Retail for Sale — Kelowna North, Kelowna, BC
$535,000
1350 St Paul Street Unit# 102, Kelowna, BC V1Y2E1
Property details
Structured details
- Annual property tax
- $5,912.8
- Structure type
- Retail
- Parcel ID (PID)
- 030-306-680
- Strata/association fee
- $394.2/monthly
Listing Information
- MLS®
- 10396878
- Listed
- August 6, 2026
- Time on market
- 39 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
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:63159)
Financing calculator
Estimate your monthly payment on the $535,000 asking price.
Financing details
- Monthly debt service
- $5,193
- Cash required at close
- $132,000
- 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+)
- GetintheLoop Restaurant · 1353 Ellis Street78m
- Pizza Studio · 1360 Ellis Street143m
- Gather Restaurant · 460 Doyle Avenue182m
- Nagano Sushi209m
- The Curious café · 1423 Ellis Street240m
Cafes (5+)
- Bike Shop Cafe and Catering · 1357 Ellis Street103m
- Bean Scene North159m
- Blenz Coffee · 460 Doyle Avenue167m
- Chaibaba · 1289 Ellis Street213m
- J’s Cafe & Bistro228m
Grocery (2)
- GetintheLoop Grocery · 1353 Ellis Street85m
- Safeway · 697 Bernard Avenue561m
Shopping (1)
- The Core on Ellis · 1353 Ellis Street75m
Parks (5+)
- Stuart Park413m
- Pioneer Garden488m
- Waterfront Park500m
- Kerry Park627m
- Recreation Avenue Park683m
Gyms (4)
- Life Aesthetics Online Coaching · 1435 Water Street366m
- SPIN co · 410 Bernard Avenue469m
- BarreRoom · 410 Bernard Avenue470m
- Move & Flow · 589 Lawrence Avenue583m
Pharmacies (3)
- Pharmasave · 505 Doyle Avenue210m
- Shoppers Drug Mart · 597 Bernard Avenue486m
- Pharmasave789m
Banks & ATMs (5+)
- Beem Credit Union · 598 Bernard Avenue447m
- Scotiabank · 488 Bernard Avenue447m
- First West Credit Union · 507 Bernard Avenue474m
- Unnamed483m
- CIBC · 328 Bernard Avenue520m
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 $535,000.
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.