A fantastic income producing, light industrial investment property available for sale in Downtown Kelowna’s North End. Great central location in the desirable Brewery District neighbourhood, with frontage along Gordon Drive and walkable access to numerous amenities. The property boasts a well diversified tenant base with 7 demised units, providing a stable income stream. Offered at a 6.0% cap rate on 2025 rents, escalating to 6.33% in 2026 (3% stabilization applied), with annual lease escalations supplying increasing returns year-over-year. Building is approximately 9,096 sq.ft. on a 0.395 acre lot, with I2 zoning. Located within the city’s North End Neighbourhood Plan, this site has a special allowance of up to 3.0 FAR and 16.0m in height, making this an attractive long term hold for future redevelopment. Extensive upgrades and renovations were completed to both the building interior and exterior between 2022-2024 (please see property brochure for detailed list). Tenant mix includes Kelowna Rocks & Gems, Buffalo Rouge Brewing Company, 1120 Rock Club, BTG Brnds Inc, Old Car Jack, and Kelowna Car Care Centre. Access and parking easements and/or agreements will be required for the property, to accommodate use and access on adjacent lots. Rear fence line includes a portion of the easement area of the neighbouring property at 1140 Brant Avenue, which is also available for sale - see MLS #10353807.