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Property Description

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Price:
$ 1,700,000
MLS® Number:
10261377
Full Address:
270 Bernard Avenue, Kelowna, British Columbia, V1Y6N4
Built In:
1964
List Date:
August 24th, 2022
Finished Area:
2850 sqft
Lot Size:
0.068 ac|under 1 acre
Development Name:
Downtown Location
Neighbourhood:
Kelowna North
Zoning:
Commercial mixed use
Amenities Nearby:
High Traffic Area

Property Specifications

New 60 month Net lease in place. Rents at 1741sq.ft.t main floor at $31.00/sq.ft. Second floor 1,440 sq. ft. @ $16.00/sq.ft. Great tenant with great traffic with a 5 year, well established business. Currently operating as an Italian restaurant and takeout along with a sidewalk access gelato window. During the summer, city allows extended sidewalk seating. Literally steps to the lake at the foot of busy Bernard Ave downtown Kelowna. The 200 block of Bernard is the busiest block for foot traffic and tourists. Upstairs in non conforming suite that can be converted to offices or possible licensing for suite. City must approve for either. Part-wall agreement in place on title. Mike Singleton PREC* & Century 21 Assurance Realty Ltd can't guarantee the accuracy of the information, measurements . Purchasers should conduct own due diligence to verify any all information if necessary. (id:43014)

Property Description

Heating Type:
Forced air

Interior Features

Ownership Type:
Freehold
Water Service:
Municipal water
Exterior:
Brick
Building Amenities:
Living Accommodation

Building Features

Square Footage:
2850 sqft
Rooms:

Floors

Neighbourhood Details

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Agent: Michael Singleton | Office: Century 21 Assurance Realty Ltd

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New 60 month Net lease in place. Rents at 1741sq.ft.t main floor at $31.00/sq.ft. Second floor 1,440 sq. ft. @ $16.00/sq.ft. Great tenant with great traffic with a 5 year, well established business. Currently operating as...
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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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