Name: 1607 Ellis Street, Kelowna | MLS® 10363326
SKU: 10363326
Price: 2149000.0 CAD
Availability: InStock

$2,149,000 Sale

Listed 5 hours ago

1607 Ellis Street

MLS® 10363326 Residential Commercial Mix

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · 4040

Est. mortgage

$8,153/mo

Key Facts

Key facts for 1607 Ellis Street

Property Type

Commercial, Residential Commercial Mix

Parking

Garage: No, 0 parking

MLS #

10363326

Size

4040 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

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:10452)

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Full Property Details

Interior

Washrooms

0.0

Square Footage

4040 sqft

Heating Type

Forced air, Heat Pump, Other, See remarks

Air Conditioning

Central air conditioning, Heat Pump

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

4040 sqft

Heating Type

Forced air, Heat Pump, Other, See remarks

Air Conditioning

Central air conditioning, Heat Pump

Full Bathrooms

Half Bathrooms

Exterior

Acreage

0.09 ac|under 1 acre

Parking Spaces

Garage Spaces Y/N

Roof Material

Other

Zoning Type

Unknown

Land Amenities

Public Transit, Schools, Shopping

Acreage

0.09 ac|under 1 acre

Parking Spaces

Garage Spaces Y/N

Roof Material

Other

Zoning Type

Unknown

Land Amenities

Public Transit, Schools, Shopping

Building Description

Style

Residential Commercial Mix

Home Type

Commercial

Subtype

Residential Commercial Mix

Exterior

Concrete Block, Stucco, Other

Sewers

Municipal sewage system

Water Supply

Municipal water

Style

Residential Commercial Mix

Home Type

Commercial

Subtype

Residential Commercial Mix

Exterior

Concrete Block, Stucco, Other

Sewers

Municipal sewage system

Water Supply

Municipal water

Community

Kelowna North

Area Code

Kelowna

Features

High Traffic Area

Community

Kelowna North

Area Code

Kelowna

Features

High Traffic Area

Sandy Saunders & Harry Kullman

Email: [email protected] Cell: 250-979-8565 250-859-2353