453 Bernard Avenue
Kelowna, British Columbia
MLS® 10404215
$2,999,999
- Status
- Active
- Property type
- Retail
- MLS® number
- 10404215
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 12Listing description
Own a piece of Kelowna’s most recognized commercial street. 453 Bernard Avenue offers approx. 4,366 sq.
ft. in the heart of downtown, steps from the waterfront, City Park, the Cultural District and the city’s busiest dining, shopping and entertainment blocks. Locals, tourists and downtown professionals pass by every day, giving this property outstanding street presence and steady year-round foot traffic.
The building is home to two strong, established tenants, providing reliable income from day one. One lease is coming up for renegotiation, creating flexibility rarely found on Bernard Avenue. Investors can reset rent to today’s market and secure long-term income, while owner-occupiers can move their own business into the space and let the second tenant help carry the costs.
It’s the best of both worlds: a proven income property with a built-in path to ownership use. Properties on this stretch of Bernard seldom come to market, and fewer still offer the choice between a secure investment and a permanent home for your business. With continued residential growth downtown and ongoing investment in the core, demand for main street commercial space remains strong.
Whether you are growing a portfolio or planting your business on the main street of the Okanagan’s largest city, this is an opportunity worth a close look. Financials and lease details available to qualified buyers upon signing an NDA. Call today to arrange a private tour.
Property summary
- MLS® number
- 10404215
- Property type
- Retail
- Building type
- Retail
- Size
- 4,366 sq ft
- Land size
- 0.14 acres
- Annual property taxes
- $28,671.00
- Parking
- 7 spaces · Additional Parking
- Days on market
- 15 days
What would this home cost you?
Based on the $2,999,999 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Judy Lindsay Okanagan, Kelowna.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.