678 Bernard Avenue
MLS® Number: 10361571
$ 10,995,000
0
BEDROOMS
0 + 0
BATHROOMS
0
SQUARE FEET
1983
YEAR BUILT
Exceptional opportunity to purchase a turnkey office building in the heart of Downtown Kelowna. The building will be offered with vacant possession by Spring 2026 which allows an owner-occupier or investor to place up to three different tenants. The corner location offers fantastic signage opportunities due to the high visibility & exposure. 0.397 acre (17,293 SF) site with three storey, 20,421 SF concrete block building (built in 1983). 20 on-site parking stalls at the rear of the building. Elevator serviced building. Well located in the heart of Downtown Kelowna, directly across from Safeway (undergoing a massive renovation), and just steps from a variety of coffee shops, boutique stores, restaurants, and professional services. Offering a corner location at one of the Downtown’s busiest signalized intersections, this opportunity results in high visibility and exposure for businesses. 5.2% Cap Rate on pro-forma income. Zoning: UC1 Downtown Urban Centre. Max Height: 26 storeys. Bonus Height: 14 storeys. Max FAR: 7.2. Bonus FAR: 1.55. Valuable bricks & mortar asset for an owner-occupier or investor.
COMMUNITY | |
PROPERTY TYPE | |
BUILDING TYPE | |
STYLE | |
YEAR BUILT | 1983 |
SQUARE FOOTAGE | 0 |
BEDROOMS | 0 |
BATHROOMS | 0 |
BASEMENT | |
AMENITIES | |
APPLIANCES | |
COOLING | |
FIREPLACE | N/A |
FLOORING | |
HEATING | |
LAUNDRY | |
LOT FEATURES | |
PARKING | |
RESTRICTIONS | |
ROOF | |
TITLE | |
BROKER | Unison HM Commercial Realty |
ROOMS | DIMENSIONS (m) | LEVEL |
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