Commercial Properties for Sale in West Kelowna

West Kelowna Specialty for Sale

2429 Drought Road offers a rare ownership opportunity in the heart of West Kelowna, a vibrant and growing Okanagan community. Situated on approximately 0.24 acres, this property features a ±2,650 square foot commercial building with a full basement, complemented by a separate standalone residential structure. Extensive on-site parking provides flexibility for both staff and visitors, enhancing operational convenience.

Date on Market:

2026-06-25

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

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

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!

Date on Market:

2026-07-14

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.

Property Subtype:

Apartment

Date on Market:

2026-06-26

West Kelowna Retail for Sale

Outstanding opportunity to acquire a .365-acre commercial property on Main Street in the heart of the Westbank Commercial Core. The property is flat, rectangular in shape, has about 90 FT of prime frontage along the Highway 97/Main St corridor and has a depth of about 180 FT. There isa stand-alone, multi-unit commercial building on the street-front of approximately 4,012 SF. This is an ideal opportunity for an owner-occupier, one who have interest in occupying a unit while holding onto a tenant to add a component of income to the purchasing equation. Paved parking area to the side and rear of the building. Zoned C1 – Medium Density Commercial Zone allowing a wide variety of primary uses. There is redevelopment potential with a current FAR of .25, while C1 zoning allows a FAR of 1.5, a maximum height of up to 4 storeys and a site coverage of 100%. West Kelowna has established plans for the revitalization of Westbank’s commercial core making this property a good candidate for potential redevelopment or assembly with neighbouring properties.

Date on Market:

2026-06-22

West Kelowna Industrial for Sale

Rare opportunity to purchase a 13,106 SF standalone cold storage warehouse on a 1.46-acre corner lot.

Property Subtype:

Warehouse

Date on Market:

2026-06-15

Westbank Industrial for Sale

Cushman & Wakefield ULC is pleased to present a rare opportunity to acquire a well anchored multi-tenant service commercial investment property in the heart of West Kelowna’s commercial corridor. Located at 2374 Berling Road, this 16,223 square feet building is situated within a well-established node and offers a compelling combination of stable in-place income and upside potential. Held under a 99-year leasehold interest expiring in Dec 2107, this asset delivers long-term security in a market characterized by limited supply of small-bay product. Opportunities to acquire commercial properties with strong tenancy profiles and secure income in West Kelowna are increasingly scarce, making this an attractive offering for investors seeking cash flow with growth potential.

Date on Market:

2026-06-03

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

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.

Property Subtype:

Apartment

Date on Market:

2026-05-14

West Kelowna Industrial for Sale

Exceptional industrial ownership opportunity in the sought-after Kyle Road Business Park in West Kelowna. These brand-new strata units are ready for immediate occupancy and designed to accommodate a wide range of industrial operations. Owners and investors will appreciate the superior construction quality with insulated precast concrete panels and modern glazing that ensures long-term durability and a contemporary aesthetic. Each unit has been thoughtfully engineered for functionality and scalability. Features include 28-foot clear ceiling heights to optimize vertical storage, ESFR sprinklers for high-piled storage suitability, and polished concrete floors for durability and ease of maintenance. For operational efficiency, the units provide 200-amp, 3-phase power, independently metered gas with ceiling-mounted unit heaters, and rough-in for a future rooftop HVAC system. Energy-efficient LED lighting and an accessible ground-floor washroom enhance usability, while the inclusion of a 12’ x 14’ grade-level overhead door and dedicated on-site parking ensures seamless logistics. Ideal for owner-users or investors seeking a low-maintenance, high-quality industrial product, these units offer scalability with optional combinations up to 20,000+ square feet. The location also provides excellent connectivity to major thoroughfares, serving as a strong hub for distribution and regional operations.

Date on Market:

2026-04-27

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 Land for Sale

Large-scale single-family development land in Glenrosa, one of West Kelowna's fastest-growing residential communities. This 17.05-acre site features sloped terrain ensuring lake views for all completed lots. Approximately 4.5-acres are zoned RU4 with potential to rezone to R1 to increase lot count. Gravel roads already in place and concept plans completed. Close to schools, shopping, and Highway 97. Majority of servicing at or near the lot line. (See private remarks for more detail)

Property Subtype:

Residential

Date on Market:

2025-10-16

West Kelowna Industrial for Sale

Property Subtype:

Warehouse

Date on Market:

2025-09-04

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

Kelowna Land for Sale

Opportunity to acquire a well located 1.6 acre site in Kelowna’s Lower Mission area. The site is perfectly situated with a short walk to the beaches and parks of Okanagan Lake and steps away from shopping and amenities on Lakeshore Drive.

Property Subtype:

Commercial

Date on Market:

2024-06-11

Westbank Retail for Sale

Anchored by a 172,000 SF Walmart on a quadruple net lease and complemented by London Drugs, CIBC, and other national and international retailers, the center combines a best-in class tenant mix with powerful daily-needs retail draws. This makes the Subject Property one of the region’s most dominant open-air retail centers, generating stable, resilient cash flow.

Property Subtype:

Freestanding

Date on Market:

2026-05-19

Kelowna Retail 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