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Kelowna industrial strata sells in one day for over list price

Strata industrial unit of 1,132 square feet sold for $315,000, which was $16,000 above the asking price.
Western Investor Staff
111, 140 Commercial Drive, Kelowna, B.C.
Re/Max Kelowna – MCL Real Estate Group, Kelowna, for Western Investor

Type of property: Industrial strata

Location: 111, 140 Commercial Drive, Kelowna, B.C.

Size of unit: 1,132 square feet

Zoning: I1 – Business industrial

BC Appraisal value 2020: $236,400

List price: $299,000

Sale price: $315,000

Date of sale:October 26, 2020

Brokerage: Re/Max Kelowna – MCL Real Estate Group, Kelowna, B.C.

Broker: Kris McLaughlin.