Fantastic Downtown Investment: Prime P2 Zoned Property, Income Potential! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property is ripe with oppurtunity. Currently undergoing an update to the lower suites, main-floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. This can deliver a return on investment as a currently licensed and operating 11-room, 40-bed hostel with a proven revenue history. The real value lies in its exceptional versatility: P2 Zoning: Highly flexible, permitting high-demand applications like supportive housing, health services, private clubs, and diverse business ventures. Significant growth opportunities, including potential for OPC multi-family residential development. Secure your future in Kelowna’s core—this is the definitive opportunity to capitalize on a property with both turnkey income and unparalleled development flexibility. GST is applicable (id:2493)More details
This is an opportunity to acquire a commercial property at one of Lake Country’s busiest and most prominent intersections. The 0.41-acre site offers exceptional exposure with approximately 240 feet of frontage along Highway 97, complemented by a dedicated on-site parking lot. The 3,299 sq. ft. building has benefited from recent base-building upgrades, including a new 200-amp electrical panel, insulated garage doors, enhanced insulation, and new drywall to shell—creating a flexible, move-in-ready canvas for tenant improvements or value-add repositioning. Strategically located directly across from Shoppers Drug Mart, RBC, and Tim Hortons, the property is anchored by strong daily traffic counts and sits just minutes from Kelowna International Airport. Zoned C1 (Town Centre Commercial) with a Mixed Use Commercial OCP designation, the site supports a broad range of commercial uses and offers meaningful long-term redevelopment potential. Well suited for an owner-occupier, investor, or developer seeking a high-exposure, service-commercial asset in one of the Okanagan’s fastest-growing communities. (id:2493)More details
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:2493)More details
Listed by Coldwell Banker Horizon Realty and Royal LePage Kelowna
Exceptional opportunity to acquire an established food and beverage business in the heart of Downtown Kelowna. Situated in one of the city's most vibrant and walkable commercial districts, this turnkey cafe; offers excellent visibility and benefits from consistent year-round traffic generated by local residents, office workers, students, and visitors. The surrounding area features numerous hotels, professional offices, waterfront attractions, parks, cultural venues, and a growing residential population, creating strong demand throughout the day. Kelowna welcomes more than two million visitors annually and boasts a thriving tourism economy, making the downtown core a desirable location for hospitality businesses. The city continues to attract new residents and tourists alike, supported by major events, expanding air service, and its reputation as one of Canada's premier four-season destinations. This well-positioned business offers an inviting atmosphere and the flexibility for an owner-operator or investor to continue the current concept. Located within close proximity to beaches, the waterfront promenade, Prospera Place, boutique shopping, and numerous residential developments, the business enjoys exposure to a diverse customer base throughout the year. A rare opportunity to acquire a centrally located business in one of British Columbia's fastest-growing and most sought-after communities. Information package available upon execution of NDA. Possible to cancel franchise. (id:2493)More details
Exceptional opportunity to own an established Freshly Squeezed franchise business in Orchard Park Mall, Kelowna. This turnkey business is fully operational and located in one of Kelowna's busiest shopping destinations, offering excellent visibility and steady customer traffic throughout the year. The menu includes freshly squeezed juices, smoothies, bubble teas, and an authorized selection of premium cheesecakes, cakes, cookies, and other bakery items. Backed by a well-known franchise brand, this business is ready for a new owner to step in and continue operating. An excellent opportunity for an owner-operator or investor looking to own an established business in a high-traffic location. (id:2493)More details
Listed by Oakwyn Realty Okanagan and Oakwyn Realty Okanagan-Letnick Estates
Acquire an established full-service luxury beauty studio in one of Kelowna's premier retail locations. This professionally designed salon has earned an excellent reputation for exceptional service, premium products, and a welcoming client experience. The business offers multiple revenue streams including laser aesthetics, permanent makeup, lash and brow services, nails, waxing, threading, body piercings, fine-line tattoos, tooth gems, and professional skincare treatments. With established systems, a recognizable brand, active online presence, and loyal clientele, this turnkey opportunity is well positioned for continued growth. Opportunities exist to expand retail sales, add service providers, extend operating hours, and introduce additional aesthetic services. Ideal for an owner/operator, industry professional, or investor seeking a profitable business in Kelowna's growing beauty and wellness market. Financial information is available to qualified purchasers upon execution of a Confidentiality Agreement. (id:2493)More details
