MLS® 10390033

Retail for Sale — Kelowna North, Kelowna, BC

$1,900,000

1193 Sunset Drive, Kelowna, BC V1Y0J5

90
Walk Score
40
Transit
98
Bike
Walk Score® by Redfin
For Sale
2,700 square feet
Floor area
90
Walk Score
40
Transit
98
Bike
Walk Score® by Redfin

Property details

Structured details

Structure type
Retail
Parcel ID (PID)
032-640-692

Listing Information

MLS®
10390033
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 $1,900,000 asking price.

Financing details
Monthly debt service
$18,442
Cash required at close
$405,000
DSCR
Cash-on-cash return (yr 1)

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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

English82.6%
Punjabi (Panjabi)2.1%
German1.9%
French1.5%
Spanish0.9%
Tagalog (Pilipino, Filipino)0.9%
Mandarin0.7%
Russian0.5%
Italian0.4%
Korean0.4%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Bouchons Bistro · Sunset Drive106m
  • Central Kitchen · 1155 Ellis Street122m
  • Waterfront Wines Restaurant · 1180 Sunset Drive132m
  • Nagano Sushi234m
  • Pizza Studio · 1360 Ellis Street434m

Cafes (5+)

  • Analog Coffee53m
  • J’s Cafe & Bistro212m
  • Chaibaba · 1289 Ellis Street221m
  • Eurobean Coffee341m
  • Bike Shop Cafe and Catering · 1357 Ellis Street464m

Grocery (1)

  • GetintheLoop Grocery · 1353 Ellis Street447m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street437m

Parks (5+)

  • Pioneer Garden235m
  • Waterfront Park292m
  • Sunset Drive Park343m
  • Recreation Avenue Park382m
  • Rotary Marsh Park474m

Gyms (1)

  • Life Aesthetics Online Coaching · 1435 Water Street654m

Pharmacies (1)

  • Pharmasave · 505 Doyle Avenue596m

Nearby places data: © OpenStreetMap contributors.

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Other commercial property types for sale in Kelowna

Frequently asked questions

What is the asking price for this business?

The asking price is $1,900,000.

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.