Fantastic Downtown Investment: Prime P2 Zoned Property with Immediate Income! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property is a developer's dream. Currently undergoing an update for the lower suites, main floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. It delivers an immediate return as a currently licensed, operating 12-room, 40-bed hostel with a proven revenue history prior to COVID-19. The real value lies in its exceptional versatility: P2 Zoning: Highly flexible, permitting high-demand applications like supportive housing, health services, private clubs, and diverse business ventures. Significant growth opportunities, including potential for OPC multi-family residential development. Secure your future in Kelowna’s core—this is the definitive opportunity to capitalize on a property with both turnkey income and unparalleled development flexibility. (id:58301)
Re-zoned and ready to develop! APPROVED DEVELOPMENT PERMIT in place with plans for a 36 UNIT, 2-storey boutique Long term care facility! RARE opportunity- Lake Country’s growing population and no long term care facility make this a high-demand, high-impact project with strong future returns. Full architectural plans and exterior renderings available. All the heavy lifting has been done to get this ready for development. Building Covenants removed, phase 1 Environmental assessment done, rezoned for P2 zoning offers multiple options, i.e. medical treatment services, health services, care centers, food or liquor primary establishments etc. FAR of 2, with 50% site coverage. Situated on 0.61 acres in a prime location in Lake Country, close to Turtle Bay, Wood Lake, 12 min to the airport. Existing house in great shape for rental income of approx. $3000/m, until you start developing the land. Home has 3 bedrooms & 3 bathrooms, 2000 sq. ft. rancher with shed and lots of parking. Everything is ready for a savvy investor/group to step in and capitalize on this property with projected income available. Call Stephanie for full details and income projections. Easy to show. (id:58301)
Cap Rate: 6.5+% - This 10,392 sq. ft. two-storey building its on a fully fenced 0.5-acre site and includes commercial/retail space, office areas, residents and a secure storage facility. The second floor is partially improved for office use and staff accommodations. Offered at a 6.5%+ CAP RATE Steel and wood construction with ICF foundation, Metal/stucco exterior with torch-on roofing (2019), 400 Amp power, HVAC, and copper plumbing, Secure key fob access, video surveillance, motion sensors, Large fenced yard with 85 self-storage units and one 24'x25' oversized unit. Great opportunity for investors or owner-occupiers looking for cash flow, expansion space, or redevelopment potential. This well-located industrial property in Penticton offers a unique opportunity to acquire a mixed-use, income-generating asset in the heart of an established industrial district. Property only, business not for sale. (id:58301)
23 Private Acres | Dual Titles | Swan Lake Views | C.R. Zoning + ALR | Minutes to Vernon A rare chance to own a highly versatile 23 acre property just minutes from town, offering privacy, elevated Swan Lake views, and valuable infrastructure already in place. Set back from the road and surrounded by natural landscape, this unique holding combines seclusion, convenience, and outstanding potential. Property Highlights: • 23 acres across 2 separate titles • Country Residential zoning + located in the ALR • 600 amp electrical service • Municipal agricultural water supply • Domestic water available at lot line • New septic system installed • Renovated 4,500+ sq.ft. main building • 1,250 sq.ft. secondary building / production space This is not raw land the property is improved with meaningful infrastructure that can save years of time and substantial development costs compared to many vacant acreage parcels. Ideal for a private estate, hobby farm, agricultural venture, home-based business, or long-term land investment. Enjoy the rare combination of space, privacy, views, and proximity to Vernon’s shops, schools, and amenities. Large acreages this close to town with two titles, services, and existing buildings are increasingly hard to find. Full property package available upon request. (id:58301)
Quality office/retail space available in Dougall Park, a three storey, mixed-use building with commercial units on the street level and two floors of residential above. Unit 102B totals 916 SF with a reception area, 3 individual offices, staff area with kitchenette and washroom. Unit features mixed flooring of tile, carpet and lino, T-bar ceiling, large street facing window & glass door. Unit fronts Froelich Road, just off Dougall Rd N, one block north of Hwy 33 in the Rutland Urban Centre. Clean and ready for immediate occupancy. (id:58301)
