 CAD
0.39 AC Lot

Kelowna Land for Sale

Development opportunity in Kelowna’s Midtown Urban Centre. 16,961 sq ft lot with approximately 121 ft of frontage on Ambrosi Road, zoned UC3 – Midtown Urban Centre, allowing for a range of residential, mixed-use, and commercial development options subject to City of Kelowna approvals. The property is located within an active redevelopment corridor surrounded by multi-family and commercial projects, with convenient access to Springfield Rd, Harvey Ave, transit, and urban amenities. Existing home on site; property presents strong future redevelopment potential. Buyer to verify development potential with the City of Kelowna.

Contact:

Macdonald Realty Interior

Property Subtype:

Commercial

Date on Market:

2026-03-24

Hide

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

Hide

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

Hide

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

Hide

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

Hide

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

Property Subtype:

Restaurant

Date on Market:

2025-08-18

Hide

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

Hide

2075 Matrix Cres

Kelowna, BC V1V 0C1

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

Air Conditioning

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

Hide

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

Hide

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

Hide

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

Hide

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

Hide

3116 Appaloosa Rd

Kelowna, BC V1V 2G9

Land for Sale
$2,090,000 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

Hide

Unit #12 & 13, 727 Stremel Road, Kelowna

Industrial for Sale
Price Upon Request
1,910 SF
2 Industrial Properties

Kelowna Portfolio of properties for Sale

Double industrial strata unit totaling approximately 1,910 SF available in Stremel Centre just off Highway 97 N. End cap location adjacent to the complex entrance. 2 grade-level overhead doors, angled for easy access. Heavy-duty window security grills in place. In-unit washroom. Parking is available in front of each unit. Secure, fully fenced complex with a heavy-duty entrance gate. Immaculate industrial units that have been well maintained and are move-in ready.

Contact:

RE/MAX Kelowna

Date on Market:

2026-05-07

Hide

1625 Dilworth Dr

Kelowna, BC V1Y 7V3

Industrial for Sale
$949,000 CAD
2,054 SF
1 Unit Available

Wheelchair Accessible

Kelowna Industrial for Sale

Discover a rare opportunity to own a modern light industrial strata unit in Kelowna’s centrally located Dilworth Mountain business area. This two-level, 2,054 SF property is designed for functionality and efficiency, providing outstanding access and features for a wide range of industrial uses. The main level boasts impressive 24-foot clear ceilings, a convenient grade-level bay door (10'x12'), and a robust 200 AMP 3-phase power supply to support production or specialized equipment. Temperature-controlled spaces include two ductless split HVAC units on the main floor and a dedicated rooftop-mounted unit servicing the second floor, ensuring comfort for office or light assembly functions. With dedicated parking for two vehicles and I-2 zoning, this property offers flexibility for users seeking an adaptable industrial environment in a strategic city location. Located minutes from major Kelowna arteries and established commercial districts, businesses will benefit from easy connectivity across the Okanagan region. This strata unit combines operational efficiency with long-term value and is ideal for companies looking to secure ownership in one of British Columbia’s growing economic hubs.

Contact:

Coldwell Banker Horizon Realty

Property Subtype:

Warehouse

Date on Market:

