x
1
Showing 1 of 1
X
Save

2418 Drought Road
West Kelowna British Columbia V4T1P6 Canada

$1,498,000

Active Listing ID 10364441
rule icon
3,000 square feet
home icon
Other

$1,498,000

Active Listing ID 10364441
Save

2418 Drought Road 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 willing to lease back the commercial space at fair market rent, offering immediate stable income. Residential units 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. Strong holding property with cash flow, flexible use options, and future redevelopment potential in a rapidly growing urban market. (id:203)

Collapse all

Property Features

  • Facts
  • Property Sub-type: Other
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Brick, Vinyl siding
  • Roof Type: Other, Unknown
  • Heating Systems: Forced air, See remarks
  • Additional Features
  • Basement
Listing Changed: 3/2/2026 7:30:03 PM GMT
Source Updated Date: 3/30/2026 12:26:56 AM GMT

Courtesy of: Jonathan Wall, Personal Real Estate Corp, Engel & Volkers South Okanagan