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$535,000
British Columbia,Kelowna
For Sale Active
1350 St Paul Street Unit# 102, Kelowna, British Columbia V1Y2E1
  • 967 Sqft
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Basic Details
Description

Turnkey income investment in the heart of downtown Kelowna. This 967 SF strata unit is leased to an established hair salon on a 5-year triple net lease (commencing June 1, 2026, with a 5-year renewal option), providing immediate, stable cash flow with built-in 3% annual rent escalations. In-place income of $26, 669.86/year ($27.58/SF, NNN) reflects a cap rate of approximately

5% at the list price of $535, 000. Tenant has one reserved parking stall in the buildings parking garage. A low-maintenance, hands-off investment with a strong downtown location and a proven, established tenant. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 10396878
  • Price: $535,000
  • Square Footage: 967 Sqft
  • Status: Active
  • Office Name: Coldwell Banker Horizon Realty
  • Property Sub Type: Retail
  • Office Key: 47766
Address Map
  • Location: CA, British Columbia, Kelowna, V1Y2E1
  • Street: St Paul
  • Street Number: 1350
  • Street Suffix: Street
  • Longitude: W120° 30' 28.5''
  • Latitude: N49° 53' 25.4''
Financial
  • Association Fee: 394.2
  • Association Fee Frequency: Monthly
  • Tax Annual Amount: 5912.8
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Listing updated: 2026-08-07 11:57:13
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Listing Information
  • List Agent Key: 1995650
  • List Office Key: 47766
  • Modification Timestamp: 2026-08-06T19:05:22Z
  • Originating System Name: Association of Interior REALTORS®
  • Status Change Timestamp: 2026-08-06T18:58:47Z
Powered by REALTOR.ca
Listing updated: 2026-08-07 11:57:13
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