Address
184-194 Adams Road Kelowna, BC
Price
$ 5,750,000
Property Attributes
  • MLS#10210181
  • TypeCommercial
  • CityKelowna
  • AreaCentral Okanagan
  • NeighbourhoodNG - North Glenmore
  • Postal CodeV1X7R2
  • StyleCommercial
  • Taxes51522
  • Price$ 5,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage25530
Listing Provided Courtesy Of:
Macdonald Realty Kelowna
Property Description

We are pleased to present this opportunity to invest in a strata titled warehouse building in Kelowna’s Reid’s corner area. 184-194 Adams Road is fully leased modern industrial building with secure cashflow offered from multiple tenancies. All 8 strata lots associated with the property are included in the sale, providing security and flexibility in your investment. The building features 25,530 SF office and warehouse including a deluxe 2 bedroom suite (1,812 SF). Reid’s Corner, 184-194 Adams Road, and Kelowna in general has seen historically low industrial vacancy rates, with this building and area seeing limited vacancy over the past 10 years. With Kelowna’s industrial vacancy rate below 2%, now is the perfect time to invest in income producing industrial product in the city.

Amenities

  • Views
  • New Construction
  • Adult
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in V1X7R2

Price
AVG $2.88M
$5.75M
Taxes
AVG $51,522
$51,522
Visits
AVG 56
103