Commercial Properties for Sale in Kelowna

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.

Property Subtype:

Industrial

Date on Market:

2026-03-19

Kelowna Land for Sale

An exceptional development opportunity in the heart of Rutland! 400 & 410 Milton Road offer two side-by-side corner lots totaling approximately 18,294SF, ideally positioned adjacent to an elementary school. This development opportunity has 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 current zoning allows for up to 6 unit multiplex per lot and 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.

Property Subtype:

Residential

Date on Market:

2026-05-04

Kelowna Land for Sale

Land Assembly Contact for pricing

Property Subtype:

Residential

Date on Market:

2026-05-01

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.

Property Subtype:

Residential

Date on Market:

2026-04-22

Kelowna Land for Sale

Investment property or redevelopment.

Property Subtype:

Residential

Date on Market:

2026-03-23

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.

Property Subtype:

Warehouse

Date on Market:

2026-01-08

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.

Property Subtype:

Restaurant

Date on Market:

2025-08-18

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.

Date on Market:

2025-07-21

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.

Date on Market:

2025-07-08

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

Date on Market:

2025-06-17

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.

Property Subtype:

Warehouse

Date on Market:

2025-04-21

Kelowna Industrial for Sale

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

Date on Market:

2025-04-10

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.

Date on Market:

2025-03-04

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).

Property Subtype:

Industrial

Date on Market:

2024-10-02

Kelowna Retail for Sale

Marcus & Millichap's Western Canada NNN Group has been exclusively engaged to market the 100% freehold interest in 294 Bernard Avenue, Kelowna, British Columbia (the "Subject Property"). The Subject Property is a three-storey, mixed-use commercial building totalling 19,086 SF, 100% leased to Bank of Montreal (dba "BMO") on a recently extended triple-net (NNN) lease expiring May 31, 2031. Situated at the iconic corner of Bernard Avenue and Water Street in the heart of Downtown Kelowna, the Subject Property benefits from immediate proximity to Okanagan Lake, a rapidly densifying residential and hospitality precinct, and Kelowna's premier high street retail corridor. The offering presents a rare opportunity to acquire a trophy, single-tenant flagship asset underpinned by one of Canada's largest and most creditworthy financial institutions, located on one of the most recognizable commercial corners in the Okanagan.

Property Subtype:

Storefront

Date on Market:

2026-07-14

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.

Date on Market:

2026-05-07

Kelowna Land for Sale

This offering presents a rare opportunity to acquire a two-lot assembly totaling approximately 1.5 acres in South Kelowna, within one block of Okanagan College. The site benefits from an OCP “Core Neighbourhood” designation, supporting higher-density redevelopment with a base FAR of 1.8 and potential for up to six stories. Located along K.L.O. Road, a designated Transit Supportive Corridor, the property is ideally positioned for mixed-use or multi-residential development. The surrounding area is a vibrant and growing community hub, with immediate proximity to Okanagan College, K.L.O. Middle School, Kelowna Secondary School, and the popular Pandosy Village retail district. Kelowna General Hospital and Downtown Kelowna are just minutes away, enhancing the site’s appeal for residential and commercial uses. Utilities include municipal water and sewer services, and a preliminary analysis by Lime Architecture along with a topographic survey is available to support planning and design. This is a compelling infill development opportunity in one of Kelowna’s most desirable urban corridors, offering strong connectivity, established amenities, and long-term growth potential.

