Thompson - Okanagan, BC Commercial Real Estate for Lease and Sale

Explore 57 listings of Thompson - Okanagan commercial real estate for lease and for sale to find the best space for your business.

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1462 St. Paul Street

1462 St. Paul Street , Downtown Kelowna, Kelowna, BC
Property

Office

10,000 SF
Availability

2 Spaces

2,043 SF
For Lease

$15.00/SF/MO
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1060 Manhattan Drive

1060 Manhattan Drive, North End - Highpoint, Kelowna, BC
Property

Office

12,987 SF
Availability

1 Space

6,283 SF
For Lease

$30.00/SF/MO
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2261 9 Avenue Southwest

2261 9 Avenue Southwest, Salmon Arm, BC
Property

VacantLand
For Sale

$2,250,000
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Spaces Innovation
Spaces
460 Doyle Ave, Kelowna, BC
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture

Receptionist/Secretarial services
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Clement Business Park

890 Clement Avenue,, North End - Highpoint, Kelowna, BC
Property

Retail

15,000 SF
Availability

1 Space

2,550 SF
For Lease

$27.00/SF/MO
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The Hub

3409 28th Avenue , Downtown Vernon, Vernon, BC
Property

Retail

1,005 SF
For Sale

$349,000
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The Hub

3409 28th Avenue, Unit #102, , Downtown Vernon, Vernon, BC
Property

Retail

30,000 SF
Availability

1 Space

1,005 SF
For Lease

$24.00/SF/MO
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170 Rutland Road North

170 Rutland Road North , Uptown Rutland, Kelowna, BC
Property

Office

8,000 SF
Availability

1 Space

336 SF
For Lease

$25.00/SF/MO
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TENANTED SINGLE-STOREY INDUSTRIAL BUILDING WITH REDEVELOPMENT POTENTIAL INDUSTRIAL DEVELOPERS AND INVESTORS

1505 Hardy Street, Dilworth, Kelowna, BC
Property

Industrial

21,540 SF
Year Built

1976
For Sale

$13,500,000
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Brand new industrial strata unit in Quail Ridge Business Centre located in Airport Business Park.

B190 2090 Peir Mac Way , Quail Ridge, Kelowna, BC
Property

Retail

45,000 SF
Availability

1 Space

2,947 SF
For Lease

$19.00/SF/MO
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1305 & 1315 Industrial Road

1305 & 1315 Industrial Road, West Kelowna Business Park, Kelowna, BC
Property

Industrial

17,387 SF
For Sale

$7,900,000
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Landmark
Regus
1631 Dickson Avenue Suite 1100, Kelowna, BC
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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511 Braid Street

511 Braid Street, Penticton, BC
Property

Multi-Family
Year Built

1963
For Sale

$2,000,000
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Unit 105 1925 Enterprise Way

Unit 105 1925 Enterprise Way , Landmark - Fisher North, Kelowna, BC
Property

Retail

25,000 SF
Year Built

2022
For Sale

$840,000
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ASSEMBLED RETAIL PROPERTIES 30TH AVENUE, VERNON, BC

3308 - 3310 30th Ave, , Downtown Vernon, Vernon, BC
Property

Retail

25,740 SF
Year Built

1960
For Sale

$999,000
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Spall Plaza

1950-2024 Harvey Avenue, Landmark - Fisher North, Kelowna, BC
Property

Retail

157,538 SF
Availability

1 Space

2,741 SF
For Lease Contact for pricing
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100 1465 Ellis Street

100 1465 Ellis Street, Downtown Kelowna, Kelowna, BC
Property

Office

15,000 SF
Availability

1 Space

1,695 SF
Year Built

1987
For Lease

$20.00/MO
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800 Fortune Drive

800 Fortune Drive, North Shore, Kamloops, BC
Property

Retail

25,713 SF
Availability

1 Space

25,713 SF
For Lease Contact for pricing
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131 Commercial Drive

131 Commercial Drive, Reid's Corner, Kelowna, BC
Property

Industrial

4,400 SF
Year Built

1994
For Sale

$2,999,000
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MULTI-BAY WAREHOUSE WITH OFFICE SPACE

1505 Hardy Street , Dilworth, Kelowna, BC
Property

Industrial

21,540 SF
Availability

2 Spaces

76,674 SF
For Lease

$2.75 - $18.50/SF/MO
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Quail Ridge Business Centre

