$2,998,800

314 Totem Avenue, Kelowna

Rutland North, Kelowna, BC V1X5W6

Commercial

Listed by Century 21 Assurance Realty Ltd

About this property

Priced at assessed value!! Excellent location, stand-alone Industrial Warehouse. Approx 8,000 sq.ft with an approx. 10,000 sq.ft. fenced compound. 2-storey, Bay doors, mezzanine, front entry counter and offices. Currently 2 years left on net lease at $13/sq. expiring Nov. 2027. Add'l rents includes Insurance, Property Tax, approx. $2,766.00. Tenant pays utilities. Market reflects a higher lease rate for the property upon maturity of the lease. Possibility of warehouse expansion. Strata plan was designed by the neighbours for future development but never pursued. Property title shows bare land strata. No strata fees, no strata corp. All information and measurements deemed approximate only and should be verified by the Buyer(s) agent(s). (id:67417)

Property details

Price

$2,998,800

MLS® number

10385202

Property type

Commercial · Other · Industrial

Community

Rutland North, Kelowna

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