2026-06-26

Hide

More details for 1187 Sunset Dr, Kelowna, BC - Multifamily for Sale

One Water Street - 1187 Sunset Dr

Kelowna, BC V1Y 9W6

Retail for Sale
$700,000 - $800,000 CAD
930 - 1,140 SF
2 Units Available

Wheelchair Accessible

Kelowna Multifamily for Sale

One Water Street is centrally located in downtown Kelowna, steps from Okanagan Lake, the waterfront promenade, and the city’s dynamic North End – one of Kelowna’s most vibrant and culturally rich neighbourhoods. Positioned between the city’s Cultural and Entertainment District and the Bernard Avenue shopping corridor, the community offers a walkable urban lifestyle surrounded by lakeside amenities, contemporary residential towers, and a diverse mix of retail, dining, and entertainment options. Downtown Kelowna is known for its scenic waterfront and lively urban core, home to upscale boutiques, local retailers, cafes, craft breweries, and many of the Okanagan’s most acclaimed restaurants and wine bars. The area also features marquee hospitality and lifestyle destinations, including the Delta Hotels by Marriott Grand Okanagan Resort, specialty grocers, and boutique fitness studios. The adjacent Cultural and Entertainment District enhances the neighbourhood’s appeal with tree-lined streets, parks, beaches, and an impressive collection of arts and entertainment venues. This includes the Kelowna Art Gallery, Rotary Centre for the Arts, and Prospera Place – the city’s largest event venue and host to major concerts and year-round programming. The North End further provides access to galleries, museums, performance spaces, public art, outdoor festivals, classes, and workshops that animate the area throughout the year. With Waterfront Park, marinas, cycling paths, and numerous community amenities just steps away, along with immediate access to Bernard Avenue’s primary retail and dining offerings, One Water Street stands as one of the most desirable and well-connected addresses in the Okanagan.

Contacts:

Royal LePage Kelowna

CBRE

Property Subtype:

Apartment

Date on Market:

2026-06-26

Hide

More details for 3051 Abbott st, Kelowna, BC - Multifamily for Sale

Alma On Abbott - 3051 Abbott st

Kelowna, BC V1Y 1G9

Office/Retail for Sale
$659,600 - $732,700 CAD
776 - 862 SF
2 Units Available

Air Conditioning
24 Hour Access
Smoke Detector

Kelowna Multifamily for Sale

Own a boutique commercial strata unit in one of Kelowna’s most desirable neighborhoods, Lower Mission. Situated within ALMA on Abbott, a newly constructed 87-unit residential development, this podium-level unit provides a rare opportunity to secure a modern space designed for today’s business operators. The property is located steps from Pandosy Village, a highly walkable, amenity-rich district known for strong pedestrian appeal, established local businesses, and accelerating residential growth. The unit benefits from premier frontage and signage opportunities along Abbott and Cedar streets, ensuring excellent visibility. Surrounding amenities, including the newly opened Pandosy Waterfront Park, enhance the daily appeal for both operators and patrons. This setting is ideal for retail, professional services, boutique offerings, or lifestyle-focused businesses seeking proximity to a vibrant residential community. Immediate possession is available, allowing new owners to capitalize on the momentum in this popular urban node. Positioned within a growth corridor and supported by sustained demand for pedestrian-friendly retail and service uses, ownership here is not only an operational advantage but also a long-term value proposition.

Contact:

Royal LePage Kelowna

Property Subtype:

Apartment

Date on Market:

2026-06-26

Hide

3314 Appaloosa Rd

Kelowna, BC V1V 2W5

Industrial for Sale
$4,990,000 CAD
15,400 SF
1 Unit Available

Kelowna Industrial for Sale

This rare opportunity offers 15,400 SF of combined industrial strata space at 3314 Appaloosa Road, situated in the heart of Kelowna’s thriving industrial hub. The property comprises three connected units sold together, delivering functionality, flexibility, and exceptional logistics advantages. Featuring a secured and paved 15,000 SF yard, the site accommodates businesses requiring substantial outdoor storage or operational space. The layout includes a balanced mix of office, mezzanine, and warehouse areas, providing versatility for a variety of industrial and commercial uses. Operational efficiency is enhanced by the property’s 21-foot clear ceiling height and three grade-level loading doors—one measuring 20’W x 14’H and two at 12’W x 14’H—ensuring streamlined freight handling and access for large vehicles. Its dual zoning (I2 and I1) supports a wide range of permitted activities, appealing to both owner-users and investors seeking a dynamic asset in a high-demand market. The site is strategically positioned near Highway 97, just minutes from Downtown Kelowna and approximately six minutes to Kelowna International Airport, facilitating regional and national connectivity. With its combination of premium yard space, adaptable interior design, and strategic location, this property offers significant value for operations looking to scale or consolidate in a core industrial corridor.

