213 Rutland Rd N - Storefront Retail/Residential FOR SALE


Kelowna, BC V1X 3B1
$1,999,000 CAD
778-484-5322
213 Rutland Rd N, Kelowna, BC for Sale
$1,999,000 CAD
Storefront Retail/Residential - FOR SALE
1/1
null | Request Cap Rate

213 Rutland Rd N
Kelowna, BC V1X 3B1


HIGHLIGHTS

  • Fully occupied mixed-use property with established long-term tenants.
  • Located directly across from Rutland Centennial Park.
  • High-exposure frontage along Rutland Road.
  • Includes updated three-bedroom residential unit.
  • On-site paved and fenced parking area.
  • UC4 zoning supports future high-density mixed-use redevelopment.

OVERVIEW

Mixed use building directly on Rutland Road across the street from Rutland Centennial Park. Income producing property with long-term tenants. Main floor consists of two commercial units for a total of 2,390 square feet occupied by a floral shop and a tattoo shop. Second floor is a 1,900 square feet, three bedroom, updated residential unit. Building is fully occupied. Located on a high-traffic, high-exposure corridor in a central location close to all amenities and transit. On-site paved & fenced parking. Lot is .22 of an acre with UC4 zoning offering future redevelopment opportunity. UC4 (Rutland Urban Centre) zoning allows for high-density, mixed-use development similar to other nearby new developments.

FOR SALE DETAILS

PRICE

$1,999,000 CAD

PRICE/SF

$466 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

UC4

APN/PARCEL ID

010-962-263

ASK ABOUT THIS PROPERTY

Lee LeveringVenture CommercialMore Info
778-484-5322

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Lee LeveringVenture CommercialMore Info
778-484-5322

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.