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The Old Cannery 1264 Ellis St 4,050 SF of Retail Space Available in Kelowna, BC V1Y 1Z4
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 3rd Floor, Ste 300 | 4,050 SF | Negotiable | $21.00 USD/SF/YR $1.75 USD/SF/MO $85,068 USD/YR $7,089 USD/MO | Triple Net (NNN) |
3rd Floor, Ste 300
High profile unique office space available in the Old Cannery Building, an iconic 3-storey, brick building in Downtown Kelowna. Premises is +/- 4,050 SF on the top floor and includes elevator access as well as front & back staircases. Space has a modern urban feel with exposed brick walls & ventilation ducts and a post & beam architectural style throughout. Very well lit, with large windows on 3 of the walls, and an inviting entryway that flows into a large open work area. Washrooms are roughed in. Located in proximity to Prospera Place, Rotary Centre for the Arts, Art Gallery, Law Courts, Downtown Library, Okanagan Centre for Innovation, Interior Health buildings and a short walk from the waterfront and the newly announced UBCO Downtown Campus. This is an inviting office space in a highly successful and sought after district in Kelowna ideal for a business looking for a more prominent presence in the downtown core.
- Lease rate does not include utilities, property expenses or building services
- Iconic Old Cannery heritage building
- Modern urban design with exposed brick
- Bright open space with large windows
- Elevator plus front and rear access
- Dedicated parking stall included
- Steps from waterfront and major amenities
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 4,050 SF | Gross Leasable Area | 54,825 SF |
| Property Type | Retail | Year Built | 1910 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 4,050 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 54,825 SF |
| Year Built | 1910 |
About the Property
High profile unique office space available in the Old Cannery Building, an iconic 3-storey, brick building in Downtown Kelowna. Premises is +/- 4,050 SF on the top floor and includes elevator access as well as front & back staircases. Space has a modern urban feel with exposed brick walls & ventilation ducts and a post & beam architectural style throughout. Very well lit, with large windows on 3 of the walls, and an inviting entryway that flows into a large open work area. Washrooms are roughed in. Located in proximity to Prospera Place, Rotary Centre for the Arts, Art Gallery, Law Courts, Downtown Library, Okanagan Centre for Innovation, Interior Health buildings and a short walk from the waterfront and the newly announced UBCO Downtown Campus. This is an inviting office space in a highly successful and sought after district in Kelowna ideal for a business looking for a more prominent presence in the downtown core.
Nearby Major Retailers
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The Old Cannery | 1264 Ellis St
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