Retail for Sale — Kelowna North, Kelowna, BC
$850,000
1168 Ellis Street, Kelowna, BC V1Y0J5
Property details
Structured details
- Structure type
- Retail
- Parcel ID (PID)
- 032-640-765
Listing Information
- MLS®
- 10390043
- Listed
- June 3, 2026
- Time on market
- 103 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
RLK Commercial and CBRE Limited are pleased to offer for sale, on behalf of the Vendor, three premium retail strata units located at One Water - Kelowna’s landmark mixed-use community in the heart of the city’s vibrant urban core. One Water is a striking two-tower, master-planned project comprised of a 36-storey East Tower and a 29-storey West Tower, rising prominently above downtown Kelowna and offering immediate access to thousands of residents within the development and the surrounding high-density residential neighbourhood. The site benefits from strong pedestrian activity, seamless access to public transit, and proximity to many of Kelowna’s most notable lifestyle destination. Located just steps from Okanagan Lake, the waterfront boardwalk, and some of the city’s most popular dining, entertainment, and recreational amenities, the area attracts both locals and year-round visitors. With the ongoing growth of downtown Kelowna and the Okanagan region, these commercial strata units represent a highly desirable opportunity to secure a foothold in a rapidly expanding market. (id:63159)
Financing calculator
Estimate your monthly payment on the $850,000 asking price.
Financing details
- Monthly debt service
- $8,250
- Cash required at close
- $195,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Kelowna)
- Population
- 144,576(+13.5% since 2016)
- Population density
- 682.4/km²
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 25.3%
- Postsecondary below bachelor's
- 32.7%
- High school diploma
- 30.3%
- No certificate/diploma
- 11.7%
Population aged 15 and over.
Commute
- Car, truck or van
- 84.3%
- Public transit
- 4.0%
- Walked
- 6.4%
- Bicycle
- 2.7%
- Other
- 2.6%
Commute duration
- Under 15 min
- 41.2%
- 15–29 min
- 43.5%
- 30–44 min
- 9.8%
- 45–59 min
- 2.4%
- 60+ min
- 3.1%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Central Kitchen · 1155 Ellis Street56m
- Bouchons Bistro · Sunset Drive153m
- Waterfront Wines Restaurant · 1180 Sunset Drive176m
- Nagano Sushi261m
- Pizza Studio · 1360 Ellis Street466m
Cafes (5+)
- Analog Coffee75m
- Chaibaba · 1289 Ellis Street237m
- J’s Cafe & Bistro239m
- Eurobean Coffee401m
- CeCe's Coffee485m
Grocery (1)
- GetintheLoop Grocery · 1353 Ellis Street470m
Shopping (1)
- The Core on Ellis · 1353 Ellis Street459m
Parks (5+)
- Pioneer Garden303m
- Recreation Avenue Park318m
- Sunset Drive Park346m
- Waterfront Park360m
- Rotary Marsh Park511m
Gyms (1)
- Life Aesthetics Online Coaching · 1435 Water Street697m
Pharmacies (1)
- Pharmasave · 505 Doyle Avenue623m
Nearby places data: © OpenStreetMap contributors.
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All in Kelowna →Frequently asked questions
What is the asking price for this business?
The asking price is $850,000.
Where is this business located?
This listing is located in Kelowna, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.