1561 Sutherland Avenue, Kelowna

2024-05-09
 

Quick Summary

Location
1561 Sutherland Avenue, Kelowna, British Columbia V1Y5Y7
Price
$3,750,000 CAD
Status:
For Sale
Property Type:
Office
Area:
7132ft2
Year of Construction:
2006
Brochure Link:

MLS®#10313634

Property Description

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:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 7132 sqft
  • Building Type: Offices

Land

  • Land Size: 0.2 ac|under 1 acre

Information entered by Royal LePage Kelowna
Listing information last updated on: 2024-05-10 00:02:26


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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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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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Yes, and yes.


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