



$535,000
Kelowna
#102 1350 St Paul Street, Kelowna, British Columbia, V1Y2E1
This retail property in Kelowna is for sale offering roughly 967 sq ft of space. It has been on the market 90 days, fresher than the Kelowna average of 109 days.
Turnkey income investment in the heart of downtown Kelowna. This 967 SF strata unit is leased to an established hair salon on a 5-year triple net lease (commencing June 1, 2026, with a 5-year renewal option), providing immediate, stable cash flow with built-in 3% annual rent escalations. In-place income of $26,669.86/year ($27.58/SF, NNN) reflects a cap rate of approximately 5% at the list price of $535,000. Tenant has one reserved parking stall in the buildings parking garage. A low-maintenance, hands-off investment with a strong downtown location and a proven, established tenant. (id:66096)
Long Listed: 90 days on market, against an average age of 109 days across the listings currently for sale in this city
This retail in Kelowna has been listed for 90 days, which is 19 days fresher than the city average of 109. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
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