REQUEST A TOUR
$ 1,550,000
Est. payment /mo
Active
525 -527 Lawrence Avenue Kelowna, BC V1Y6C2
4,745 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 4,745 sqft
Price per Sqft $326
Subdivision Kelowna North
MLS® Listing ID 10361812
Year Built 1968
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Freehold
Source Association of Interior REALTORS®
Property Description
PRIME DOWNTOWN INVESTMENT or OWNER-USER OPPORTUNITY 4,745 sq. ft. of versatile commercial space over 2 equal levels in Kelowna's most sought-after area, the Downtown Core. UC1 zoning accommodates a broad range of commercial uses (professional offices, retail & service businesses, health or wellness operations, main floor restaurant & multi-tenant leasing for investment income) plus potential future high-rise development. The property sits on a 3,595 sq. ft. lot with dedicated laneway parking & ample on-street parking. Positioned in the heart of the vibrant downtown, the location offers strategic advantages: high pedestrian & vehicle traffic counts; walking distance to the waterfront, cultural district, shops, dining, beaches & parks; highly sought-after dedicated parking; & central access to transit & major routes. The balanced floorplates (2,372sf per level) add flexibility for multiple tenancies or reconfiguration while keeping ownership & management simple under one title. The vacant, spacious lower level has a 1753 sf open area. The upper level is a separate civic address (525 Lawrence) but on the same legal title. Once used as offices & a separate tattoo studio, it has dedicated front & rear entrances. The prime location, dedicated parking, lane access, mixed-use zoning & dual addresses are an ideal non-stratified opportunity to add value & establish a presence in the thriving downtown core of Canada's fastest-growing city. Call to view -- Bring and build your ideas! (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
Fence Not fenced
Community Features High Traffic Area
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Lot Description Level
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX Kelowna
Monthly Payment
Use our payment calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Connect with one of our local Mortgage Lenders Now!