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Well-kept Kelowna industrial property sells for $332 psf

Further demisal could allow up to six business tenancies
685-finns-road-kelowna
An industrial property at 685 Finns Rd., Kelowna, sold May 8 for $3.2 million.

DEAL | An industrial investment property at 685 Finns Rd., Kelowna, sold May 8 for $3.2 million. The sale price averaged $332 per square foot. Well-maintained, recent upgrades include the exterior of the building, parking lot and interior demisal work. Fully leased to four tenants, the 9,584-square-foot building can be demised further to six units. The property includes one residential/caretaker unit. Situated just off of Highway 97, the property is easily accessible from all parts of Kelowna and the Central Okanagan.

PRICE | $3,180,000

FROM | Shelby Kostyshen and Jeff Hancock, William Wright Commercial