1607 Ellis Street, Kelowna, BC V1Y2A8
1607 Ellis Street, Kelowna, BC V1Y2A8
1607 Ellis Street, Kelowna, BC V1Y2A8
1607 Ellis Street, Kelowna, BC V1Y2A8
1607 Ellis Street, Kelowna, BC V1Y2A8
1607 Ellis Street, Kelowna, BC V1Y2A8
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$ 2,149,000
Est. payment | /mo

4,040 SqFt


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$ 2,149,000
Est. payment | /mo
Save

4,040 SqFt

Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 4040

Square Footage 4,040 sqft

Price per Sqft $531

Subdivision Kelowna North

MLS® Listing ID 10363326

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Freehold

Property Description

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. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Interior

Heating Forced air, Heat Pump, Other, See remarks

Cooling Central air conditioning, Heat Pump

Exterior

Parking Features No

Community Features High Traffic Area

View Y/N No

Roof Type Unknown

Attached Garage No

Garage No

Private Pool No

Building

Lot Description Level

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by Oakwyn Realty Okanagan-Letnick Estates
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With over 20 years of proven results, I’ve built a reputation as one of the Fraser Valley’s and Okanagans most trusted and successful Realtors. My clients know me for sharp negotiation skills, deep local expertise, and a relentless commitment to achieving the best outcomes—whether buying, selling, or investing.

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WHAT CLIENTS SAY:

"We hired Julie as our realtor and she always went above and beyond the call of duty for us.She found us the perfect place it took some time but she said be patient and she was right highly recommend Julie as a realtor." - WR
“Julie Pollard is an extremely knowledgeable and professional Realtor who puts the needs of her clients as her priority. She is well informed about the areas she serves which makes her best placed to advise people who may be new to the region and she is a fabulous negotiator. I highly recommend Julie to friends, family and anyone who is looking for honest upfront service." - SJ
“Julie is a professional. She brings years of experience.and along with her phonographic talent will make your property shine. I am very pleased to recommend her when selling your home! No one works harder!!" -SS

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