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!
2418 Drought Road, West Kelowna
2025-10-08
Quick Summary
MLS®#10364441
Property Description
Mixed-use commercial/residential investment in downtown West Kelowna on a high-exposure corridor with excellent access, transit, amenities, and ample on-site parking. C1 zoning allows for a wide range of uses including medical, dental, legal, physio, chiropractic, childcare, education, restaurant, pub, retail, personal services, entertainment, and more, plus apartment or care facility development potential for long-term upside. Building totals approx. 2,680 sq ft with ~1,200 sq ft commercial space on the main floor and two residential suites above (~1,480 sq ft) providing diversified income. Ideal for an owner-operator to occupy the commercial unit while generating revenue from the residential units, or as a pure investment. The current owner is willing to lease back the commercial space at fair market rent, offering immediate stable income. Residential units Both on month-to-month tenancies: Suite 1: 2 bed, 1 bath, in-suite laundry, Suite 2: 1 bed, 1 bath, in-suite laundry. Extensively updated in 2019 with PEX plumbing, upgraded electrical service, two new furnaces, and newer A/C units, providing a low-maintenance, turn-key asset. Strong holding property with cash flow, flexible use options, and future redevelopment potential in a rapidly growing urban market. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit, Park, Recreation, Schools, Shopping
Building
- Cooling Type: Central air conditioning
- Exterior Finish: Brick, Vinyl siding
- Fireplace: No
- Interior Size: 3000 sqft
- Building Type: Residential Commercial Mix
- Utility Water: Municipal water
Features
- Feature: Level lot
Land
- Land Size: 0.14 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Engel & Volkers South Okanagan
Listing information last updated on: 2026-03-02 19:21:32
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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.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
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Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950
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Glen MacKenzie REALTOR®. Member of The Canadian Real Estate Association & more
- Phone:
- (250) 870-4536
- Mobile:
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- Email:
- onepercentglen@shaw.ca
- Support Area:
- Areas serviced in the Central Okanagan include all sub divisions of: Kelowna, Westbank, West Kelowna, Peachland
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