Kelowna, BC V1X1X8,195 & 301 33 Highway W
Kelowna, BC V1X1X8,195 & 301 33 Highway W
Kelowna, BC V1X1X8,195 & 301 33 Highway W
Kelowna, BC V1X1X8,195 & 301 33 Highway W
Kelowna, BC V1X1X8,195 & 301 33 Highway W
Kelowna, BC V1X1X8,195 & 301 33 Highway W
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$ 37,500,000
Est. payment | /mo

85,335 SqFt


$ 37,500,000
Est. payment | /mo

85,335 SqFt

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

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Listed by Century 21 Coastal Realty Ltd.
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