For Lease · Specialty

545 Lawrence Avenue Unit# B, Kelowna

545 Lawrence Avenue Unit# B, Kelowna, BC V1Y6L8

$19 per sq ft / yr

—

Asset Class

Specialty

Size

—

Building class

C

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

91%

About this property

Prime downtown Kelowna commercial space offering versatile retail or office opportunities in the heart of the Downtown Urban Centre. The thoughtfully configured space features multiple rooms, a bathroom, and a dedicated shower room, making it well suited for a wide range of uses including professional services, wellness, medical, office, boutique retail, or potentially a coffee shop. A rare downtown advantage, the property includes one dedicated, fenced parking stall for staff or client use. Zoned UC1 – Downtown Urban Centre, the location supports a broad range of commercial uses and offers excellent walkability, visibility, and convenient access to downtown amenities. Recent updates include a 2020 furnace, 2018 hot water tank, and PEX plumbing. The building exterior was professionally painted in October 2026. The landlord has recently opened up the interior and removed walls, creating a clean, flexible blank canvas ready to be customized for your business. An excellent opportunity to establish your business in a central downtown location with the flexibility to bring your own vision to the space. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$19
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-2.51%

DSCR

0.86

Going-in cap

4.79%

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

95,348

Households

38,162

Median income

$71,500

Median age

41.6

Daytime population

116,367

5-yr growth

1.1%

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

Secure deal room

Confidential diligence documents for 545 Lawrence Avenue Unit# B, 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.