Property Subtype:

Residential

Date on Market:

2026-03-24

Kelowna Retail for Sale

Mixed use building directly on Rutland Road across the street from Rutland Centennial Park. Income producing property with long-term tenants. Main floor consists of two commercial units for a total of 2,390 square feet occupied by a floral shop and a tattoo shop. Second floor is a 1,900 square feet, three bedroom, updated residential unit. Building is fully occupied. Located on a high-traffic, high-exposure corridor in a central location close to all amenities and transit. On-site paved & fenced parking. Lot is .22 of an acre with UC4 zoning offering future redevelopment opportunity. UC4 (Rutland Urban Centre) zoning allows for high-density, mixed-use development similar to other nearby new developments.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-08-12

Kelowna Land for Sale

A 1.83-acre industrial land opportunity within the Sexsmith/Appaloosa corridor, an area well into its transition from rural residential to industrial use. Property priced at $1,950,000/acre. Several neighbouring parcels have already rezoned to I2, General Industrial. This property's designation under the City's Official Community Plan (OCP2040) supports the same future use, positioning it well for developers or investors targeting industrial land in one of the region's fastest growing corridors. It also benefits from strong connectivity to UBC Okanagan, Kelowna International Airport, and major arterial routes. The property is currently zoned A2 (non ALR land). The property also includes a single family home with a basement suite, detached workshop/garage, and barn, offering interim residential use ahead of rezoning, with the existing structures well suited to support office, workshop, and storage needs for an operating business once industrial use is approved.

Property Subtype:

Commercial

Date on Market:

2026-08-12

Kelowna Land for Sale

Prime Development Opportunity in Glenmore – Kelowna, BC Now RE-ZONED to VC1 Welcome to 368 Valley Road, an exceptional 0.75-acre development site located in the highly sought-after Glenmore neighbourhood of Kelowna. This rare offering presents a prime opportunity for developers and investors looking to capitalize on one of the city’s fastest-growing and most desirable areas. The property is currently under re-zoning to VCI, a designation that is fully supported by the City of Kelowna’s Official Community Plan, allowing for the development of a six-storey apartment complex. This forward-looking zoning aligns perfectly with Kelowna’s long-term vision for increased residential density in well-connected urban locations.All municipal services are conveniently located at the lot line, significantly reducing upfront development costs and timelines. The site’s gentle topography and generous lot size offer excellent flexibility for thoughtful, efficient design. Shopping centres, medical offices, schools, parks, and sports fields are all just minutes away, making the location ideal for future residents seeking convenience, walkability, and a strong community feel. With strong population growth, high rental demand, and supportive planning policies, 368 Valley Road represents a compelling development opportunity in one of Kelowna’s most established and desirable neighbourhoods. Opportunities like this are rare—secure your position in Glenmore’s future today.

Property Subtype:

Residential

Date on Market:

2026-08-10

Kelowna Industrial for Sale

Well-positioned industrial property with excellent access and secured yard storage. The site is .343 acres with a single industrial building with two overhead doors. Currently configured as two separate 2,500 SF spaces with shared yard. This is a bareland strata and there are no strata fees.

Date on Market:

2026-08-10

Kelowna Multifamily for Sale

Second-floor commercial unit in the sought-after Invue development offering approximately 1,694 sq. ft. of professional office space in a secure concrete building. The functional layout features a welcoming reception area, three private offices, a spacious open work area currently configured with cubicles, a dedicated staff room, and attractive designer finishes throughout. Suitable for a wide variety of professional and service-oriented businesses, including medical or dental clinics, physiotherapy or wellness practices, accounting or law firms, real estate or insurance offices, consulting, technology, and other professional services (subject to zoning). A unique advantage is the built-in exposure to Invue's 92 residential units, creating convenient access to potential clientele. Ideally located in Kelowna's central Midtown commercial district, just steps from Orchard Park Shopping Centre and directly behind Orchard Plaza, the property enjoys exceptional visibility and accessibility. Surrounded by major retailers, professional services, transit routes, and established neighbourhoods, it offers easy access to Highway 97, Downtown Kelowna, and surrounding communities. Additional features include outdoor space, access to common washrooms, two secure underground parking stalls, on-site visitor parking and free street parking on adjacent Barlee Road. An outstanding opportunity to own premium commercial space in one of Kelowna's most desirable business locations.

Property Subtype:

Apartment

Date on Market:

2026-08-06

Kelowna Industrial for Sale

Property Subtype:

Warehouse

Date on Market:

2026-07-30