PRIME DOWNTOWN INVESTMENT or OWNER-USER OPPORTUNITY 4,745 sq. ft. of versatile commercial space over 2 equal levels in Kelowna's most sought-after area, the Downtown Core. UC1 zoning accommodates a broad range of commercial uses (professional offices, retail & service businesses, health or wellness operations, main floor restaurant & multi-tenant leasing for investment income) plus potential future high-rise development. The property sits on a 3,595 sq. ft. lot with dedicated laneway parking & ample on-street parking. Positioned in the heart of the vibrant downtown, the location offers strategic advantages: high pedestrian & vehicle traffic counts; walking distance to the waterfront, cultural district, shops, dining, beaches & parks; highly sought-after dedicated parking; & central access to transit & major routes. The balanced floorplates (2,372sf per level) add flexibility for multiple tenancies or reconfiguration while keeping ownership & management simple under one title. The vacant, spacious lower level has a 1753 sf open area. The upper level is a separate civic address (525 Lawrence) but on the same legal title. Once used as offices & a separate tattoo studio, it has dedicated front & rear entrances. The prime location, dedicated parking, lane access, mixed-use zoning & dual addresses are an ideal non-stratified opportunity to add value & establish a presence in the thriving downtown core of Canada’s fastest-growing city. Call to view -- Bring and build your ideas! (id:2493)
Data was last updated September 9, 2025 at 12:45 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$7,998,000
Min list price:
$349,900
Max list price:
$11,999,000
Avg days on market:
126
Min days on market:
3
Max days on market:
349
Avg price per sq.ft.:
$525.26
These statistics are generated based on the current listing's property type
and located in
Kelowna North. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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