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Highlights

  • Located in Downtown Kelowna’s high-traffic commercial corridor with strong visibility and foot traffic
  • One assigned parking stall included in the Library Parkade, plus ample customer parking nearby
  • Flexible interior layout with open retail space, private rooms, and capped plumbing for multiple configurations
  • Surrounded by established businesses and dining options, enhancing customer draw

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 104
  • 1,450 SF
  • Negotiable
  • $20.12 USD/SF/YR $1.68 USD/SF/MO $29,173 USD/YR $2,431 USD/MO
  • Plus All Utilities
Space Use
Retail
Availability
November 01, 2026

This 1,450 SF retail unit is located within the Library Parkade in Downtown Kelowna, offering a highly visible and accessible location in a vibrant commercial district. Positioned on Ellis Street, the property benefits from strong pedestrian activity, excellent exposure, and prominent signage opportunities. The space was previously configured as a pharmacy and features a flexible layout that includes a large open retail area, capped-off plumbing, a flex room, two exam rooms or offices, a small office, and two washrooms.

  • Listed lease rate plus proportional share of utilities
  • Central Air Conditioning
  • Excellent Exposure
  • Large Open Retail Area
Space Size Term Rental Rate Rent Type
1st Floor, Ste 104 1,450 SF Negotiable $20.12 USD/SF/YR $1.68 USD/SF/MO $29,173 USD/YR $2,431 USD/MO Plus All Utilities

1st Floor, Ste 104

Size
1,450 SF
Term
Negotiable
Rental Rate
$20.12 USD/SF/YR $1.68 USD/SF/MO $29,173 USD/YR $2,431 USD/MO
Rent Type
Plus All Utilities
Space Use
Retail
Availability
November 01, 2026

This 1,450 SF retail unit is located within the Library Parkade in Downtown Kelowna, offering a highly visible and accessible location in a vibrant commercial district. Positioned on Ellis Street, the property benefits from strong pedestrian activity, excellent exposure, and prominent signage opportunities. The space was previously configured as a pharmacy and features a flexible layout that includes a large open retail area, capped-off plumbing, a flex room, two exam rooms or offices, a small office, and two washrooms.

  • Listed lease rate plus proportional share of utilities
  • Central Air Conditioning
  • Excellent Exposure
  • Large Open Retail Area

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 1,450 SF
Property Type Retail
Gross Leasable Area 204,499 SF
Year Built 1996

About the Property

The property is situated on Ellis Street within the Downtown Kelowna area, adjacent to the Library Parkade. It is located in a high-traffic commercial zone with nearby retail and dining establishments. The site offers direct access to parking facilities and is within walking distance of the city’s cultural district.

  • Air Conditioning
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
70/100

Nearby Major Retailers

Anytime Fitness
Tim Hortons
Starbucks
Blenz Coffee
Td Canada Trust
Scotiabank
CIBC
Bmo Bank Of Montreal
BDC
Smoke's Poutinerie
  • Listing ID: 40005140

  • Date on Market: 4/2/2026

  • Last Updated:

  • Address: 1360 Ellis St, Kelowna, BC V1Y 2A2

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