Commercial Properties for Sale in West Kelowna

West Kelowna Specialty for Sale

Prime Outdoor Storage Facility with Residence – West Kelowna| Revenue Generation | Future Development Potential | A1 Zoning Property Overview Total Land: 4.44 acres fee simple + 1.52 acres city-leased. Zoning: A1 Agricultural with site-specific amendment permitting commercial and outdoor storage. Residence: 2,280 SF + 440 SF garage. This turnkey, fully improved outdoor storage and rental facility represents a rare investment opportunity in the supply-constrained West Kelowna market. Financial Highlights Current NOI: $420,000+Growth Potential: Clear path to $700,000+ NOI Recent Capital Investment: $4M+ in grading, fencing, paving, and site improvements Occupancy: Growing with significant room for expansion

Date on Market:

2026-03-30

West Kelowna Specialty for Sale

Accepted offer of $3,200,000. Court date April 15th at 9:45 AM in Kelowna Court. Bring your competing bids to court. Court-ordered sale. Property sold as is, where is. Presenting a 10.96 acre property with 8.8 acres planted with Chardonnay in the heart of West Kelowna’s renowned wine corridor, offering sweeping views of Lake Okanagan and the surrounding valley. Formerly envisioned as the site of Terralux Estate Winery, the property is improved with a substantial partially completed concrete structure, including foundation, elevator shaft, and formed concrete walls. The envisioned winery was designed to be 25,000 square feet with a 30,000 case production capacity. The site is being sold in its current condition. This is a rare opportunity for a purchaser to reimagine the property to suit their own vision. Whether continuing as a winery project, creating a private vineyard estate, or designing a luxury residence with commanding lake views, the groundwork is in place for a bold new chapter. Buyers may choose to adapt prior concepts or pursue an entirely new design aligned with their objectives. Positioned along the West Kelowna winery trail, the location is in close proximity to Little Straw Vineyards, Volcanic Hills Estate Winery, Beaumont Family Estate Winery, and Mt Boucherie Estate Winery, placing it among established and respected neighbours in one of British Columbia’s most dynamic wine regions offering lots of proximity customer traffic. All offers subject to approval by the Supreme Court of BC. Bring your best offer for this great winery and vineyard opportunity.

Property Subtype:

Winery/Vineyard

Date on Market:

2026-02-19

Kelowna Office for Sale

High profile commercial strata unit available in the heart of Kelowna’s Cultural District. Street level unit with approx. 1,955 SF of open industrial feel with high ceilings and exposed ventilation give the space an inviting, modern look and feel. Potential for highly visible fascia signage along Ellis Street, highlighted with spot lighting. This is 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. Currently improved as a long-standing restaurant space, which includes a dining area (currently with 38 seats), large service counter/point of sale area/light prep space, kitchen area with commercial ventilation & walk-in refrigerator, as well as washrooms and a storage area. Potential opportunity for a turn-key restaurant as Bike Shop Cafe & Catering and/or its equipment chattels could be available separately.

Date on Market:

2025-07-21

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

West Kelowna Retail for Sale

Exceptional opportunity to purchase a fully tenanted income producing two storey commercial building in Downtown West Kelowna. Priced at a 5.70% cap rate. Two ground floor commercial units and 2 residential units. The ground floor units total 1,675 SF. The two residential units are a 2-bed/2-bath unit and a 1-bed/1 bath unit which total 1,675 SF on the second floor. Residential units have recently been painted, and the 1-bedroom unit has had new flooring installed.8 parking spots at the rear of the building. High traffic location in West Kelowna’s busiest retail corridor, seeing approximately 15,000 cars passing each day. High visibility with frontage on Main Street/Highway 97 and positioned just 2 blocks from the city’s transit exchange center. Building square footages are approximate and would require verification if important. C1 – Medium Density Commercial Zone with zoning allowing up to 19 storey.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-03-02

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

Date on Market:

2025-12-22

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.

