Exceptional high-yield investment opportunity offering a standout 6.6% cap rate, rarely seen in today’s market. 7 fully leased tenant spaces with annual lease escalations provide a stable income stream in the current economy. Recently updated I1 Business Industrial zoning expands allowable uses to include business commercial, office, service, and select retail, enhancing long-term flexibility and exit potential. Located in Kelowna’s dynamic North End / Brewery District, this is a cash-flow-first asset with meaningful future upside. Extensive upgrades and renovations have been completed to both the interior and exterior of the building from 2022-2026, including updates to the electrical, HVAC, water service, roof, fence, parking lot, and more. Recent environmental reports on file. Special allowance for up to 2.4 FAR (1.2 FAR normally). Rear fence line includes an access easement area of neighbouring property at 1140 Brant Avenue, which is also available for sale - see MLS #10370614.