Commercial Real Estate in V1Y available for sale
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Commercial Properties for Sale in V1Y

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V1Y Commercial Property for Sale

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More details for 2248 Stillingfleet Rd, Kelowna, BC - Land for Sale

2248 Stillingfleet Road - 2248 Stillingfleet Rd

Kelowna, BC V1Y 7Y9

  • Land for Sale
  • $1,345,998 CAD
  • 0.34 AC Lot

Kelowna Land for Sale

The City of Kelowna is reducing DCC fees by 25% - Phased three-building construction reducing capital exposure. Townhouse Infill Priced at under $150k per door, this represents a disciplined 14% discount to the 2016 neighbourhood precedent. Land pencils cleanly at this price for a sharp operator. Serious developer opportunity in a proven South Kelowna neighbourhood. This is the cleanest, lowest-risk missing-middle infill play available right now. Flat, fully serviced 15,006 sf parcel (82 ft by 183 ft / 0.34 acres). Established family pocket with immediate walkability to Stillingfleet Park, Guisachan Village shops, transit, schools, and daily amenities. Straightforward teardown of the existing 1960s bungalow. MF2 Townhouse Zoning. Full site plan approved for nine 3-storey, ground-oriented townhomes in three clusters of three. Private outdoor spaces, rooftop decks, 18+ on-site parking stalls, and landscaping that exceeds City urban forest standards. Zero variances needed. No rezoning. No hearings. Pour footings within months of closing. 9-unit ground-oriented townhomes. Aligns perfectly with Kelowna’s OCP 2040 and Townhouse Guidelines — gentle density, family housing, infill in a serviced neighbourhood. Fastest path to revenue versus any comparable parcel on the market. Ideal for builders or developers seeking a low-complexity, high-certainty project: under construction this year, units delivered 2027. Bring your pro forma. Serious inquiries only. Contact listing agent for full information package, drawings, and reports. Priced to transact in today’s disciplined market.

Contact:

MacDonald Realty

Property Subtype:

Residential

Date on Market:

2026-07-27
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More details for 1359 Sutherland Av, Kelowna, BC - Retail for Sale

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
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More details for 1357 Ellis St, Kelowna, BC - Office for Sale

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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More details for 1505 Hardy St, Kelowna, BC - Industrial for Sale

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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More details for 294 Bernard Av, Kelowna, BC - Retail for Sale

BMO - 294 Bernard Av

Kelowna, BC V1Y 6N4

  • Retail for Sale
  • Price Upon Request
  • 19,086 SF

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.

Contact:

Marcus & Millichap

Property Subtype:

Storefront

Date on Market:

2026-07-14
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More details for 1470-1476 St. Paul St, Kelowna, BC - Retail for Sale

1470-1476 St. Paul St

Kelowna, BC V1Y 2E6

  • Office for Sale
  • $766,400 CAD
  • 1,916 SF
  • 1 Unit Available

Kelowna Retail for Sale

Located just steps from Bernard Avenue, restaurants, shopping, cafes, and entertainment, this versatile space is currently configured as two separate office suites with individual entrances and shared second-floor washrooms, but can easily be converted back into a single office. Large street-facing windows provide abundant natural light, while a spacious common outdoor patio offers an ideal space for employee breaks or informal meetings. The building offers a professional downtown setting with convenient access for clients and staff. Situated on a quieter street just off Bernard Avenue, the property benefits from a central location within walking distance of City Park, the waterfront, public transit, nearby parkades, and a wide range of downtown amenities.

Contact:

faithwilson | Christie's International Real Estate

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-07-28
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More details for 202 & 203 -1358 St. Paul Street – Office for Sale, Kelowna, BC

202 & 203 -1358 St. Paul Street

  • Office for Sale
  • $1,190,000 CAD
  • 2,415 SF
  • 2 Office Properties

Kelowna Portfolio of properties for Sale

Prime office space located in central downtown Kelowna location between Cawston and Doyle, close to Water Street and other downtown amenities. This is the perfect spot for your business to thrive at 2415 square feet - built out with an array of private office space, boardroom, lunch room, reception and ample natural light. Built in 2003, the 3-storey building is the perfect balance of having a few excellent neighbors with more of a boutique feel, and a newer building providing improved and efficient building systems for easy enjoyment and comfort for you and your staff. 2 reserved parking spaces come with the units with many options close by for additional parking, and public transportation is a short walk from the building. This is your opportunity to stop paying rent and own in an awesome building in the heart of Kelowna's Cultural District and across from the currently under construction UBCO downtown campus. With UC1 zoning, an array of uses are suited here in this ever-growing and changing part of town - come have a look today!

