195 & 301 33 Highway W, Kelowna, British Columbia, V1X 1X8

$37,500,000

MLS® # 10349613

Commercial For Sale In Rutland, Kelowna, British Columbia

$37,500,000

Property Information:

Plaza 33, a well-established, income-producing shopping centre strategically located along Highway 33 in Kelowna, BC. This highly visible and accessible property serves as a key commercial hub for Rutland. Over 85% of the leasable area is occupied by AAA national and regional tenants, including Save-on-Foods, Shoppers Drug Mart, TD Bank, RBC, Pizza Hut, Hub Insurance, Dynacare Valley Medical Lab and the Okanagan Regional Library. This exceptional tenant mix ensures stable, diversified income and minimal vacancy risk. In addition to its strong cash flow, Plaza 33 offers significant long-term upside. The City of Kelowna's OCP 2040 supports the development of a twelve-storey building on the site, providing excellent potential for future redevelopment and capital appreciation. (id:27)

Building Features:

  • Style: Retail
  • Building Type: Retail
  • Exterior Finish: Other
  • Floor Space: 85335 sqft
  • Heating Type: Other
  • Cooling Type:

Property Features:

  • OwnershipType: Freehold
  • Property Type: Retail
  • Built in: 1970
  • Floor Space (approx): 85335 Square Feet
  • Utility Type: Hydro - Available, Natural Gas - Available, Sewer - Available, Telephone - Available, Water - Available
  • Sewer: Municipal sewage system
  • Parking Type: Parkade
  • No. of Parking Spaces: 298

Courtesy of: Century 21 Coastal Realty Ltd.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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