2090 Pier Mac Way, Quail Ridge, Kelowna, BC
Property

Industrial

5,880 SF
Availability

1 Space

5,880 SF
For Lease

$19.00/SF/MO
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Link Academy

3226 Appaloosa Road, Reid's Corner, Kelowna, BC
Property

Industrial

54,857 SF
Year Built

2025
For Sale Contact for pricing
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101 2 Street East
Mountain CoLab
101 2 Street East, Revelstoke, BC
Services

Open Workspace

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

High-speed wifi

Kitchen
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460 Doyle Avenue
Accelerate Okanagan
460 Doyle Avenue #201, Kelowna, BC
Services

Meeting Room

Dedicated Desk
Amenities

Complimentary coffee & tea

Mail services

Privacy booths
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1979 Old Okanagan Highway
Big Bear Innovation Centre
1979 Old Okanagan Highway #305, Westbank, BC
Services

Open Workspace

Event Space

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

High-speed wifi

Parking

Printer

TV/Monitor

White boards

Window view
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129 Nanaimo Avenue West
Cowork Penticton
129 Nanaimo Avenue West, Penticton, BC
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

High-speed wifi

Projector

White boards
View Details (opens in new window)

Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Thompson - Okanagan commercial real estate market incorporates 52,326 square feet of office space across 7 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Thompson - Okanagan commercial real estate market includes 460,486 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Thompson - Okanagan market, there is a total of 256,736 square feet of industrial property.

The listing inventory in Thompson - Okanagan incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Thompson - Okanagan is represented by Industrial space, which accounts for 157,054 square feet of available listings. Retail space available in Thompson - Okanagan adds up to 59,345 square feet.

Meanwhile, most of the listings of commercial property for sale in Thompson - Okanagan are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Thompson - Okanagan is $238 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Thompson - Okanagan can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Thompson - Okanagan, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Thompson - Okanagan is in the Beaver Lake Road neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Kelowna area.

Meanwhile, retail space opportunities are most abundant in the North Shore submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Beaver Lake Road.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $324 per square foot.

The average size of a commercial property in Thompson - Okanagan depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Thompson - Okanagan, the average size of an office property is 7,476 square feet.
Retail properties here incorporate an average of 30,700 square feet.
Industrial space in Thompson - Okanagan is in buildings that are, on average 25,674 square feet in size.

Thompson - Okanagan, BC Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Thompson - Okanagan currently add up to 894,424 square feet. The market offers 7 active office listing(s), which amount to 12,362 square feet and account for 30% of commercial spaces on the market. Local retail availability includes 62,025 square feet across 9 retail space(s). Industrial space for rent opportunities in Thompson - Okanagan amount to 157,054 square feet across a total of 6 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	7	12,362
Retail	9	62,025
Industrial	6	157,054
Other	1	662,983

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Thompson - Okanagan, BC. Currently, there is 276,478 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 9 retail investment opportunity listing(s) , and 5 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	3,477
Retail	9	76,306
Industrial	5	132,184
Other	11	64,511

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Thompson - Okanagan, BC Commercial Real Estate for Lease and Sale

1462 St. Paul Street

1060 Manhattan Drive

2261 9 Avenue Southwest

Spaces Innovation

Clement Business Park

The Hub

The Hub

170 Rutland Road North

TENANTED SINGLE-STOREY INDUSTRIAL BUILDING WITH REDEVELOPMENT POTENTIAL INDUSTRIAL DEVELOPERS AND INVESTORS

Brand new industrial strata unit in Quail Ridge Business Centre located in Airport Business Park.

1305 & 1315 Industrial Road

Landmark

511 Braid Street

Unit 105 1925 Enterprise Way

ASSEMBLED RETAIL PROPERTIES 30TH AVENUE, VERNON, BC

Spall Plaza

100 1465 Ellis Street

800 Fortune Drive

131 Commercial Drive

MULTI-BAY WAREHOUSE WITH OFFICE SPACE

Quail Ridge Business Centre

Link Academy

101 2 Street East

460 Doyle Avenue

1979 Old Okanagan Highway

129 Nanaimo Avenue West

Frequently Asked Questions

Thompson - Okanagan, BC Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Thompson - Okanagan, BC Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Thompson - Okanagan, BC?

What factors affect the price of commercial real estate in Thompson - Okanagan, BC?

What is the average rent for commercial space in Thompson - Okanagan, BC?

What are the best areas for commercial real estate in Thompson - Okanagan, BC?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Thompson - Okanagan, BC?

Thompson - Okanagan, BC Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

About us