Date on Market:

2025-04-23

West Kelowna Industrial for Sale

Unique opportunity to purchase 3,830 square feet of brand-new industrial space in the highly desirable Carrington Business Park in West Kelowna. Carrington Business Park is strategically located in West Kelowna with highway exposure, offering easy access to Kelowna and nearby retail centers via Highway 97. Business Industrial zoning accommodates a variety of uses, including office space and residential suites on the second floor.

Property Subtype:

Warehouse

Date on Market:

2025-02-05

West Kelowna Land for Sale

A rare opportunity to acquire almost 13 acres of an exclusive mountain top development site with 360 degree views overlooking Shannon Lake, the SL Golf Course and the surrounding mountains. The top of this mountain was blasted and levelled for development over 20 years ago, something the City of WK has affirmed would no longer be permitted. With the new OCP now passed potential developers are encouraged to do their own DD with the City but support for a medium density development (a mix of TH's and Apartments) that compliments the local neighbourhood and SL community has been noted. In depth work regarding the site have been completed, both on and off site servicing requirements, potential site plans, City discussions, Geotechnical report, Field Investigation and highest / best use studies have all been completed and available with a signed CA. Offsite servicing is minimal with utilities available at the lot line. Onsite servicing, due to the nature of a true mountain top location, will be perhaps somewhat more involved in order to extract the full value and potential from the site. This site is truly one of a kind for all of Kelowna/West Kelowna offering unparalleled 360 degrees unobstructed views from all build sites, exclusivity from a private entrance and an excellent central location.

Property Subtype:

Commercial

Date on Market:

2024-12-05

Westbank Land for Sale

Cushman & Wakefield is pleased to present the opportunity to secure a prominent 8.3- acre site situated along Highway 97 in West Kelowna - one of the region’s most visible and strategically connected commercial corridors. The site benefits from approximately 900 feet of direct highway frontage and an exceptional 1,600 feet of overall exposure, capturing the attention of an estimated 97,000 vehicles per day. The property offers strong long term development flexibility supported by BP Business Park zoning, which permits a range of employment focused uses including business park industrial operations, light manufacturing and high technology industry, office uses, and indoor entertainment or recreation uses. Limited accessory retail is also permitted where ancillary to the primary business park use. With a 99-year lease in place, extendable to 125 years, the site also generates approximately $40,000 annually from an on-site billboard, providing immediate income and enhancing holding value. Given the limited availability of large, highway-exposed commercial parcels in the Okanagan, this offering represents a rare chance to acquire scale, visibility, and long-term development potential in West Kelowna’s most dynamic growth corridors

Property Subtype:

Commercial

Date on Market:

2026-02-06

Kelowna Retail for Sale

Date on Market:

2025-08-28

Kelowna Flex for Sale

Welcome to an exceptional opportunity in the bustling downtown district of Kelowna! This meticulously maintained building boasts a total of 4,320 square feet of leasable space, situated on a generous 4,040 square foot lot with an impressive 141 feet of prime street frontage. Featuring a diverse mix of five tenancies, this property offers a versatile layout suitable for various business endeavors. The ground floor encompasses 3,490 square feet of leasable space, while an additional 830 square feet are available on the upper level. This property has undergone recent upgrades. Notable improvements include the replacement of all three natural gas furnaces in 2022, installation of a new heat pump in November 2023, and replacement of Four AC units in 2022. Enjoy the convenience of triple net leases, covering all building expenses and ensuring a hassle-free owner experience. Among the esteemed occupants are renowned establishments located at 507, 511, 513A, 513B Lawrence Ave, and 1607 Ellis Street, with a recent restaurant renovation in 2024 further enhancing the property's appeal. Strategically positioned on a corner lot and zoned UC1 in the urban core, this property offers excellent visibility and accessibility within Kelowna's downtown high-rise center. Whether you're an investor seeking a lucrative income stream or an entrepreneur looking to establish a thriving business, this commercial gem presents opportunity to capitalize on the vibrant Kelowna market.

Date on Market:

2026-03-19