$ 535,000 – #102 1350 St Paul Street

This listing presented by Lorne Ayers. Contact Lorne by phone: (250) 860-1100 or email direct here.

Listing Info

Area: Kelowna
Property Type: Retail
MLS® Number: 10396878
Listing Status: Active
List Price: $ 535,000

Place Nearby (within radius 1.5 km)



0 BR / 0 BA Retail – Kelowna

Turnkey income investment in the heart of downtown Kelowna. This 967 SF strata unit is leased to an established hair salon on a 5-year triple net lease (commencing June 1, 2026, with a 5-year renewal option), providing immediate, stable cash flow with built-in 3% annual rent escalations. In-place income of $26,669.86/year ($27.58/SF, NNN) reflects a cap rate of approximately 5% at the list price of $535,000. Tenant has one reserved parking stall in the buildings parking garage. A low-maintenance, hands-off investment with a strong downtown location and a proven, established tenant. (id:6769)

Construction Info

Interior Finish: 967

Rooms Dimension

Listing Agent:

Stewart Dunbar
(250) 718-8775

Brokerage:

Coldwell Banker Horizon Realty
(250) 860-7500
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