Commercial Plaza for Sale Kelowna...$3,999,995

British Columbia

**This image may not be a representation of the actual Business or Property for sale**
Listing Type Commercial Real Estate
Price $3,999,995
CAP Rate 5.5%
Land Area 1.43 acres
Building Area 15000 sf
Zoning CD12-airport
Type of Sale Call for details

Business Description

1. Kelowna YLW Plaza. $3,995,995 - 5.5% CAP RATE, 1.43 acres
This is a development play. Approved further to add car wash, detail shop and 2-3 storeys building to 15,000sf+ (zoning CD12)

City leased land until 2054 with renewals in 20yr increments.

This building is only two years old, exclusive to the Kelowna Airport with Three National Tenants.

The Kelowna Airport is the 10th busiest airport in Canada with over 2 million passengers. Every car that goes to the airport or exits the airport must drive by this Plaza.

Facilities

4800sq building with an upto addition 15,000sf available to build situated on 1.43 acres at the Kelowna Airport. Zoned CD 12 allowing for carwash, detail shop, automotive, commercial office space, retail and many other opportunities.

Growth/Expansion