1350 St Paul Street Unit# 102, Kelowna

2026-08-07

1350 St Paul Street Unit# 102, Kelowna, British Columbia

967 ft²
For Sale Retail
$535,000

MLS®#10396878

Turnkey income investment in the heart of downtown Kelowna. This 967 SF strata unit is leased to an established hair salon on a 5-year triple net lease (commencing June 1, 2026, with a 5-year renewal option), providing immediate, stable cash flow with built-in 3% annual rent escalations. In-place income of $26,669.86/year ($27.58/SF, NNN) reflects a cap rate of approximately 5% at the list price of $535,000. Tenant has one reserved parking stall in the buildings parking garage. A low-maintenance, hands-off investment with a strong downtown location and a proven, established tenant. (id:32467)

Building Retail
Rooms
Bedrooms
Bathrooms 0
Square Footage 967 ft²
Built in
Parking Type
Neighbourhood Kelowna

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How much could you save in commission selling with One Percent Realty?

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$500,000

$300,000 $3,000,000

Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 2.5% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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One Percent Realty's top FAQs

Q.
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!

Q.
What do you charge?

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

Q.
Are your listings on MLS® and realtor.ca?

Yes, and yes.

Learn more about the 1% Deal
Glen
Glen MacKenzie

REALTOR®. Member of The Canadian Real Estate Association & more

onepercentglen@shaw.ca

(250) 870-4536

Support Area:
Areas serviced in the Central Okanagan include all sub divisions of: Kelowna,Westbank,West Kelowna,Peachland

ONE PERCENT REALTY LIMITED … THE FULL STORY FINALLY ... AN ALTERNATIVE! If you've ever sold a home before, you know what the traditional or typical sales commission costs are. Do you remember how you felt when you saw what you paid to the real estate company? Do you remember what you...