470 Banks Road
MLS® Number: 10356246
$ 5,500,000
0
BEDROOMS
0 + 0
BATHROOMS
0
SQUARE FEET
1989
YEAR BUILT
Opportunity to purchase an income producing 11,430 SF commercial building in the heart of Kelowna’s home improvement/big box corridor. 11,430 SF service commercial building suitable for an investor or owner-user. The building offers five service commercial units ranging in size from 2,160 SF up to 3,408 SF. Well located on Banks Road just minutes from the new Canadian Tire, Costco, Walmart, and other big box stores, with Highway 97 just 1.5 blocks away. Multiple tenancies provides security on investment. Rent escalations in majority of leases. Each unit features a front reception area, rear warehouse space with 12’ grade level overhead doors. Building features both front and rear parking. Corner lots offers high exposure on two sides of the building. C2 zoning allows a wide range of service commercial uses. Cap Rate: 4.01%.
COMMUNITY | |
PROPERTY TYPE | |
BUILDING TYPE | |
STYLE | |
YEAR BUILT | 1989 |
SQUARE FOOTAGE | 0 |
BEDROOMS | 0 |
BATHROOMS | 0 |
BASEMENT | |
AMENITIES | |
APPLIANCES | |
COOLING | |
FIREPLACE | N/A |
FLOORING | |
HEATING | |
LAUNDRY | |
LOT FEATURES | |
PARKING | |
RESTRICTIONS | |
ROOF | |
TITLE | |
BROKER | Unison HM Commercial Realty |
ROOMS | DIMENSIONS (m) | LEVEL |
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