Priced below professional appraisal! Prime commercial investment in the heart of Grand Forks! This two-storey, 10,700+ sq.ft. building with full basement sits on a high-visibility corner lot along Central Avenue. Features seven leasable units, elevator access, and extensive modern renovations. Current tenants provide a strong and diversified income stream. Zoned NC (Neighbourhood Commercial) with flexible permitted uses. CAP rate 5.5%* and excellent potential for both investors and owner-operators. Well-maintained and ideally located along the highway! (id:58301)
Opportunity to obtain an extensively renovated multi-tenanted mixed-use investment property, featuring Commercial on the Main Floor and 10 Residential units above. Constructed circa 1960s and extensively upgraded in the last 5 years. The main floor retail unit totals approximately 9,577 sq. ft. and is fully leased to Fields Store under a new 5-year term effective November 2024. The second-floor residential units were upgraded in 2021. Situated on an approx. 13,024 sq. ft. C2-Central Business zoned lot. Offered at an attractive CAP rate of 7.02% on the asking price, with a solid tenant mix, makes this a smart investment for the future. (id:58301)
This mixed-use property features 776 sq. ft. on 2nd floor office/retail space suitable for various professional uses and direct access from the rear laneway. The unit was previously used as nail spa and have water sink. Situated in the highly desirable Landmark District, the property provides one dedicated on-site parking stalls (could be possibly 2 with additional cost), excellent signage opportunities, and exposure along a high-traffic corridor. The building is currently occupied by professional tenants and benefits from its central location with convenient access to Highway 97 and Springfield Road. The premises are available immediately. Gross rent includes power and gas. (id:58301)
Opportunity to lease 2,008 sf of office/retail space located in one of downtown Penticton’s most prominent buildings. This unit is fully built out and features enclosed offices and abundant natural light. Exterior signage opportunities facing the notable intersection of Main Street and Wade Avenue. Available immediately. (id:58301)
PRIME 2,032 sq. ft. Commercial Space in the Highly Coveted Powerhouse Development – Downtown Kelowna. Position your business in the heart of Kelowna’s vibrant urban core! This VACANT 2,032 sq. ft. commercial unit is ideally located along high-traffic Clement Avenue, surrounded by established businesses & nonstop activity. Boasting exceptional storefront exposure & excellent signage opportunities, this is the perfect location to elevate your brand. The main floor offers approximately 1500SF of versatile space enhanced by 22 ft. clear ceiling height, creating an impressive & spacious atmosphere. Additional features incl. a 10' x 12' grade-level overhead door at the rear for easy loading, an in-unit bathroom & a 500SF open mezzanine ideal for office use, storage, or expansion of your retail/industrial footprint. Enjoy convenience w/2 dedicated parking stalls plus ample additional parking. Steps away from Kelowna’s best amenities, incl. entertainment venues, recreation, Waterfront Park & a wide array of popular dining destinations. Zoned I4 Central Industrial, this space accommodates a wide range of uses, incl. professional offices, business support services, financial & government services, food & health services, retail liquor sales, retail stores & commercial schools. Whether you're launching a new venture or expanding an established brand, this exceptional location offers the visibility, accessibility & energy a business needs to thrive. (id:58301)
Located in the heart of Kelowna’s vibrant downtown core, this exceptional leasing opportunity offers up to 2,765 square feet of versatile space at Bernard Place, which includes approximately 1,800 square feet of newly built-out retail area facing busy Bernard Avenue. There also happens to be an additional 965 square feet of warehouse space available with a rear bay door that can be utilized and negotiated as a separate agreement. The unit features modern finishes and a bright, contemporary design that complements the energy of its surroundings. Situated amidst some of Kelowna’s most recognizable retailers, including lululemon, Fjallraven, and Arc’teryx, the property benefits from exceptional foot traffic and strong visibility, supported by ongoing downtown revitalization and nearby residential and commercial developments. Just blocks from Okanagan Lake, and steps to restaurants, parks, and the cultural district, Bernard Place offers an unbeatable location for retailers seeking a high-profile downtown presence. Available for immediate possession. (id:58301)
Two strata lots available comprising the majority upper floor of the mixed use Williams Centre at KLO & Benvoulin Rds. Elevator serviced and finished to high standards throughout, owner occupied, vacant possession offered with time flexibility. Together or separate: Unit 8 is finished to residential unit standards and features reception, boardroom, 3 large offices, lounge and washroom with shower. Unit 9 features DIRTT modular workplace demising system, 8 offices and large boardroom. Lit with windows from all sides, these two strata lots offer the opportunity for a discerning firm to own their own prestigious and conveniently located workplace. Ample parking on site. Mechanic, Daycare & Deli on site. (id:58301)
