Retail Building for Sale near West Kelowna

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

West Kelowna Retail for Sale

This well-positioned mixed-use property offers a compelling investment opportunity in the heart of downtown West Kelowna. Located along a high-exposure corridor with seamless access to major routes, public transit, and essential amenities, the property serves as an income-generating asset with strong long-term growth potential. Zoned C1, it supports a broad variety of commercial uses—medical, legal, personal services, retail, food and beverage, and more—while providing flexibility for apartment or care facility redevelopment in a rapidly expanding market. The building spans approximately 2,680 sq. ft., featuring a main-level commercial suite and two updated residential units above, each equipped with in-suite laundry. Significant capital upgrades in 2019 include modernized plumbing, electrical system enhancement, two new furnaces, and newer A/C units, ensuring a low-maintenance profile. The owner’s willingness to lease back the commercial space at fair market rent creates an attractive stabilized income structure from day one. An owner-operator could benefit by occupying the commercial unit while securing residential rental revenue, or an investor could hold for cash flow and future redevelopment upside.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-05-08

Kelowna Retail for Sale

Date on Market:

2025-08-28