INVESTOR AND DEVELOPER ALERT! Rare (4) four-lot MF4 land assembly totaling approx. 0.53 acres with 176.46 ft of contiguous frontage on the Richter Street transit corridor and a depth of 129.9 ft, directly serving the Kelowna General Hospital precinct. The site sits inside the inner 0–200 m band of the provincially designated KGH Transit Oriented Area — one of only four TOAs in Kelowna — where the Province and the City's OCP 2040 (Future Land Use: C-HTH, Core Area – Health District) direct the greatest height and density. MF4 zoning permits a 6-storey mid-rise with 2.5 FAR base density, plus a 0.3 FAR bonus for purpose-built rental or affordable housing, 65% site coverage, and ground-floor commercial retail — supporting residential, mixed-use, institutional, and health-related uses steps from KGH. Hold and plan with income in place: by generating rental revenue. The full-length rear lane adds servicing, access, and parking options at the design stage. Assemblies of this width, this close to the hospital hub, rarely come to market — a clean, policy-backed path to a significant mid-rise project in Kelowna's Health District. (id:2493)More details
Standalone 5,280 SF industrial building centrally located in Kelowna, comprised of two 1,056 SF units and one 3,168 SF unit, each with its own washroom. The property offers great accessibility with 10'x10' overhead loading doors, 16' ceiling height, and 9 on-site parking stalls. Zoned I1 - an excellent owner-user opportunity to occupy the larger 3,168 SF unit while generating additional income from the two remaining leased units. Offered for sale at $2,149,000. (id:2493)More details
Opportunity to purchase a 2,026 SF corner strata unit in the heart of Downtown Kelowna. This unit offers a functional layout with a reception area, five private offices, an oversized office, ideal for a boardroom or executive office, kitchenette, copy/storage room, and abundant natural light throughout. Two separate entrances provide flexibility for future demising or multi-tenant occupancy, making it ideal for an owner-user or investor. Four reserved parking stalls (monthly fee applies) and a storage locker are included. Located within walking distance to restaurants, coffee shops, the waterfront, and other downtown amenities, the building offers secure after-hours access, elevator service, and covered access to Chapman Parkade. An excellent opportunity for professional, medical, legal, accounting, or other office users seeking a well-located downtown office. (id:2493)More details
1,916 SF second-floor office strata unit available for sale or lease in the heart of downtown Kelowna. Located just steps from Bernard Avenue, restaurants, shopping, cafes, and entertainment, this versatile space is currently configured as two separate office suites with individual entrances and shared second-floor washrooms, but can easily be converted back into a single office. Large street-facing windows provide abundant natural light, while a spacious common outdoor patio offers an ideal space for employee breaks or informal meetings. The building offers a professional downtown setting with convenient access for clients and staff. Situated on a quieter street just off Bernard Avenue, the property benefits from a central location within walking distance of City Park, the waterfront, public transit, nearby parkades, and a wide range of downtown amenities. Vacant and available for immediate occupancy, the unit includes two dedicated parking stalls. (id:2493)More details
Listed by FaithWilson Christies International Real Estate
An exciting opportunity to acquire a well-established and locally recognized cafe in the heart of Lake Country. Ideally positioned along a prominent community corridor with excellent exposure from the highway, the business benefits from strong visibility, convenient access, and consistent local traffic. Located near a secondary school, residential neighbourhoods, cultural facilities, and other community amenities, the café has developed a loyal customer base and is known for its welcoming atmosphere and strong community presence. The premises feature an attractive outdoor courtyard, ample designated parking, and a dedicated stage for live music and community entertainment. These features provide significant potential to expand seating, host performances and private events, introduce evening service, and develop additional food and beverage offerings. With its established reputation, high-exposure location, unique entertainment space, and multiple opportunities for growth, this business is well suited to an owner-operator or hospitality entrepreneur looking to build upon a beloved local cafe; concept. (id:2493)More details
An exceptional opportunity to purchase an established independent pizza business in one of Kelowna’s busiest and most desirable neighbourhoods. As a non-franchise operation, this business offers complete flexibility to continue the current concept with its established clientele or introduce your own menu, branding, and vision. Ideally situated within a thriving residential area with excellent exposure and steady customer traffic, the location provides a strong foundation for continued success. Whether you’re an experienced restaurateur or looking to step into business ownership, this fully operational opportunity offers significant potential for future growth. Detailed financial information, lease details, and additional business documentation will be provided to qualified purchasers upon receipt of a signed Non-Disclosure Agreement (NDA). Contact the listing agent for further information and the next steps. (id:2493)More details