MLS® 10386727

Retail for Sale — Rutland North, Kelowna, BC

$8,800,000

1200 Leathead Road, Kelowna, BC V1X2K4

65
Walk Score
49
Transit
84
Bike
Walk Score® by Redfin
For Sale
17,731 square feet
Floor area
65
Walk Score
49
Transit
84
Bike
Walk Score® by Redfin

Property details

Structured details

Ownership
Freehold
Annual property tax
$83,474.05
Structure type
Retail
Parcel ID (PID)
018-361-820

Listing Information

MLS®
10386727
Listed
May 8, 2026
Time on market
129 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

• Prime location with excellent visibility and accessibility • Rare availability of corner lots of this caliber and size • Building with immediate commercial use and potential for densification (id:63159)

Financing calculator

Estimate your monthly payment on the $8,800,000 asking price.

Financing details
Monthly debt service
$85,415
Cash required at close
$1,785,000
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

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 (1)

  • Bluetail Sushi · #102-1675 Commerce Avenue591m

Cafes (1)

  • Starbucks169m

Parks (2)

  • Unnamed525m
  • Ben Lee Park548m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Other commercial property types for sale in Kelowna

Frequently asked questions

What is the asking price for this business?

The asking price is $8,800,000.

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.