Kelowna, BC V1V2P5,1936 Summit Drive
Kelowna, BC V1V2P5,1936 Summit Drive
Kelowna, BC V1V2P5,1936 Summit Drive
Kelowna, BC V1V2P5,1936 Summit Drive
Kelowna, BC V1V2P5,1936 Summit Drive
Kelowna, BC V1V2P5,1936 Summit Drive
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$ 2,600,000
Est. payment | /mo

2,531 SqFt


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$ 2,600,000
Est. payment | /mo
Save

2,531 SqFt

Key Details

Property Type Townhouse

Sub Type Strata

Listing Status Active

Purchase Type For Sale

Square Footage 2,531 sqft

Price per Sqft $1,027

Subdivision Dilworth Mountain

MLS® Listing ID 10338514

Condo Fees $1,212/mo

Originating Board Association of Interior REALTORS®

Year Built 2017

Property Sub-Type Strata

Property Description

Located in Kelowna's sought-after Dilworth Mountain area, this 2,531 SF freestanding strata CRU with one of the only drive-thrus in Glenmore presents an exceptional income-producing opportunity. Currently tenanted by DQ Franchisee, the property offers a stabilized Year 1 NOI of $107,482 and a cap rate of 4.13%. Zoned C2dt-rcs, the site supports a variety of uses, including drive-through and retail cannabis sales. Positioned minutes from downtown Kelowna and major retail centers, the location benefits from high traffic exposure and convenient access to key amenities. This prime asset combines stable cash flow with long-term upside potential in one of Kelowna's most well-connected neighborhoods. (id:24570)

Location

Province BC

Zoning Commercial

Rooms

Kitchen 0.0

Exterior

Parking Features No

Community Features High Traffic Area

View Y/N No

Private Pool No

Others

Ownership Strata

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Listed by Unison HM Commercial Realty
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"This Law Works For You."

+1(778) 594-2961

cynthia@cynthialaw.com

Kelowna, BC, V1Y 0J5, CAN

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1936 Summit Drive