For Lease · Office

2903 Pandosy Street Unit# 205, Kelowna

2903 Pandosy Street Unit# 205, Kelowna, BC V1Y1W1

$24 per sq ft / yr

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Asset Class

Office

Size

—

Building class

A

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

90%

About this property

Unit 205 at 2903 Pandosy St. offers approx. 1,235 SF of beautifully built-out, move-in-ready office space in one of Kelowna’s most recognizable buildings, ideally located in the heart of the Lower Mission. The space features a polished and highly functional layout with two private offices, a dedicated meeting room, kitchenette, and generous open work area. Large windows provide excellent natural light throughout, creating a bright and inviting work environment well suited to a range of professional and service-based businesses. Located within an established professional building, tenants benefit from being surrounded by a strong mix of complementary businesses, along with access to common second-floor washrooms and a private in-unit shower — an added convenience for those who walk or bike to work. The property occupies a prominent location along the highly sought-after Pandosy corridor, surrounded by an established mix of businesses and residential neighbourhoods. Original Joe’s, Marmalade Cat Cafe, The Canadian Brewhouse, Momo Sushi, Pandosy Village, Mission Park Shopping Centre, and numerous other shops, restaurants, and services are all nearby. With its high-quality improvements, abundant natural light, professional setting, and exceptional Lower Mission location, Unit 205 presents a rare opportunity to secure a turnkey office space in one of Kelowna’s most desirable commercial areas. Please note the second floor is accessed by stairwell only. (id:66811)

Financial sandbox

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Estimate
Purchase price$24
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-5.97%

DSCR

0.68

Going-in cap

3.75%

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.

Area demographics

Trade area within 3 miles of the property.

Population

100,868

Households

38,421

Median income

$102,500

Median age

45.4

Daytime population

171,289

5-yr growth

4.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 2903 Pandosy Street Unit# 205, Kelowna.

NDA required
  • 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.