$3,750,000 FOR SALE

Office

Total Area: 7,132 ft2

1561 Sutherland Avenue
Kelowna, BC V1Y 5Y7 | Springfield/Spall

Unique owner-occupier opportunity to purchase land and a 7,132 square foot building in central Kelowna, with ancillary cash flow. Situated on a 0.203-acre lot, this two-story building was built by Rykon Construction in 2006 and features high-quality construction with a history of efficient operations. The building boasts finishes reminiscent of upscale residential properties resulting in great curb appeal. Positioned in an area earmarked for future high-density development, as per the City of Kelowna 2040 Official Community Plan (OCP), the property offers the opportunity for equity generation, while benefiting from direct proximity to the Landmark District and Highway 97. With three leases in place there is a steady stream of income, plus a 2,228 useable square foot unit coming available on the second floor – ideal for an owner occupier. There are 17 on-site parking stalls and monument signage is visible to traffic travelling both directions on Sutherland Avenue. (id:47423)

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Listed By Royal LePage Kelowna
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10313634
Last Updated May 09, 2024
Property Summary
Property Type Office

More like this:
Neighbourhood Springfield/Spall
Price History
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Detailed Information
Total Area 7,132 ft2
Listing Contract Date 2024-05-09
Municipal ID 006-743-501
# of Parking Spaces 17
Property Type Office
Transaction Type For sale
Zoning Unknown
Building
Constructed Date 2006
Type Offices
Parking Spaces
Name Spaces
Stall
Land
Total Size 0.2 acres
Size of Irregular Land 0.2

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