Contact:

faithwilson | Christie's International Real Estate

Date on Market:

2026-07-14
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More details for 1625 Dilworth Dr, Kelowna, BC - Industrial for Sale

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
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More details for 1751 Harvey Av, Kelowna, BC - Flex for Sale

1751 Harvey Av

Kelowna, BC V1Y 6G4

  • Office/Retail for Sale
  • $1,049,000 CAD
  • 1,664 SF
  • 1 Unit Available

Kelowna Flex for Sale

This is a premier opportunity to acquire a prominently positioned commercial strata unit in Kelowna's thriving Landmark District. Spanning 1,664 square feet across two levels, the property is zoned UC2, permitting a wide range of commercial, professional, retail, and service-oriented applications. The layout is thoughtfully designed with a main floor featuring its own washroom and an upper level offering water access and sink facilities. Investor flexibility is a key advantage: take full ownership and occupy both floors, generate rental revenue from one while using the other, or hold as a fully leased asset. The main floor is currently under lease, providing immediate income. Situated along the busy Highway 97 corridor, the unit boasts excellent exposure and prominent signage opportunities from Harvey Avenue and Kirschner Road. Three dedicated parking stalls and nearby street parking enhance convenience for both tenants and clients. Within the high-demand Capri-Landmark Urban Centre, the property is surrounded by office towers, retail amenities, dining establishments, hotels, and major employment hubs. Benefit from the ongoing growth and intensification of this dynamic business district, making this a strong investment or ideal owner-user environment.

Contact:

Realty Monx

Property Subtype:

Showroom

Date on Market:

2026-06-10
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More details for 1880 Pandosy St, Kelowna, BC - Multifamily for Sale

1880 Pandosy St

Kelowna, BC V1Y 1R4

  • Multifamily for Sale
  • $4,750,000 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:

NAI Commercial Okanagan

Property Subtype:

Apartment

Date on Market:

2026-05-14
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More details for 2040 Springfield Rd, Kelowna, BC - Multifamily for Sale

InVue - 2040 Springfield Rd

Kelowna, BC V1Y 9N7

  • Office/Retail for Sale
  • $2,750,000 CAD
  • 3,974 SF
  • 1 Unit Available
  • Fitness Center
  • Pool
  • Roof Terrace

Kelowna Multifamily for Sale

This ground floor retail/office strata unit offers a rare opportunity to acquire a premium commercial space in one of Kelowna’s most desirable mixed-use developments, Invue. Spanning 3,974 SF, the property features a highly functional layout with eight private offices, an executive boardroom, a large kitchen, staff room, and two storage areas. The space is enhanced by 10-foot ceilings, expansive windows providing abundant natural light, and views of green space and surrounding mountains.

Contact:

HM Commercial Group

Property Subtype:

Apartment

Date on Market:

2026-03-06
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More details for 1925 Enterprise Way, Kelowna, BC - Multifamily for Sale

1925 Enterprise Way

Kelowna, BC V1Y 0J8

  • Retail for Sale
  • $849,000 CAD
  • 1,445 SF
  • 1 Unit Available

Kelowna Multifamily for Sale

Prime Passive Investment Opportunity - Situated in The Shoppes at Beverly, this approximately 1,445 sq. ft. retail unit represents a rare opportunity to acquire a stable, income-generating asset. The property is anchored by a reputable long-term franchise tenant, offering investors consistent returns with minimal management requirements. The space is designed for maximum visibility, featuring expansive glass frontage and a welcoming entrance directly on Enterprise Way, along with convenient secondary access from the rear parking area. Its strategic position, just off the intersection of Enterprise Way and Spall Road. Surrounding amenities include established shopping centres such as Mill Creek Crossing, Spall Plaza, and Central Plaza, as well as a wide range of restaurants, boutique retailers, gas stations, banks, and transit connections. This offering combines strong tenant security with an irreplaceable location, making it an excellent addition to any investment portfolio. (39726532)

Contact:

Realty Monx

Property Subtype:

Apartment

Date on Market:

2026-02-12
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More details for 342 Leon Av, Kelowna, BC - Specialty for Sale

342 Leon Av

Kelowna, BC V1Y 6J2

  • Specialty for Sale
  • $7,000,000 CAD
  • 21,545 SF

Kelowna Specialty for Sale

Former tenant Corus / Global Entertainment • 2 storey building, last used as a single-tenant space • Located in prime downtown Kelowna location • UC1 zoned which supports high density development • 12 storey development potential under current zoning & OCP with possibility for higher to 20+ • Excellent road exposure in a high-visibility location with strong accessibility • Excellent redevelopment site for residential, office, retail or hospitality or an easy hold and use in current state • Transit supportive corridor, excellent walk score • Vacant building - offers encouraged

Contacts:

Lennard Commercial Realty

faithwilson | Christie's International Real Estate

Date on Market:

2025-12-22
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More details for 554 Leon Av, Kelowna, BC - Office for Sale

554 Leon Av

Kelowna, BC V1Y 6J6

  • Office for Sale
  • $11,125,000 CAD
  • 31,379 SF

Kelowna Office for Sale

Opportunity to acquire a fully leased, stratified property within a five storey office building in Downtown Kelowna. This incredibly well positioned asset features over 33,000 sqft of rentable area with an enclosed underground parkade and rooftop patio amenity. Every unit has been renovated with modern finishes and green building technologies. With an existing NOI of ~$725,000 (2025), the property offers secure in-place income from a strong tenant mix and future upside potential.

