Kelowna Retail Spaces for Sale

Kelowna Retail Space for Sale

Banks Drug Stores Retail Buildings Grocery and Convenience Stores Auto Shops Storefront Properties Mixed Use Properties

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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1659 Water St

Kelowna, BC V1Y 8T8

Retail for Sale
$1,950,000 CAD
22,496 SF

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

Contact:

RE/MAX Kelowna

Date on Market:

2025-06-17

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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 5300 Main St, Kelowna, BC - Retail for Sale

Parallel 4 - 5300 Main St

Kelowna, BC V1W 0C1

Retail for Sale
$473,316 - $867,193 CAD
769 - 1,410 SF
3 Units Available

Kelowna Retail for Sale

Established in 1996, the Village of Kettle Valley is an award-winning, master planned community. Featuring walkable streetscapes, plentiful parks, extensive nature trails, panoramic Okanagan Valley views, and the amenities a family needs. For nearly two decades, people have been flocking to Kettle Valley, eager to be a part of the incredible, welcoming lifestyle that comes with it.

Contact:

HM Commercial Group

Date on Market:

2026-06-15

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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 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 3185 Via Centrale, Kelowna, BC - Hospitality for Sale

Borgata Lodge Resort - 3185 Via Centrale

Kelowna, BC V1V 2A7

Office/Retail for Sale
$529,000 CAD
1,500 SF
1 Unit Available

Air Conditioning

Kelowna Hospitality for Sale

This commercial unit at Borgata Lodge offers a rare ownership opportunity in Kelowna’s desirable University District, adjacent to the Quail Ridge and Bear Golf Course community. Spanning approximately 957 square feet, the property is well-suited for retail, office, or service-based businesses seeking a foothold in a vibrant mixed-use environment. The unit is currently vacant and ready for immediate occupancy, providing flexibility for customization to meet operational needs. Positioned within a resort-style setting, the property benefits from steady exposure to both local residents and seasonal visitors drawn to the area’s golf courses and nearby amenities. The University District continues to experience growth, supported by proximity to UBC Okanagan and Kelowna International Airport, which enhances connectivity for business owners and clients alike. This offering represents an attractive investment for owner-users or investors looking to capitalize on a high-demand location in the Okanagan market.

Contact:

Realty Monx

Property Subtype:

Hotel

Date on Market:

2026-03-04

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1200 Leathead Rd

Kelowna, BC V1X 2K4

Retail for Sale
$8,800,000 CAD
17,731 SF

Kelowna Retail for Sale

Positioned prominently at the corner of Leathead Road and Highway 97, 1200 Leathead Road offers a rare opportunity to acquire a high-visibility commercial asset in one of Kelowna’s most active retail corridors. This 17,731 square foot freestanding building sits on a generous 2-acre parcel zoned C-2 Vehicle Oriented Commercial, allowing for a wide range of uses including automotive, retail, and service-based businesses.

Contact:

JLL

Property Subtype:

Auto Dealership

Date on Market:

2025-10-09

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More details for 1187 Sunset Dr, Kelowna, BC - Retail for Sale

The Shoppes Water Street - 1187 Sunset Dr

Kelowna, BC V1Y 0J5

Retail for Sale
Price Upon Request
2,577 SF
1 Unit Available

Kelowna Retail for Sale

Positioned just steps from Okanagan Lake and Waterfront Park, ONE Water Street places businesses at the center of Kelowna’s vibrant downtown waterfront. The property benefits from immediate access to a dynamic mix of dining, shopping, arts, culture, and recreational amenities that attract both residents and visitors year-round. Anchored by 427 residential units and surrounded by established entertainment destinations, including Prospera Place, the development enjoys consistent pedestrian activity and community engagement. This premier mixed-use environment offers exceptional exposure within one of Kelowna’s most active and sought-after urban districts.

Contact:

North American Development Group

Date on Market:

2025-08-28

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1607 Ellis St

Kelowna, BC V1Y 2A8

Retail for Sale
$2,149,000 CAD
4,040 SF

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.

Contact:

Oakwyn Realty

Date on Market:

2026-03-19

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Retail Spaces for Sale in Kelowna

View All Available Listings

How many retail spaces are available for sale in Kelowna?

There are currently 10 retail spaces available for sale in Kelowna, offering a unique opportunity for businesses to establish a presence.

How big are the retail spaces available for sale in Kelowna?

The average size of retail spaces available for sale in Kelowna is about 5,191 SF. The largest retail spaces available to buy is 19,086 SF and the smallest is 769 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 retail spaces in Kelowna?

The average market cap rate for retail spaces for sale is about 5.00% based on data provided in Kelowna. Learn more about how cap rates are calculated.

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