$ 37,500,000 195 & 301 33 Highway West

This listing presented by Stephen Buck. Contact Stephen by phone: 250-860-1100 or email direct here.

Listing Info

Area: Kelowna
Property Type: Retail
Ownership: Freehold
MLS® Number: 10349613
Year Built: 1970
Lot Size: 4.93
Listing Status: Active
List Price: $ 37,500,000

Place Nearby (within radius 1.5 km)



0 BR / 0 BA Retail – Kelowna

Plaza 33, a well-established, income-producing shopping centre strategically located along Highway 33 in Kelowna, BC. This highly visible and accessible property serves as a key commercial hub for Rutland. Over 85% of the leasable area is occupied by AAA national and regional tenants, including Save-on-Foods, Shoppers Drug Mart, TD Bank, RBC, Pizza Hut, Hub Insurance, Dynacare Valley Medical Lab and the Okanagan Regional Library. This exceptional tenant mix ensures stable, diversified income and minimal vacancy risk. In addition to its strong cash flow, Plaza 33 offers significant long-term upside. The City of Kelowna's OCP 2040 supports the development of a twelve-storey building on the site, providing excellent potential for future redevelopment and capital appreciation. (id:6769)

Construction Info

Interior Finish: 85335
Sewer: Municipal sewage system
Parking: 298

Rooms Dimension

Listing Agent:

Praveen Bajaj
(778) 858-0459

Brokerage:

Century 21 Coastal Realty Ltd.
(604) 599-4888
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