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2720 Tutt Street, Kelowna
2024-04-16
Quick Summary
MLS®#10310137
Property Description
Here is an absolute perfect one-of-a-kind opportunity for a commercial owner-operator to purchase a strata unit in the heart of Pandosy Village! This space is currently set-up for a chef to use the custom-made commercial kitchen but can be repurposed for any use within the UC5 zoning. The total unit measures 1,678sq. ft (155.9 sq. metres). The purchaser will have 1,020sq.ft of usable space in the kitchen for take-out menus or catering. The remaining 658 sq. ft has been leased out to a flower shop until 2028. This tenant will cover the expenses so the owner-operator can focus on their business! This unit includes 3 designated parking stalls and has 3 individual entrances at ground level, entering directly off Tutt Street and Osprey Ave. This spot is completely turnkey and includes all the kitchen equipment, however there is an opportunity to acquire the unit with the full kitchen removed. Strata fees are currently $788.77/month. Why lease a space when you can have the freedom of ownership in a sought-after Worman-built building in an iconic part of town? (id:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 1678 sqft
- Building Type: Retail
- Utility Water: Municipal water
Land
- Land Size: under 1 acre
- Sewer: Municipal sewage system
Maintenance Fee
- Maintenance Fee: 788.77
Information entered by Coldwell Banker Horizon Realty
Listing information last updated on: 2024-06-17 23:21:15
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
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We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
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