100% leased Space - DOWNTOWN KELOWNA

Office for Sale
Catylist Listing ID: 30283538
Property Subtypes: Business Park, Office Building
Building Size (RSF): 3,537 SF
Gross Building Area: See Agent
Sale Price: $750,000
Unit Price: $212.04 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 3/18/2019

Overview / Comments

100% Leased space totals ±2,865 square feet of GLA and is located on the main floor of the Ellis Place building.

Ellis Place is a well positioned professional office building in the core of Downtown Kelowna. The strata unit is demised into 3 separate units that are fully tenanted. Unit 101 is the largest unit at ±2,155 SF and is leased to the BC Government, and there are two smaller units, Unit 103 which is ±525 SF and Unit 104 which is ±185 SF. The building itself is located on the edge of both of the Downtown Core (Bernard Ave) and the emerging Cultural District of Kelowna. Located directly across from the Queensway Bus Terminal and within steps of the new Interior Health Building, Okanagan Centre for Innovation and the Kelowna Public Library, this building is in the centre of it all.

Additional Details

Nearest CMA: Kelowna
Regional District: Central Okanagan
Parcel ID: 025-588-842
Property Located Between: Ellis and Bernard

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Photograph of Listing Agent

Kris McLaughlin

RE/MAX Kelowna Commercial First Member
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