1607 Ellis Street, Kelowna
- Living area: 4040 square feet
- Type: Commercial
- Added: 58 days ago
- Updated: 17 days ago
- Last Checked: 22 hours ago
Welcome to an exceptional opportunity in the bustling downtown district of Kelowna! This meticulously maintained building boasts a total of 4,320 square feet of leasable space, situated on a generous 4,040 square foot lot with an impressive 141 feet of prime street frontage. Featuring a diverse mix of five tenancies, this property offers a versatile layout suitable for various business endeavors. The ground floor encompasses 3,490 square feet of leasable space, while an additional 830 square feet are available on the upper level. This property has undergone recent upgrades. Notable improvements include the replacement of all three natural gas furnaces in 2022, installation of a new heat pump in November 2023, and replacement of Four AC units in 2022. Enjoy the convenience of triple net leases, covering all building expenses and ensuring a hassle-free owner experience. Among the esteemed occupants are renowned establishments located at 507, 511, 513A, 513B Lawrence Ave, and 1607 Ellis Street, with a recent restaurant renovation in 2024 further enhancing the property's appeal. Strategically positioned on a corner lot and zoned UC1 in the urban core, this property offers excellent visibility and accessibility within Kelowna's downtown high-rise center. Whether you're an investor seeking a lucrative income stream or an entrepreneur looking to establish a thriving business, this commercial gem presents opportunity to capitalize on the vibrant Kelowna market. (id:1945)
Property DetailsKey information about 1607 Ellis Street
- Roof: Other, Unknown
- Cooling: Central air conditioning, Heat Pump
- Heating: Heat Pump, Forced air, See remarks, Other
- Year Built: 1939
- Structure Type: Residential Commercial Mix
- Exterior Features: Stucco, Composite Siding, Concrete Block
Interior FeaturesDiscover the interior design and amenities
- Living Area: 4040
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 1607 Ellis Street
- Lot Features: Level lot, Corner Site
- Water Source: Municipal water
- Lot Size Units: acres
- Lot Size Dimensions: 0.09
Location & CommunityUnderstand the neighborhood and community
- Community Features: High Traffic Area
Business & Leasing InformationCheck business and leasing options available at 1607 Ellis Street
- Current Use: Mixed use
Utilities & SystemsReview utilities and system installations
- Sewer: Municipal sewage system
Tax & Legal InformationGet tax and legal details applicable to 1607 Ellis Street
- Zoning: Unknown
- Parcel Number: 011-636-912
- Tax Annual Amount: 21859.76
This listing content provided by REALTOR.ca
has
been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Nearby Listings Stat
Active listings
421
Min Price
$48,000
Max Price
$6,700,000
Avg Price
$962,429
Days on Market
92 days
Sold listings
111
Min Sold Price
$52,000
Max Sold Price
$3,599,000
Avg Sold Price
$864,116
Days until Sold
95 days