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$22 per sq ft / yr
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Asset Class
Specialty
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
96%
Position your business in the heart of Downtown Kelowna at 510 Bernard Avenue, offering up to 10,839 SF of adaptable commercial space with proposed demising options from approximately 3,517 SF. Located directly above the new Patagonia store (coming soon), the second-floor premises offers a combination of office, showroom, commercial kitchen, meeting, and support areas, providing flexibility for a wide range of commercial users. Whether occupying the space in its current configuration or adapting it to suit a new concept, the existing layout can accommodate a variety of operational requirements. Exterior signage opportunities on one of Kelowna's most notable intersections are also available. Prominently located at the corner of Bernard Avenue and Ellis Street with a timeless brick exterior, this highly visible opportunity is well suited for office, education, healthcare, fitness, hospitality, retail showroom, and other complementary commercial uses. Select trade fixtures and equipment are subject to confirmation. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$-0
Cash-on-cash
-3.93%
DSCR
0.79
Going-in cap
4.36%
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
123,015
Households
47,830
Median income
$82,000
Median age
41.1
Daytime population
191,763
5-yr growth
6.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 510 Bernard Avenue Unit# 201, 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.