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Home BC Greater Kelowna Kelowna Glenmore - Clifton - Dilworth
1936 Summit Drive
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1936 Summit Drive $2,600,000
$2,600,000
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1936 Summit Drive
Kelowna, British Columbia V1V2P5

MLS® Number: 10338514

Listing Description

Located in Kelowna’s sought-after Dilworth Mountain area, this 2,531 SF freestanding strata CRU with one of the only drive-thrus in Glenmore presents an exceptional income-producing opportunity. Currently tenanted by DQ Franchisee, the property offers a stabilized Year 1 NOI of $107,482 and a cap rate of 4.13%. Zoned C2dt-rcs, the site supports a variety of uses, including drive-through and retail cannabis sales. Positioned minutes from downtown Kelowna and major retail centers, the location benefits from high traffic exposure and convenient access to key amenities. This prime asset combines stable cash flow with long-term upside potential in one of Kelowna’s most well-connected neighborhoods. (38354083)

Property Summary

Property Type
Retail
Building Type
Retail
Community Name
Hillside Plaza
Neighbourhood Name
Dilworth Mountain
Title
Strata
Land Size
under 1 acre
Built in
2017
Annual Property Taxes
$19,768.32
Time on REALTOR.ca
15 days

Building

Bathrooms
Partial
0
Building Features
Features
Corner Site
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Public Transit, Recreation, Schools, Shopping
Maintenance or Condo Information
Maintenance Fees
$1,212.28 Monthly

Measurements

Square Footage
2531 sqft

Land

Other Property Information
Access
Easy access, Highway access
Zoning Type
Commercial
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6
Jeff Hudson