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525 - 527 Lawrence Avenue, Kelowna

Property Description

High visibility PRIME DOWNTOWN INVESTMENT or OWNER-USER OPPORTUNITY 4,745 sq. ft. of versatile commercial space over 2 equal levels in Kelowna's sought-after vibrant Downtown Core. UC1 zoning accommodates a broad range of commercial uses (professional offices, retail & service businesses, health or wellness operations, main floor restaurant & multi-tenant leasing for investment income) plus potential future high-rise development. The property sits on a 3,595 sq. ft. lot with dedicated laneway parking & ample on-street parking. The location offers strategic advantages: high pedestrian & vehicle traffic counts; walking distance to the waterfront, cultural district, shops, dining, beaches & parks; highly sought-after dedicated parking; & central access to transit & major routes. The balanced floorplates (2,372sf per level) add flexibility for multiple tenancies or reconfiguration while keeping ownership & management under one simple title. Separate entrances up & down. Main level has an open floor plan. The upper level is a separate civic address (525 Lawrence) but on the same legal title. Once used as offices & a separate tattoo studio, it has dedicated front & rear entrances. The prime location, dedicated parking, lane access, mixed-use zoning & dual addresses are an ideal non-stratified opportunity to add value & establish a presence in the thriving downtown core of Canada’s fastest-growing city. Call to view -- Bring and build your ideas! (id:43014)

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Full Address:
525 - 527 Lawrence Avenue, Kelowna, British Columbia
Price:
$ 1,390,000
MLS Number:
10361812
List Date:
September 6th, 2025
Neighbourhood:
Kelowna North
Lot Size:
0.08 ac
Year Built:
1968
Taxes:
$ 16,766

Property Details

Air Conditioning:
Central air conditioning
Heating:
Forced air

Interior Features

Sewer:
Municipal sewage system
Water:
Municipal water
Exterior:
Brick, Wood siding
Garage:
Rear, Street
Garage Spaces:
3
Ownership Type:
Freehold
Taxes:
$ 16,766

Building Features

Finished Area:
4745 sq.ft.

Floors

Lot Size:
0.08 ac
Current Use:
Mixed use

Land

Amenities Nearby:
High Traffic Area

Neighbourhood Features

Ratings

Commercial Info

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Agent: Heidi GrossOffice: RE/MAX Kelowna

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High visibility PRIME DOWNTOWN INVESTMENT or OWNER-USER OPPORTUNITY 4,745 sq. ft. of versatile commercial space over 2 equal levels in Kelowna's sought-after vibrant Downtown Core. UC1 zoning accommodates a broad range of commercial uses (professional offices, retail & service businesses, health or wellness operations, main floor restaurant & multi-tenant leasing for investment income) plus potential […]
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525 - 527 Lawrence Avenue, Kelowna

Kelowna North/Downtown

Looking for a convenient place to call home, close to the action, the beach, great restaurants, shopping and more? Downtown Kelowna is the place for you. Kelowna North consists of Kelowna’s downtown. This is a great neighbourhood for those looking to live amongst the hustle and bustle of Kelowna. The area hosts some of Kelowna’s best restaurants and some fantastic shopping. City Centre Park offers some fantastic beaches and green spaces and is a frequent host to Kelowna’s many festivals and events. Kelowna North is a popular neighbourhood and has something for everyone. Much of Kelowna’s nightlife is concentrated in the downtown area, including pubs, movie theatres, live theatres, and much more. Kelowna North is also home to the Cultural District. The Cultural District is home to museums, art galleries, theatres and much more. You’ll find many older homes as well as newer condos, including the Madison, one of Kelowna’s most sought after condos. One of the most desirable features of this neighbourhood is walkability. Great locally owned shops and restaurants are just a short stroll away. Kelowna North is continuing to grow and is a great place for investors.

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