2418 Drought Road

Offered at: $1,598,000

MLS®: 10364441

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:6769)

Quick Stats

Key Home Data

0
BATH(S)
BED(S)
3000
SQFT
YES
SHOWING AVAILABLE
Property Type:
Other
Home Ownership:
Freehold

Payment Calculator

Calculate your monthly mortgage payment.

Mortgage Amount
$
Amortization
years
Payment Freq.
Interest Rate
%
Calculating...

All About the Details

See specific details below.

Neighbourhood Statistics

Get to know your neighbourhood.

Similar Properties

Other properties you might like.

Available

Courtesy Of
Dallas Crick Of Chamberlain Property Group

$735,000

Beds
3
Baths
2

AVAILABLE

Single Family

MLS® #10367591

Welcome to this immaculate 3-bed, 2-bath gem tucked away in the heart of Glenrosa! Fully renovated from top to bottom down to the plumbing, this home offers a functional layout, stylish finishes, and exceptional outdoor living. Step inside to a bright and airy living room, where natural light pours through the vinyl windows. The modern kitchen shines with stainless steel…
Available

Courtesy Of
Dallas Crick Of Chamberlain Property Group

$1,450,000

Beds
4
Baths
3

AVAILABLE

Single Family

MLS® #10367578

Discover the possibilities of country living in sought-after SE Kelowna. This 6-acre, tiered acreage sits on a quiet, community-oriented dead-end street surrounded by established equine farms and acreages. With ample pasture, four flat paddocks, and fully fenced to keep in animals. It is perfectly suited for horses, hobby farming, or creating your dream rural retreat. The property includes covered hay…
Available

Courtesy Of
Becky Hilbert Of Chamberlain Property Group

$609,000

Beds
3
Baths
2

AVAILABLE

Single Family

MLS® #10366292

Discover the perfect blend of comfort and style in this beautifully furnished 3-bedroom, 2-bathroom cottage, just steps away from the upper pool and expansive quadding, dirt biking, and hiking trails. With stunning lake views and a spacious open floor plan, this home is ideal for both relaxation and entertainment. Ready for summer fun on Okanagan Lake, the well-appointed interior invites…


Request a Showing

Have questions about this property?

Contact HILBERT&CRICK
About This Property.


Office: 778-821-0163



Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe.   Privacy PolicyTerms of Service
window.onload = function() { let myiFrame = document.getElementById("widgetCta"); let doc = myiFrame.contentDocument; doc.body.innerHTML = doc.body.innerHTML + ''; }