BC
Kelowna
V1Y2A8
1607 Ellis Street
1607 Ellis Street, Kelowna, BC V1Y2A8
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Listing Type
Single Family
Listing Status
active
30
$2,168,000

Home Details for 1607 Ellis Street

Price
$2,168,000
Type
Residential
Bedrooms
0
Bathrooms
0.0
Square feet
4040
Year built
1939
Lot size acres
0.09
Parking
Days on site
167
Listing #
27467982
Listing Courtesy: Oakwyn Realty Okanagan-Letnick Estates
Property 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:31684)

Property Features
  • Heating Information
    • Forced Air
    • Heat Pump
    • Other
    • See Remarks
  • Cooling Information
    • Central Air
    • Heat Pump
  • House Interior
    • Level lot
    • Corner Site
  • Fire Place
    • False
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Canadian Real Estate Association.
EXIT REALTY PEI
41 MacLeod Crescent, Charlottetown, PE C1E 3K2
Pamela Foy
Sales Representative
Office
902 892 7653
Agent
902 315 1035
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