1607 Ellis Street

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 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:58101)

Property Information

Property Type
Residential
SqUARE FOOTAGE
4040
 sqft
Structure Type
Residential Commercial Mix
LAND SIZE
0.09 acres
Roof Type
Other
Lot
Level lot, Corner Site
SEWER Type
Municipal sewage system
Parking Spots
0
stories
Floor Type

More Information

Security
View
Parking
Exterior
Stucco, Composite Siding, Concrete Block
Community
High Traffic Area
Common inTEREST
Listing Key
26692465
MLS ID
10308655
listing Office
Sage Executive Group Real Estate - Letnick Estates
listing Office key
290373
0
Beds
0
Baths
$
2999000

Virtual Tour

Contact

Heading

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Contact

Frank Buckland

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.