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Greater Kelowna
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Westbank Centre
2437 Main Street
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2437 Main Street $1,400,000
$1,400,000
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2437 Main Street
West Kelowna, British Columbia V4T2H8

MLS® Number: 10358694

Listing Description

Exceptional opportunity to purchase a fully tenanted income producing two storey commercial building in Downtown West Kelowna. Priced at a 5.70% cap rate. Two ground floor commercial units and 2 residential units. The ground floor units total 1,675 SF. The two residential units are a 2-bed/2-bath unit and a 1-bed/1 bath unit which total 1,675 SF on the second floor. Residential units have recently been painted, and the 1-bedroom unit has had new flooring installed.8 parking spots at the rear of the building. High traffic location in West Kelowna’s busiest retail corridor, seeing approximately 15,000 cars passing each day. High visibility with frontage on Main Street/Highway 97 and positioned just 2 blocks from the city’s transit exchange centre. Building square footages are approximate and would require verification if important. C1 – Medium Density Commercial Zone with zoning allowing up to 19 storeys. Data room and leasing information available with signed NDA. (39074588)

Property Summary

Property Type
Other
Building Type
Residential Commercial Mix
Neighbourhood Name
Westbank Centre
Land Size
0.14 ac|under 1 acre
Built in
1946
Annual Property Taxes
$6,546
Parking Type
Rear
Time on REALTOR.ca
126 days

Price and Sale History

Date Status Price
Oct 24, 2002 Sale Closed $295,000

Building

Bathrooms
Partial
0
Building Features
Features
Level lot
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Public Transit, Park, Schools, Shopping
Parking
Parking Type
Rear
Total Parking Spaces
8

Measurements

Square Footage
3350 sqft

Land

Lot Features
Landscape Features
Level
Present Use
Mixed use
Other Property Information
Access
Easy access, Highway access
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250-575-2943
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Unison HM Commercial Realty
100-730 Vaughan Ave
Kelowna, British Columbia V1Y7E4
250-712-3130
236-766-1697
Will Pigott