Contact:

Venture Commercial

Property Subtype:

Warehouse

Date on Market:

2026-06-25

Hide

360 Spedding Crt

Kelowna, BC V1X 7K9

Industrial for Sale
$1,995,000 CAD
7,320 SF
1 Unit Available

Kelowna Industrial for Sale

FOR SALE — Prime Midtown Kelowna Commercial Retail Strata Unit 4 – 360 Spedding court, Kelowna Rare Owner-User or Investment Opportunity | High-Exposure Power Shopping District Strategically positioned just off Highway 97 (Harvey Avenue) with immediate access from Baron Road, this property sits within one of the city’s strongest retail and service trade areas.Total Size: 7,320SF Main Floor: 5,700 SF Legal Mezzanine: 1,620 SF •Approximate Dimensions: 60 ft (width) × 95 ft (length) •– Vehicle Oriented Commercial (broad permitted uses) •Ceiling Height: 17.5 ft clear to bottom of trusses •Layout: Open floor plan suitable for retail, showroom, service commercial, or light commercial users •Access: One (1) 14’ grade-level overhead door •Flooring: Durable concrete floors •Washrooms: Two (2) •Electrical: 3-phase, 220 amp service •HVAC: Rooftop unit updated in 2020 •Signage: Pylon signage at lot line providing strong exposure •34 common area parking stalls within the complex •3 dedicated reserved stalls assigned to the unit •14 shared customer parking spaces

Contact:

Business Finders Canada

Property Subtype:

Warehouse

Date on Market:

2026-06-25

Hide

More details for 5300 Main St, Kelowna, BC - Retail for Sale

Parallel 4 - 5300 Main St

Kelowna, BC V1W 0C1

Retail for Sale
$473,316 - $867,193 CAD
769 - 1,410 SF
3 Units Available

Kelowna Retail for Sale

Established in 1996, the Village of Kettle Valley is an award-winning, master planned community. Featuring walkable streetscapes, plentiful parks, extensive nature trails, panoramic Okanagan Valley views, and the amenities a family needs. For nearly two decades, people have been flocking to Kettle Valley, eager to be a part of the incredible, welcoming lifestyle that comes with it.

Contact:

HM Commercial Group

Date on Market:

2026-06-15

Hide

View on Map

1-23 of 56

Learn More About Investing in Commercial Properties

Understanding Cap Rates in Commercial Real Estate

Calculating and Interpreting Cap Rates for Canadian Investors

Types of Commercial Leases: From Gross to Triple Net

Understanding the Different Lease Structures for Your Business Space

Commercial Real Estate Investing: Your Path to Market Success

Your guide to starting and thriving in Canadian commercial property investments

Apartment Building Investment: A Strategic Market Overview

Essential Insights and Practical Strategies for Building Your Multi-Family Portfolio

How to Rent an Office for Your Business in Canada

Learn About the Costs, Types of Office Spaces, and Key Considerations for Leasing the Ideal Commercial Space

Understanding Common Area Maintenance (CAM) Charges

Grasping Common Area Maintenance (CAM) Fees for Better Commercial Real Estate Decisions

How to Buy Land: From Raw to Ready for Development

Understanding Land Types and Purchase Requirements for Property Investment

REIT Investment Strategies: Building Real Estate Wealth

Understanding Investment Trusts and Creating Your Portfolio Strategy

Commercial Properties for Sale in Kelowna

View All Available Listings

How many commercial properties are available for sale in Kelowna?

There are currently 76 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 8,822 SF. The largest commercial properties available to buy is 85,297 SF and the smallest is 743 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 5.15% based on data provided in Kelowna. Learn more about how cap rates are calculated.

Nearby Cities