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1561 Sutherland Avenue
Springfield/Spall Kelowna V1Y 5Y7

$3,750,000
Office built: 2006

Main Photo: 1561 Sutherland Avenue in Kelowna: Office for sale : MLS®# 10313634
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Status:
Active
Prop. Type:
Office
MLS® Num:
10313634
Year Built:
2006
Unique owner-occupier opportunity to purchase land and a 7,132 square foot building in central Kelowna, with ancillary cash flow. Situated on a 0.203-acre lot, this two-story building was built by Rykon Construction in 2006 and features high-quality construction with a history of efficient operations. The building boasts finishes reminiscent of upscale residential properties resulting in great curb appeal. Positioned in an area earmarked for future high-density development, as per the City of Kelowna 2040 Official Community Plan (OCP), the property offers the opportunity for equity generation, while benefiting from direct proximity to the Landmark District and Highway 97. With three leases in place there is a steady stream of income, plus a 2,228 useable square foot unit coming available on the second floor – ideal for an owner occupier. There are 17 on-site parking stalls and monument signage is visible to traffic travelling both directions on Sutherland Avenue. (id:2493)
Property Type:
Office
Total Living Area:
7,132 sq. ft.
Transaction Type:
For sale
Zoning:
Unknown
Community:
Springfield/Spall
Structure Type:
Offices
Age:
18 years
Half Bathrooms:
0
Fireplace:
No
Acreage:
No
Lot Size:
8,712 sq. ft.
Lot Size:
0.2 ac|under 1 acre
Lot Details:
0.2
Parking:
Stall
Total Parking Spaces:
17
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Listed by Royal LePage Kelowna
Data was last updated October 16, 2024 at 02:15 PM (UTC)
Sage Executive Group
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.