










1/12515A Bay Avenue, Kelowna, BC V1Y7J8
$25 per sq ft / yr
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Asset Class
Specialty
Size
—
Building class
C
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
95%
This versatile commercial space in Kelowna’s North End offers approximately 1,031 SF of open warehouse space, plus additional secured yard space, well suited to a variety of business uses permitted within the I2 zoning. The space is complemented by a well-maintained and nicely improved exterior. Double-wide doors at the rear provide convenient access for loading and deliveries, while a single-stall washroom adds to the functionality of the space. The included and enclosed yard area offers additional flexibility for parking, an outdoor extension of indoor operations, or other uses that best complement a tenant’s business needs. Nestled just off Ellis Street within Kelowna’s evolving North End commercial and residential corridor, the property is surrounded by many of the area’s popular craft breweries and is just minutes from Knox Mountain Park and Okanagan Lake. A unique opportunity combining flexible interior space, functional loading access, valuable outdoor area and a desirable North End location. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$2
Annual cash flow
$0
Cash-on-cash
5.86%
DSCR
1.32
Going-in cap
7.30%
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
146,623
Households
50,640
Median income
$99,500
Median age
31.1
Daytime population
231,159
5-yr growth
0.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 515A Bay Avenue, 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.