131 Commercial Drive

131 Commercial Drive, Kelowna, BC V1X 4

  • For Sale $2,999,000
  • Property Type Industrial - Showroom - Industrial
  • Property Size 4,400 SF
  • Lot Size 0.47 Acre
  • Year Built 1994
  • Date Updated Mar 1, 2024
  • Office Area 4,400 SF
  • HVAC None
Embrace an unparalleled investment opportunity in the heart of Kelowna with this prime freehold, 4,400 square foot commercial real estate gem over a 0.47- acre flat site. Built in 1994, the structure, finishes and building systems have been well maintained by the owners. Centrally located near thriving industrial hubs at Reids Corner, this property offers unmatched convenience with excellent Highway 97 & 33 access and close proximity to the airport. With flexible C2 zoning and redevelopment potential. Serving as an outstanding holding property, it is further enhanced by high-quality commercial tenants secured under a new 3-year lease. Don’t miss your chance to own a piece of Kelowna’s flourishing commercial real estate, ripe with possibilities for both immediate income and future development. Secure your investment today!

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Attachments

Highlights

  • Excellent highway access
  • Fully landscaped
  • Visual exposure
  • Central HVAC
  • Well-maintained property
  • Holding income
  • Redevelopment potential

Contacts

broker

John-Erik Grain

Lee & Associates - Vancouver

(604) 630-3060

Location

Getting Around

  • Walk Score ®

    41/100 Car-Dependent

  • Transit Score ®

    49/100 Some Transit

  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Kelowna, BC
  • Neighborhood Reid's Corner
  • Postal Code V1X 4

Points of Interest

  • Mohawk Sexsmith

    0.20 miles

  • Esso

    0.25 miles

  • Husky

    0.68 miles

  • Petro-Canada

    1.81 miles

  • Esso

    1.82 miles

  • Petro-Canada

    1.84 miles

  • Chevron

    2.38 miles

  • North Glenmore Petrocanada

    2.59 miles

  • Tesla Supercharger

    2.77 miles

  • Canadian Tire

    2.77 miles

  • Parking Lot B

    1.54 miles

  • Parking Lot J

    1.56 miles

  • Parking Lot M

    1.68 miles

  • Parking Lot K

    1.71 miles

  • Parking Lot E

    1.73 miles

  • Parking Lot S

    1.73 miles

  • VIP Parking

    1.75 miles

  • Parking Lot G

    1.79 miles

  • Parking Lot F

    1.83 miles

  • Parking Lot H

    1.86 miles

  • McDonald's

    0.25 miles

  • Quiznos

    1.17 miles

  • Tang Dynasty

    1.18 miles

  • Triple-Os

    1.30 miles

  • Rocket

    1.67 miles

  • Sunshine

    1.70 miles

  • Memphis Blues

    1.77 miles

  • Domino's

    1.78 miles

  • A&W

    1.78 miles

  • Subway

    1.80 miles

  • IGA

    1.77 miles

  • Save-On-Foods

    1.85 miles

  • Cooper's Foods

    2.40 miles

  • IGA

    2.48 miles

  • Walmart Supercenter

    2.49 miles

  • Nesters Market

    2.61 miles

  • Home Outfitters

    2.61 miles

  • Urban Barn

    2.71 miles

  • FreshCo

    2.92 miles

  • Jysk

    3.07 miles

  • Rutland Community Police

    1.60 miles

  • Rutland Stn 3

    1.60 miles

  • Paragon

    1.82 miles

  • Kelowna Fire Hall #8

    1.83 miles

  • Shoppers Drug Mart

    1.86 miles

  • Save-On-Foods Glenmore Pharmacy

    2.37 miles

  • Station 61

    2.39 miles

  • Shoppers Drug Mart

    2.44 miles

  • Valley Medical Laboratories

    2.51 miles

  • Pharmasave

    2.59 miles

Frequently Asked Questions

What is the lease rate for 131 Commercial Drive?

Rental asking rate at 131 Commercial Drive is $1,499,500.00/YR.

What is the total square footage of 131 Commercial Drive?

131 Commercial Drive totals 4,400 square feet.

When was this property built?

131 Commercial Drive was built in 1994.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

John-Erik Grain

Lee & Associates - Vancouver

(604) 630-3060