Kelowna industrial building sold for $4.8M

The 24,400-square-foot warehouse is situated at a high-profile corner of the Airport Business Park

By
for Western Investor
January 22, 2018





hm commercial
 
A 24,400-square-foot industrial building in Kelowna’s Airport Business Park has sold for $4.8 million. 
 
The warehouse is complete with a well-finished showroom area and 2,000-square-feet of finished mezzanine space. The building is situated on a 1.35-acre lot, well located at the high-profile corner of Innovation Drive and Spectrum Court. The property sold for above its assessed value of $3.3 million.
 
The property is located at 1540 Innovation Dr., Kelowna. 
 

Breakdown: 

 
Price: $4,800,000
Lot Size: 1.35 acres 
Property Type: Industrial 
Zoning: CD15
2017 B.C. Assessment Value: $3,330,000
City: Kelowna    
Province: B.C. 
Name of Brokerage: HM Commercial 
 

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Jeff specializes in the sales of income-producing properties, foreclosures and development analysis for commercial properties.

HM Commercial Group – Macdonald Realty Kelowna
2700 Richter Street
Kelowna, B.C. V1Y 2R5
Office: 250-712-3131

Marshall specializes in investment properties, foreclosures and development land including shopping centres and multi-family properties.

HM Commercial Group – Macdonald Realty Kelowna
2700 Richter Street
Kelowna, B.C. V1Y 2R5
Office: 250-712-3130

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