Pedro Samuels Samuels - Sutton Logo
$1,474,000
( $491.33Per Sq Foot )
 $7,913 est/mo Sourced by Back At You

2418 Drought Road,West Kelowna, BC V4T1P6

West Kelowna, BC V4T1P6

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Description

Live, Work and Invest In One Location. Mixed-use commercial/residential investment in downtown West Kelowna on a high-exposure corridor with excellent access, transit, amenities, and ample on-site parking. C1 zoning allows for a wide range of uses including medical, dental, legal, physio, chiropractic, childcare, education, restaurant, pub, retail, personal services, entertainment, and more, plus apartment or care facility development potential for long-term upside. Building totals approx. 2,680 sq ft with ~1,200 sq ft commercial space on the main floor and two residential suites above (~1,480 sq ft) providing diversified income. Ideal for an owner-operator to occupy the commercial unit while generating revenue from the residential units, or as a pure investment. The current owner is prepared to enter into an above market lease with the new owner offering an immediate stable income source. Residential units are both on month-to-month tenancies: Suite 1: 2 bed, 1 bath, in-suite laundry, Suite 2: 1 bed, 1 bath, in-suite laundry. Extensively updated in 2019 with PEX plumbing, upgraded electrical service, two new furnaces, and newer A/C units, providing a low-maintenance, turn-key asset. Reach out today on this strong holding property with cash flow, flexible use options, and future redevelopment potential in a rapidly growing urban market. (id:13843)

Details

MLS #10387141
Listing TypeFor Sale
StyleResidential Commercial Mix
StatusActive
Year1995
Days On Site162
Listing Provided ByEngel & Volkers South Okanagan | Jonathan Wall

Features

SQ Feet3,000
Acreage0.14

Interior

CoolingCentral air conditioning
HeatingForced air, See remarks
Fireplace Yes / NoNo

Exterior

RoofOther, Unknown
Lot FeaturesLevel lot

Parking

Parking Total9

Utilities

SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount10414

Area Information

ProvinceBC
CityWest Kelowna
Postal CodeV4T1P6
Listing VS Median (in V4T1P6)
Price:
$1,474,000
low | high
Med:
$859,000
91.723202170963% of Average
sqft:
3,000
low | high
Med:
2,620
62.666666666667% of Average
$ / sqft:
$491
low | high
Med:
$300
88.91500290754% of Average
On site:
162
low | high
Med:
150
100% of Average
Sourced by Back At You

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Learn More About This Property

Pedro Samuels

Pedro Samuels

Sutton Group - Summit Realty Inc., Brokerage

Certified Real Estate Specialist (416) 938-8593psamuels@sutton.com
ProvinceBC
CityWest Kelowna
Postal CodeV4T1P6
Listing VS Median (in V4T1P6)
Price:
$1,474,000
low | high
Med:
$859,000
91.723202170963% of Average
sqft:
3,000
low | high
Med:
2,620
62.666666666667% of Average
$ / sqft:
$491
low | high
Med:
$300
88.91500290754% of Average
On site:
162
low | high
Med:
150
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.105M - $1.842M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
2441 Dobbin Road Property Photo 1
$1,500,000
2441 Dobbin Road
West Kelowna, BC V4T1N6
Listing Updated: September 29, 2026 at 3:19:22 AM PDT