2374 Bering Rd - Industrial FOR SALE


Westbank, BC V4T 3J6
$4,750,000 CAD
604-640-5804
2374 Bering Rd, Westbank, BC for Sale
$4,750,000 CAD
Industrial - FOR SALE
1/7
null | 5.5% Cap Rate

2374 Bering Rd
Westbank, BC V4T 3J6


HIGHLIGHTS

  • Limited availability of small-bay commercial assets in West Kelowna.
  • Multi-tenant building with stable revenue, anchored by OK Tire Auto Service.
  • Excellent access to Highway 97 and proximity to Kelowna.

OVERVIEW

Cushman & Wakefield ULC is pleased to present a rare opportunity to acquire a well anchored multi-tenant service commercial investment property in the heart of West Kelowna’s commercial corridor. Located at 2374 Berling Road, this 16,223 square feet building is situated within a well-established node and offers a compelling combination of stable in-place income and upside potential. Held under a 99-year leasehold interest expiring in Dec 2107, this asset delivers long-term security in a market characterized by limited supply of small-bay product. Opportunities to acquire commercial properties with strong tenancy profiles and secure income in West Kelowna are increasingly scarce, making this an attractive offering for investors seeking cash flow with growth potential.

FOR SALE DETAILS

PRICE

$4,750,000 CAD

PRICE/SF

$279 CAD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1

LAND SF

43,560

ZONING

IB

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Burton Van AlstineCushman & WakefieldMore Info
604-640-5804

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Burton Van AlstineCushman & WakefieldMore Info
604-640-5804

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