Downtown Kelowna Retail Investment Opportunity $ 1,970,000
469-473 Bernard Avenue, Kelowna, BC

Downtown Kelowna Retail Investment Opportunity $1,970,000.

469-473 Bernard Avenue, Kelowna, BC


Property Description

HM Commercial Group is pleased to present this rare opportunity to invest in a fully leased building in Kelowna’s Downtown.

  • 4,303 SF building with 3 fully leased units providing a diversified income stream
  • Located in the heart of Downtown Kelowna on Bernard Avenue, Kelowna’s historic main street
  • 3.8% Yield on Current Rents, 5.0% Yield on Market Rents


Additional Information

Municipal Address469-473 Bernard Avenue, Kelowna, BC
Legal DescriptionLot 8 Block 15 Plan KAP462 District Lot 139 Land District 41 ODYD
PID004-828-003
LocationWell located in the heart of Downtown Kelowna along Bernard Avenue, Kelowna’s historic main street. 469-473 Bernard Avenue features an unbeatable location, less than a 5 minute walk to Lake Okanagan and the new Marina. Surrounded by a host of boutique shops, local restaurants, and professional services.
Building Area4,303 SF
Land Area0.137 Acres / 5,967.7 SF
Lease Term3-4 year terms remaining on leases
ZoningC7, Central Business Commercial
Taxes$16,410 (2018)

Property Map


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E. & O. Insurance The information contained herein is assumed to be correct but is not guaranteed by the Listing Agent or Publisher and should be verified.

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Direct: 250.712.3130
Fax: 250.860.1600
info@hmcommercial.com

2700 Richter St. Kelowna, BC V1Y 2R5