Commercial Plaza for Sale Kelowna

Kelowna, British Columbia

Asking Price: Annual Revenue:
$3,695,995 Not Disclosed

Commercial Real Estate: Land

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RE: Commercial Plaza for Sale Kelowna Broker: Steve Harvey

Quick Facts

Asking Price: $3,695,995
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 749649055
Broker Reference #: Not Disclosed

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Business Overview:

Listing Type Commercial Real Estate
Price: $3,695,995
CAP Rate: 5.67%
Land Area: 1.43 acres
Building Area: 15,000 square feet
Zoning: CD12-airport
Type of Sale Call for details
Business Description
1. Kelowna YLW Plaza. $3,695,995 - 5.67% CAP RATE, 1.43 acres
This is a development play. Approved further to add car wash, detail shop and 2-3 storeys building to 15,000sf+ (zoning CD12)

City leased land until 2054 with renewals in 20 year increments.

This building is only two years old, exclusive to the Kelowna Airport with Three National Tenants.

The Kelowna Airport is the 10th busiest airport in Canada with over 2 million passengers. Every car that goes to the airport or exits the airport must drive by this Plaza.

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Property Features and Assets:

4800sq building with an upto addition 15,000 square feet available to build situated on 1.43 acres at the Kelowna Airport. Zoned CD 12 allowing for carwash, detail shop, automotive, commercial office space, retail and many other opportunities.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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