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Home BC Greater Kelowna Kelowna South Pandosy - KLO South Pandosy
3001 Tutt Street
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3001 Tutt Street $10,200,000
1 day ago
$10,200,000
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3001 Tutt Street
Kelowna, British Columbia V1Y2H4

MLS® Number: 10339760

Listing Description

This strategically located commercial building offers a unique investment opportunity in South Pandosy making it ideal for businesses looking to capitalize on visibility and accessibility. This 3 story building is 25,126 sq ft and it is currently leased for a variety of uses, including retail space, professional offices, primarily medical and engineering. Situated in the heart of South Pandosy Business District, offering easy access to major roads and public transportation. There are 48 dedicated parking spaces available on site, plus street parking. Located in a bustling commercial area with significant foot traffic and nearby amenities. Wheelchair accessible with elevators and ramps. This property provides excellent potential for long-term appreciation and stable rental income. With the area's rapid development and growing demand for commercial space, it's an ideal option for investors. The flexible zoning also provides the opportunity for various redevelopment projects up to 6 stories adding significant value to the property. Nearby Amenities include Shopping centers, restaurants, and cafes public transport options, medical facilities, Kelowna General Hospital, Kelowna College, schools, and professional services. Two blocks from Okanagan Lake and green spaces. Stabilized cap rate is over 5%. (38399427)

Property Summary

Property Type
Other
Building Type
Residential Commercial Mix
Neighbourhood Name
Kelowna South
Land Size
under 1 acre
Built in
1993
Total Parking Spaces
48
Time on REALTOR.ca
1 day

Building

Bathrooms
Partial
0
Parking
Total Parking Spaces
48

Measurements

Square Footage
25126 sqft

Land

Lot Features
Present Use
Mixed use
Other Property Information
Zoning Type
Commercial office
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6
Gordon Anton