
















1/181164 Ellis Street Unit# 1, Kelowna, BC V1Y0J4
Price on request
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Asset Class
Specialty
Size
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Building class
A
Zoning
US — Urban Services
$ / SF
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Occupancy
98%
Turnkey 743 SF ground-floor office space available for lease at ONE Water Street, a prominent mixed-use development in the heart of downtown Kelowna. Located at 1–1164 Ellis Street, this professionally finished unit offers direct street-level access, expansive storefront glazing, and an efficient, functional layout. The premises feature a welcoming reception area, private glass-enclosed office, open workspace, built-in kitchenette, and accessible washroom. Contemporary finishes, abundant natural light, and existing improvements provide a move-in-ready solution ideal for professional office and service-oriented businesses. Situated within walking distance of Kelowna’s waterfront, Cultural District, restaurants, retail, and downtown amenities, with convenient City metered parking available nearby. An ideal opportunity for businesses seeking a turnkey office space in a central downtown location. (id:66811)
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Monthly debt service
$7K
Projected NOI
$86K
Annual cash flow
$3K
Cash-on-cash
0.74%
DSCR
1.04
Going-in cap
5.76%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
125,097
Households
54,852
Median income
$92,500
Median age
42.9
Daytime population
154,385
5-yr growth
1.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1164 Ellis Street Unit# 1, Kelowna.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.