525 -527 Lawrence Avenue

PRIME DOWNTOWN INVESTMENT or OWNER-USER OPPORTUNITY 4,745 sq. ft. of versatile commercial space over 2 equal levels in Kelowna's most sought-after area, the Downtown Core. UC1 zoning accommodates a broad range of commercial uses (professional offices, retail & service businesses, health or wellness operations, main floor restaurant & multi-tenant leasing for investment income) plus potential future high-rise development. The property sits on a 3,595 sq. ft. lot with dedicated laneway parking & ample on-street parking. Positioned in the heart of the vibrant downtown, the location offers strategic advantages: high pedestrian & vehicle traffic counts; walking distance to the waterfront, cultural district, shops, dining, beaches & parks; highly sought-after dedicated parking; & central access to transit & major routes. The balanced floorplates (2,372sf per level) add flexibility for multiple tenancies or reconfiguration while keeping ownership & management simple under one title. The vacant, spacious lower level has a 1753 sf open area. The upper level is a separate civic address (525 Lawrence) but on the same legal title. Once used as offices & a separate tattoo studio, it has dedicated front & rear entrances. The prime location, dedicated parking, lane access, mixed-use zoning & dual addresses are an ideal non-stratified opportunity to add value & establish a presence in the thriving downtown core of Canada’s fastest-growing city. Call to view -- Bring and build your ideas! (id:58842)

Property Information

Property Type
Residential
SqUARE FOOTAGE
4745
 sqft
Structure Type
Residential Commercial Mix
LAND SIZE
0.08 acres
Roof Type
Lot
Level lot
SEWER Type
Municipal sewage system
Parking Spots
3
stories
Floor Type

More Information

Security
View
Parking
Rear, Street
Exterior
Brick, Wood siding
Community
High Traffic Area
Common inTEREST
Freehold
Listing Key
28826097
MLS ID
10361812
listing Office
listing Office key
47837
0
Beds
0
Baths
$
1550000

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Dawson Yates

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