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$ 37,500,000
Est. payment /mo
Active
195 & 301 33 Highway W Kelowna, BC V1X1X8
85,335 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 85,335 sqft
Price per Sqft $439
Subdivision Rutland South
MLS® Listing ID 10349613
Year Built 1970
Lot Size 4.930 Acres
Acres 4.93
Property Sub-Type Freehold
Source Association of Interior REALTORS®
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:24570)
Location
Province BC
Zoning Commercial
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling See Remarks
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 298
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://drive.google.com/file/d/1 UoT0wrgb8p3flJVuwvt5rWVC4AP_VPFaF /view
Listed by Century 21 Coastal Realty Ltd.