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

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 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 Land for Sale

RARE 5.6 ACRE INDUSTRIAL OPPORTUNITY. A turnkey industrial package in the heart of the West Kelowna Business Park. Potential for rezoning and redevelopment, very rarely do these large west Kelowna FREEHOLD properties come available. This offering includes three properties, 1304, 1320 and 1334 Industrial Road, currently operating as Trans Canada Lumber Inc and Trans Canada Truss Inc. The sites collectively span approximately 5.6 acres, with I1 and C4 zoning. Together they feature around 40,000 sq ft of building space and have had substantial upgrades, including new electrical, updated plumbing and roofs. Included is roughly $3 million in inventory, covering everything from in-store product and lumber to trucks, forklifts, tools and equipment. It’s a rare chance to acquire a fully established industrial operation with seamless integration from lumber supply to prefabricated trusses. The properties offer excellent access from both Stevens Road and Industrial Road, positioned in one of West Kelowna’s most active commercial zones. Perfect for investors or operators looking for significant land, infrastructure and a long-standing business in one comprehensive purchase.

Property Subtype:

Commercial

Date on Market:

2026-05-21

West Kelowna Land for Sale

1975 Shannon Lake Road offers an outstanding opportunity to acquire a BP-ready townhouse development site in the thriving West Kelowna market. Spanning approximately 3.88 acres, this fully serviced parcel is the final two phases of a three-phase project and is designed for 70 townhouse units. The site benefits from complete onsite and offsite servicing and is fully entitled with a Development Permit already issued, providing a highly advantageous timeline for construction commencement. The proposed site plan accommodates well-designed units featuring functional layouts, with an average unit size of 1,682 square feet and expansive rooftop decks in select homes to capture remarkable valley and mountain views. Located just minutes from Highway 97, the property offers exceptional connectivity to central Kelowna and is less than a 25-minute drive to Kelowna International Airport. Surrounding amenities include Shannon Lake Golf Course, numerous wineries, grocery stores, schools, and recreational destinations, all contributing to strong demand for modern residential offerings in this location. With critical development milestones met, the land is positioned to streamline the path from acquisition to vertical construction, minimizing risk and accelerating revenue realization for investors and developers.

Property Subtype:

Residential

Date on Market:

2026-05-18

West Kelowna Industrial for Sale

Brand new industrial strata unit offering 2,461 SF at Kyle Road Business Park in West Kelowna. Unit 105 features 28’ clear ceiling height, a 10’ x 14’ grade-level overhead door, and a functional warehouse footprint with a built-out mezzanine, providing excellent flexibility for storage, light manufacturing, or service commercial users. The unit is equipped with 200-amp, 3-phase power, ESFR sprinklers suitable for high-piled storage, polished concrete floors, and an accessible ground-floor washroom. Constructed with insulated precast concrete panels, energy-efficient LED lighting, and I1 zoning, the property is designed for efficient operations and long-term ownership. Strategically located near Highway 97 with easy access for deliveries and staff, this is an ideal opportunity for owner-occupiers or investors seeking modern industrial space with immediate occupancy.

Property Subtype:

Showroom

Date on Market:

2026-04-27

West Kelowna Land for Sale

Situated within the growing McKinley Beach community, this 0.71-acre parcel offers a rare opportunity to secure a prime development site in one of the Okanagan’s most desirable and fastest-growing locations. Zoned CD18 (McKinley Beach), the property is ideally suited for high-end multi-family or hospitality development and comes with an approved development permit for multi-family in place. McKinley Beach combines natural beauty and premium lifestyle amenities with a fully development-ready site, making it one of the most attractive build-ready opportunities in the Okanagan. For more details on the development permit and additional information about the site, please contact the listing agents.

Property Subtype:

Residential

Date on Market:

2026-04-10

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

West Kelowna Industrial for Sale

Property Subtype:

Warehouse

Date on Market:

2025-09-04

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 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 Retail for Sale

256,863 SF GROCERY-ANCHORED OPEN-AIR SHOPPING CENTRE

Property Subtype:

Freestanding

Date on Market:

2026-05-19

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