Two strata lots available comprising the majority upper floor of the mixed use Williams Centre at KLO & Benvoulin Rds. Elevator serviced and finished to high standards throughout, owner occupied, vacant possession offered with time flexibility. Together or separate: Unit 8 is finished to residential unit standards and features reception, boardroom, 3 large offices, lounge and washroom with shower. Unit 9 features DIRTT modular workplace demising system, 8 offices and large boardroom. Lit with windows from all sides, these two strata lots offer the opportunity for a discerning firm to own their own prestigious and conveniently located workplace. Ample parking on site. Mechanic, Daycare & Deli on site. (id:58301)
Two strata lots available comprising the majority upper floor of the mixed use Williams Centre at KLO & Benvoulin Rds. Elevator serviced and finished to high standards throughout, owner occupied, vacant possession offered with time flexibility. Together or separate: Unit 8 is finished to residential unit standards and features reception, boardroom, 3 large offices, lounge and washroom with shower. Unit 9 features DIRTT modular workplace demising system, 8 offices and large boardroom. Lit with windows from all sides, these two strata lots offer the opportunity for a discerning firm to own their own prestigious and conveniently located workplace. Ample parking on site. Mechanic, Daycare & Deli on site. (id:58301)
High-Profile Corner Investment Property. Exceptional opportunity to acquire a prominently positioned commercial building fronting both Okanagan Avenue and Camrose Street. This property has undergone extensive renovations over the past four years, with reported improvements totaling approximately $1.2 million. Offering 33,784 square feet of gross leasable area on a flat 0.68-acre parcel, this M1-zoned (Mixed Urban Centre Commercial) property accommodates a strong and diverse mix of commercial and light industrial tenants. The current tenant roster provides a stable and diversified income stream, effectively mitigating risk for an investor. Additional highlights include 18 on-site parking stalls, an elevator, and accessible washrooms, ensuring convenience and compliance for all occupants. A true armchair investment, this is a turnkey asset in a prime location with significant capital improvements already completed. (id:58301)
Court Ordered Sale Capture the untapped potential of this expansive 24,000+ sq ft property, a prime investment opportunity that’s already cash flow positive. Anchored by a secure 4-year government lease for a portion of the property, this building ensures stable income while offering partially renovated areas ready for completion to boost future revenue. With a compelling 9.3% CAP rate*, this property is a rare find for investors seeking strong fundamentals and room for strategic growth. Don’t miss this chance to invest in a sizable asset with immediate returns and long-term value. (id:58301)
Contemporary lease space in the heart of Downtown Penticton. Spaces range from 1163 sq ft to over 8,000 sq ft. The main area is currently set up as office space but could be utilized in many different ways. The main space has a modern design & layout with 7 spacious offices & large collaborative work areas as well. Large windows make the space bright with natural light. The space also boasts efficient & contemporary LED light fixtures. Fabulous location on Main Street across from banks & other prime business buildings. This building has great curb appeal for both employee retention & clients alike. Landlord can be flexible in regard to improvements with qualified tenants. Call today for more information. (id:58301)
Marshall Business Centre. Corner Unit, a smaller unit at 2178 sq ft. Lots of customer parking in the front. Quick possession available. Landlord prefers clean businesses, vs. manufacturing. Call Gord @ 250 212 5545 (id:58301)
DEVELOPER ALERT: A rare 2.35-acre development levelled site in the Okanagan Landing area, surrounded by established neighbourhoods, new residential growth and key community amenities. Approved for 23 single-family homes with suites, or 46 duplex units. This site also has potential for up to 60 townhomes or multi-family units under MUA zoning, subject to City approval. Stomwater, water, and sewer services have been extended to the area (Phase 2) from Okanagan Landing Road, helping to reduce off-site requirements. Additional servicing access available via the 7000 Apollo Rd Subdivision. Walking distance to schools, parks, playgrounds, transit, and multi-use pathways. Minutes from groceries, fitness centers, Elementary and High School, Kin Beach, Paddwheel Park, Marshall Fields, Boat Launches and commercial amenities. An exceptional opportunity in one of Vernon's most desirable corridors that offers outstanding lifestyle appeal and substantial long-term value. (id:58301)
