Kelowna Real Estate Listings | View All
**LIMITED TIME OFFERING** Previously listed at $1,495,000; now offered at $1,350,000. PRICED TO SELL. Formerly a retail country goods store, 7851 Highway 97 blends rustic character and small-town appeal while offering the functionality needed for modern service commercial or retail businesses. This unique property offers 5,594 SF, including 4,024 SF on the main floor and a 1,570 SF mezzanine with an additional 2,360 SF covered section ideal for storage, outdoor display or weather-protected operations. Inside the building is an open retail area featuring two bathrooms, three change rooms and plenty of storage space, providing flexibility for a variety of layouts and uses. The site plan outlines unpaved parking for 26 vehicles, offering ample parking or yard space. The building features approximately 19' clear to the ceiling and 10' clear to the mezzanine, is equipped with 200 AMP 3 phase power and is serviced by a well water system. Zoned C-2 (Highway Commercial), this property allows for a broad range of uses including retail, service commercial, office and light industrial. This is an excellent opportunity for owner-operators seeking high exposure along Highway 97 at a tremendous value of $241 PSF OR for investors with $1.5M in supported value based on a 6% capitalization rate with market rents achieved. This presents an opportunity to establish or grow your business in one of the area’s fastest growing areas in the North Okanagan. (id:21321)
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA" MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
Multiple Listing Service (MLS) trademark® The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
