20,667 SF, 1.5 storey commercial building located on 1.147 acres

Office for Sale
Catylist Listing ID: 30334269
Property Subtypes: Mixed Use
Building Size (RSF): 20,667 SF
Gross Building Area: See Agent
Sale Price: $5,495,000
Unit Price: $265.88 PSF
Property Use Type: Business
Building Name: Capital News Centre
Class of Space: Class A
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 6/19/2019

Overview / Comments

Premier Commercial Opportunity with Untapped Potential

Marketed by MCL Real Estate Group – 2495 Enterprise Way, Kelowna is a 20,667 SF, 1.5 storey commercial building located on 1.147 acres with over 340 feet of frontage along Enterprise Way. This high-profile site has been the home of Kelowna Capital News since it was purpose built in 1992. Outstanding curb appeal, the building offers flexibility with office, warehouse and tenanted professional/retail space. Strategically located in proximity to major shopping centres/retailers including Golf Town, Home Depot, Michael’s, Home Outfitters, Walmart, Homesense, Costco, Canadian Tire, Safeway, Staples, Superstore, Orchard Park Mall, Best Western and Greyhound. There is significant upside potential to the property through redevelopment and densification based on the C4 zoning that is currently in place. For more information or to setup a private viewing contact Kris McLaughlin at 250 870 2165 or Kris (at) mclrealestate.ca or Ken McLaughlin at 250 870 7845 or ken (at) commercialbc.com.

Additional Details

Nearest CMA: Kelowna
Regional District: Central Okanagan
Parcel ID: 024-882-429
Number of Stories: 15
Year Built: 1992

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Photograph of Listing Agent

Kris McLaughlin

RE/MAX Kelowna Commercial First Member
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