This rare MF4-zoned lot offers one of the most strategic development locations in all of Kelowna. Positioned just two doors from Kelowna General Hospital and directly on a major Transit Supportive Corridor, this property allows for up to 6 storeys of residential construction under current zoning, with future C-HTH Hospital District land use adding even greater long-term potential. Surrounded by medical services, professional offices, transit, beaches, and South Pandosy amenities, this site sits in one of the highest-demand pockets in the city—an ideal location for purpose-built rentals, medical-oriented housing, or mixed-use development. Flat, accessible, and perfectly situated for density, this is truly one of the best infill lots remaining near KGH. A rare chance to secure a premier development piece in the heart of Kelowna’s fastest-evolving urban district. *Court ordered Sale** The property is being purchased “as is - where is” as of the time of actual possession. (id:58301)
Unlock the full potential of urban living and investment with this prime 0.16-acre corner lot, ideally located and zoned MF1 with approved plans for a five-plex (5 townhomes). This property offers a rare combination of development readiness, flexible design, and unbeatable proximity to Kelowna’s most desirable amenities. With 66.7% site coverage & thoughtfully designed layout, approved plan includes five units: Unit #1 fronting Ethel Street with rear-lane access, #2 & #3 also fronting Ethel Street, #4 & #5 fronting Morrison Avenue & Ethel Street. 5 dedicated parking stalls, bike parking & three-storey build potential, a configuration perfectly tailored to today’s rental and resale markets. Current 3 beds 2 baths home is a great rental, offers generous outdoor areas ideal for private yards and garden, with dual vehicle access from both the street frontage and the rear laneway, extra room for RV/camper parking. Located just steps from the active transportation corridor on Ethel Street and minutes from KGH, Pandosy Village, Highway 97, Okanagan College, Guisachan Village, and Kinsmen Park, this site promises long-term value in one of Kelowna’s fastest-growing urban pockets. Whether you’re an investor seeking a strategic holding property, a builder looking for a shovel-ready multi-family project, or a visionary developer aiming to create sought-after urban homes, this lot represents an exceptional opportunity to shape the future of central Kelowna living. (id:58301)
High-yield commercial investment offering an 8%+ cap rate in the heart of Oliver BC. This rare C3-zoned property at 310 Co-op Ave delivers nearly 50,000 sq ft of versatile commercial space plus a large fenced yard, ideal for industrial, warehouse, retail, and multi-tenant operations. With three of four units currently leased, this building provides steady income with significant upside as the remaining space is filled. The expansive layout, high-exposure frontage, and ease of access for large vehicles make it a sought-after site for a wide range of commercial users. Located in the vibrant South Okanagan, just minutes from major transportation routes and the U.S. border, this property sits in a growing business corridor with strong long-term demand. A standout opportunity for investors seeking stable cash flow, growth potential, and a hands-off commercial asset in a business-friendly communities. (id:58301)
STABLE 5.7% CAP RATE – CENTRAL INVESTMENT PACKAGE. Secure a high-performance multi-family asset in a premier rental market. This offering features a well-maintained 16-unit apartment building (173 Wade Ave W), recently upgraded with a new roof, and the adjacent property (157 Wade Ave). Sold together for $2,775,000, this side-by-side assembly provides immediate operational efficiency and significant scale. With steady rental income already in place and a central location steps from transit, shopping, and amenities, this is a blue-chip addition to any portfolio with exceptional long-term growth potential. (id:58301)
This is your chance to have space for your own Farm Market/Fruit Stand. This location gives you high traffic Highway 97, Summerland location. Bring your creative ideas and run a seasonal Fruit Stand and Farm with the Orchard on site. The building has spacious cold storage, with store front doors. A good size commercial kitchen, 3 head slush machine, full size convection oven, soft serve ice cream machine, hard Ice Cream Dipping Cabinet 6, cooled display shelve, Panini Press, Double waffle Cone Maker, stainless chilled Sandwich Table, Garden patch fully irrigated and much more! Oversize parking lot for RV's and guests. Run the business of your dreams in the beautiful Okanagan. Assest/Equipment Sale. Lease with land/building owner needed for the buyer. (id:58301)
