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1953-1955 Baron Rd 14,966 SF 100% Leased Retail Building Kelowna, BC V1X 3W2 $4,336,771 USD ($289.77 USD/SF)



Executive Summary
Outstanding, income generating, commercial investment opportunity for an investor searching for a multi-tenant commercial property. Complex sits on 1.191 acres and includes a stand-alone commercial building totaling approx. 14,966 SF with a total of 3 retail type units that are leased to high-profile, long-term tenants. Each of the units has a mezzanine level, although only 1 is finished with offices. There are 4 overhead doors to the rear of the building, all with ground level access. The site is paved with an open common parking area at the front of the building along with additional parking to the side and rear of the building. Outstanding fascia signage opportunities as well as on a highly visible complex pylon along Baron Road. This is a turn-key commercial investment opportunity with secure cash flow from high quality tenants.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
14,966 SF
Building Class
C
Year Built
2003
Price
$4,336,771 USD
Price Per SF
$289.77 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
1.20 AC
Parking
24 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
204’ on Baron Road
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (86)
Nearby Major Retailers
1 of 6
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1953-1955 Baron Rd
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