1524 Byland Road, West Kelowna, BC - Corner Industrial Lot with Holding Income
Pending

Corner Industrial Lot with Holding Income

1524 Byland Road, West Kelowna, BC, V1Z 1A8

Price:
$2,000,000

Property Description

HM Commercial Group is pleased to present this opportunity for a 0.58 acre corner lot in West Kelowna Business Park.

HIGHLIGHTS

  • 0.58 Acre corner lot in West Kelowna Business Park at intersection of Byland Road and Juliann Road
  • Existing 3,630 SF building with 7 customer parking spaces and fenced yard of approx. 16,000 SF
  • Building offers a front retail portion & warehouse in the rear, large office, kitchenette, & 2 washrooms
  • Ceiling heights in the retail area are approximately 8’5” and in the warehouse are 15’3”
  • Three rear bays, each with a 14ft overhead door
  • Building has 200 amp single phase 120/240 volt main feeder, and each bay has 100 amp 120/240 volt electrical service
  • Currently zoned Light Industrial with future zoning of Business Park
  • Up to 75% site coverage allowed, and lot offers room to expand building size
  • Holding income from existing lease in place until April 30, 2022 with 3 year renewal option and upside rent potential
  • Location offers fantastic visibility and exposure to Highway 97, which sees strong traffic counts

1524 Byland Road, West Kelowna, BC, Canada

Additional Information

Municipal Address 1524 Byland Road, West Kelowna, BC, V1Z 1A8
Legal Description Lot C Plan KAP21937 District Lot 506 Land District 41
PID 007-145-608
Location Details 1524 Byland Road is situated on a corner lot at Byland Road and Juliann Road, with excellent exposure to Highway 97. It offers easy access via light controlled intersections on Byland Road, and is situated in the heart of West Kelowna’s main industrial area.
Building Area 3,630 SF
Land Area 0.58 acres
Zoning I1, Light Industrial
Taxes $10,224 (2020)
Lindsey Termul - Operations Manager at HM Commercial Group

Listing Agent

Lindsey Termul

If you would like more information about this listing or to request a viewing, please fill out the form below. You can also reach us at 250.712.3130 or by email info@hmcommercial.com.