469-473 Bernard Avenue, Kelowna, BC - Downtown Kelowna Retail Investment Opportunity

Downtown Kelowna Retail Investment Opportunity

469-473 Bernard Avenue, Kelowna, BC, V1Y 6N8

Price:
$1,850,000

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
  • 4.1% Yield on Current Rents, 5.3% Yield on Market Rents

469 Bernard Avenue, Kelowna, BC, Canada

Additional Information

Municipal Address 469-473 Bernard Avenue, Kelowna, BC, V1Y 6N8
Legal Description Lot 8 Block 15 Plan KAP462 District Lot 139 Land District 41 ODYD
PID 004-828-003
Location Details Well 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 Area 4,303 SF
Land Area 0.137 Acres / 5,967.7 SF
Zoning C7, Central Business Commercial
Taxes $16,410 (2018)
Lease Term 3-4 year terms remaining on leases

Listing Agents

Jeff Hudson PREC - Principal / Co-Founder at HM Commercial Group

Jeff Hudson

Marshall McAnerney PREC - Principal / Co-Founder at HM Commercial Group

Marshall McAnerney

Request More Info

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.