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195 & 301 33 Highway W, Kelowna
2025-05-27
Quick Summary
MLS®#10349613
Property Description
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:32467)
Property Features
Building
- Cooling Type: See Remarks
- Exterior Finish: Other
- Fireplace: No
- Interior Size: 85335 sqft
- Building Type: Retail
- Utility Water: Municipal water
Land
- Land Size: 4.93 ac|1 - 5 acres
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Century 21 Coastal Realty Ltd.
Listing information last updated on: 2025-11-12 19:59:56
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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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