Contact:

William Wright Commercial

Date on Market:

2025-04-23
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More details for 1397 Cherry Cres E, Kelowna, BC - Land for Sale

1397 Cherry Cres E

Kelowna, BC V1Y 3Y2

  • Land for Sale
  • $2,360,184 CAD
  • 0.21 AC Lot

Kelowna Land for Sale

Located along the Bernard Avenue Transit Supportive Corridor, the property is zoned to allow for multi-unit residential, mixed-use, or apartment development. Its flat lot configuration simplifies planning and construction, making it a compelling choice for developers seeking entry into Kelowna’s vibrant and rapidly evolving urban core.

Contact:

eXp Realty

Property Subtype:

Residential

Date on Market:

2026-05-04
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More details for 1403 Cherry Cres E, Kelowna, BC - Land for Sale

1403 Cherry Cres E

Kelowna, BC V1Y 3Y2

  • Land for Sale
  • $2,360,184 CAD
  • 0.21 AC Lot

Kelowna Land for Sale

Located along the Bernard Avenue Transit Supportive Corridor, the property is zoned to allow for multi-unit residential, mixed-use, or apartment development. Its flat lot configuration simplifies planning and construction, making it a compelling choice for developers seeking entry into Kelowna’s vibrant and rapidly evolving urban core.

Contact:

eXp Realty

Property Subtype:

Residential

Date on Market:

2026-05-04
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More details for 1381 Cherry Cres E, Kelowna, BC - Land for Sale

1381 Cherry Cres E

Kelowna, BC V1Y 3Y2

  • Land for Sale
  • $2,360,184 CAD
  • 0.21 AC Lot

Kelowna Land for Sale

Located along the Bernard Avenue Transit Supportive Corridor, the property is zoned to allow for multi-unit residential, mixed-use, or apartment development. Its flat lot configuration simplifies planning and construction, making it a compelling choice for developers seeking entry into Kelowna’s vibrant and rapidly evolving urban core.

Contact:

eXp Realty

Property Subtype:

Residential

Date on Market:

2026-05-04
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More details for 1404 Vineland St, Kelowna, BC - Land for Sale

1404 Vineland St

Kelowna, BC V1Y 3Y6

  • Land for Sale
  • $2,360,184 CAD
  • 0.21 AC Lot

Kelowna Land for Sale

This listing represents a unique development opportunity in Kelowna’s urban core, ideally suited for multi-unit residential or mixed-use redevelopment. Situated along the Bernard Avenue Transit Supportive Corridor, the property benefits from zoning that supports higher density residential development. The site’s flat topography and central placement within the Glenmore neighborhood create excellent feasibility for developers aiming to capitalize on transit-oriented growth in the Central Okanagan market.

Contact:

eXp Realty

Property Subtype:

Residential

Date on Market:

2026-05-04
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More details for 1414 Vineland St, Kelowna, BC - Land for Sale

1414 Vineland St

Kelowna, BC V1Y 3Y6

  • Land for Sale
  • $2,360,184 CAD
  • 0.21 AC Lot

Kelowna Land for Sale

This listing represents a unique development opportunity in Kelowna’s urban core, ideally suited for multi-unit residential or mixed-use redevelopment. Situated along the Bernard Avenue Transit Supportive Corridor, the property benefits from zoning that supports higher density residential development. The site’s flat topography and central placement within the Glenmore neighborhood create excellent feasibility for developers aiming to capitalize on transit-oriented growth in the Central Okanagan market.

Contact:

eXp Realty

Property Subtype:

Residential

Date on Market:

2026-05-04
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LoopNet Canada British Columbia Kelowna Commercial Properties For Sale in V1Y, Kelowna, Canada

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Commercial Properties for Sale in V1Y

View All Available Listings
How many commercial properties are available for sale in V1Y?
There are currently 31 commercial properties available for sale in V1Y, offering a unique opportunity for businesses to establish a presence.
How big are the commercial properties available for sale in V1Y?
The average size of commercial properties available for sale in Kelowna is about 9,686 SF. The largest commercial properties available to buy is 31,379 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 V1Y?
The average market cap rate for commercial properties for sale is about 5.76% based on data provided in V1Y. Learn more about how cap rates are calculated.
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