2418 Drought Road West Kelowna, British Columbia V4T 1P6
$1,498,000
Take advantage of this opportunity to acquire a well maintained and leased mixed use COMMERCIAL/RESIDENTIAL property with holding value and development upside. Located in central downtown West Kelowna on a high-exposure street and close to all amenities, transit and with plenty of on site parking. This building is ideal for an owner operator to utilize the C1 zoning which is suitable for a wide variety of uses including legal, medical, dental, physio, chiropractic, haircare, tattoo, child care, education, entertainment, pub, restaurant and more. The zoning also allows for apartments and care facility, major which adds to the longer term development potential as seen in the area already. Renovated in 2019 and consisting of a +/- 1200 sqft commercial space on the main and 2 apartments above spanning +/-1480 sqft, this building's diverse revenue streams make it ideal for an owner operator to utilize the commercial space, apartments or both while benefiting from additional revenue from the remainder of the building. The current owner wishes to remain in the commercial space and will enter into a fair market lease if possible. SUITE ONE: 2 Bedrooms 1 bathroom, in-suite laundry. SUITE TWO: 1 bedroom 1 bathroom, in-suite laundry. Both tenants on month to month. Updates include, two new furnaces in 2019 and two newer AC units, plumbing updated to PEX, updated electrical service for the entire building. (id:62288)
Property Details
| MLS® Number | 10364441 |
| Property Type | Other |
| Neigbourhood | Westbank Centre |
| Amenities Near By | Public Transit, Park, Recreation, Schools, Shopping |
| Features | Level Lot |
| Parking Space Total | 9 |
Building
| Constructed Date | 1995 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Vinyl Siding |
| Heating Type | Forced Air, See Remarks |
| Roof Material | Other |
| Roof Style | Unknown |
| Size Interior | 3,000 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Access Type | Easy Access |
| Acreage | No |
| Current Use | Mixed Use |
| Land Amenities | Public Transit, Park, Recreation, Schools, Shopping |
| Landscape Features | Level |
| Sewer | Municipal Sewage System |
| Size Frontage | 51 Ft |
| Size Irregular | 0.14 |
| Size Total | 0.14 Ac|under 1 Acre |
| Size Total Text | 0.14 Ac|under 1 Acre |
https://www.realtor.ca/real-estate/28967208/2418-drought-road-west-kelowna-westbank-centre
Contact Us
Contact us for more information
Jonathan Wall
Personal Real Estate Corporation
jonathanwallrealestate.com/
www.linkedin.com/in/jonathan-wall-46b36122a
www.instagram.com/jonathan_d_wall/
467 Main Street
Penticton, British Columbia V2A 5C4
(778) 622-3446
Alexander Lougheed
www.evcanada.com/
1562 128 Street
Surrey, British Columbia V4A 3T7
(236) 521-2661
(604) 622-7027
www.evcanada.com/
Anish Somani
www.anishsomani.com/
#130 - 1152 Mainland Street
Vancouver, British Columbia V6B 4X2
(778) 374-3100
(604) 622-7027
vancouver.evcanada.com/
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February 06 2026 12:00:49
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