$ 2.239.000

1607 Ellis Street, Kelowna

  • Living area: 4040 square feet
  • Type: Commercial
  • Added: 40 days ago
  • Updated: 3 hours ago
  • Last Checked: 12 minutes 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 Details

  • 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 Features

  • Living Area: 4040

Exterior & Lot Features

  • Lot Features: Level lot, Corner Site
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Lot Size Dimensions: 0.09

Location & Community

  • Community Features: High Traffic Area

Business & Leasing Information

  • Current Use: Mixed use

Utilities & Systems

  • Sewer: Municipal sewage system

Tax & Legal Information

  • Zoning: Unknown
  • Parcel Number: 011-636-912
  • Tax Annual Amount: 21859.76
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Nearby Places

Name
Type
Address
Distance
DunnEnzies Pizza Co.
Restaurant
1559 Ellis St
0.1 km
The Grateful Fed Pub
Bar
509 Bernard Ave
0.1 km
Mamma Rosa Restaurant
Restaurant
561 Lawrence Ave
0.1 km
Bohemian Cafe & Catering Company
Food
524 Bernard Ave
0.1 km
Da Tandoor Restaurant
Restaurant
1687 Pandosy St
0.2 km
Momo Sushi Downtown
Restaurant
377 Bernard Ave
0.2 km
Twisted Tomato
Restaurant
371 Bernard Ave
0.2 km
Boston Pizza
Restaurant
545 Harvey Ave
0.2 km
The Royal Anne Hotel
Lodging
348 Bernard Ave
0.2 km
Raudz
Restaurant
1560 Water St
0.3 km
The Keg Steakhouse & Bar - Kelowna
Restaurant
1580 Water St
0.3 km
Memphis Blues Barbeque House
Restaurant
289 Bernard Ave
0.3 km
More Details?
JP Letnick
  • JP Letnick
  • Oakwyn Realty Okanagan-Letnick Estates
  • 778-363-1314
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