1607 Ellis Street, Kelowna, British Columbia V1Y 2A8

Listed for:
$2,168,000
0 beds
0 baths
Listed 150 days ago
Residential Commercial Mix for rent: 1607 Ellis Street, Kelowna, British Columbia V1Y 2A8

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Learn more about this property
Listing provided by:
Oakwyn Realty Okanagan-Letnick Estates
MLS® number:
10325041
Agent:
Jp Letnick
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About

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:27476)

Property Highlights

MLS® Number
10325041
Type
Other
Land Size
0.09 ac|under 1 acre

Building

Building Type
Residential Commercial Mix
Square Footage
4040 sqft
Amenities
Public Transit, Schools, Shopping
Exterior Finish
Concrete Block, Stucco, Composite Siding
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air, Heat Pump, Other, See remarks
Heating Fuel
Building Cooling Type
Central air conditioning, Heat Pump

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location