2418 Drought Road,

West Kelowna, British Columbia V4T1P6

$1,599,000

This mixed use COMMERCIAL/RESIDENTIAL property was extensively renovated in 2019. The front has space for 6 parking and there are 5 parking stalls in the back. This area is prime for higher density development which is proven by the mixed use commercial/residential project currently under construction within the same block. The complex has 3 furnaces in total, two furnaces were replaced in 2019 and two newer AC units. Plumbing was updated to PEX. Updated electrical service for the entire building. Zoned as C1 which allows for a multitude of uses. Excellent holding property with great tenants. Current owner wants to sell the building and negotiate fair market lease terms in order to stay in the ground level commercial space if possible. SUITE ONE: 2 Bedrooms 1 bathroom, in-suite laundry. SUITE TWO: 1 bedroom 1 bathroom, in-suite laundry. Both tenants on month to month. Located in central downtown West Kelowna on a high-exposure street close to all amenities and transit. (id:3942)
ID# 10242900
Courtesy of Sage Executive Group Real Estate - Letnick Estates
Listed on: November 12, 2021

On market: 21 days
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Forced air

Year Built 1995
Heating Type Forced air
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