MLS® 10371246

Retail for Sale — Kelowna North, Kelowna, BC

$1,163,000

1357 Ellis Street Unit# 101, Kelowna, BC V1Y1Z9

For Sale
1,955 square feet
Floor area

Property details

Structured details

Structure type
Retail
Parcel ID (PID)
027-881-971
Strata/association fee
$571.41/monthly

Listing Information

MLS®
10371246
Listed
December 17, 2025
Time on market
271 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

Outstanding commercial investment opportunity in Downtown Kelowna. High-profile commercial strata unit available in the heart of Kelowna’s Cultural District. Tenanted, street level unit with approx. 1,955 SF of commercial space featuring high ceilings and exposed ventilation giving the space an inviting, modern look and feel. Revenue generating as tenant has signed a new 5-year lease. Great location in a busy, high traffic area surrounded by the Kelowna Regional Library, Interior Health Buildings, YMCA, Okanagan Innovation Centre, Kelowna Actor’s Studio, City Hall, numerous residential complexes and a block away from the new UBCO Downtown Campus (under construction), Prospera Place and the waterfront. Financial information is available with a signed CA. (id:63159)

Financing calculator

Estimate your monthly payment on the $1,163,000 asking price.

Financing details
Monthly debt service
$11,288
Cash required at close
$257,600
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 (5+)

  • GetintheLoop Restaurant · 1353 Ellis Street27m
  • Pizza Studio · 1360 Ellis Street46m
  • Gather Restaurant · 460 Doyle Avenue95m
  • The Curious café · 1423 Ellis Street172m
  • Nagano Sushi217m

Cafes (5+)

  • Bike Shop Cafe and Catering · 1357 Ellis Street15m
  • Blenz Coffee · 460 Doyle Avenue76m
  • Bean Scene North92m
  • Catelowna · 1441 Ellis Street219m
  • J’s Cafe & Bistro239m

Grocery (2)

  • GetintheLoop Grocery · 1353 Ellis Street19m
  • Safeway · 697 Bernard Avenue560m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street31m

Parks (5+)

  • Stuart Park309m
  • Waterfront Park450m
  • Pioneer Garden451m
  • Kerry Park527m
  • Recreation Avenue Park745m

Gyms (4)

  • Life Aesthetics Online Coaching · 1435 Water Street268m
  • SPIN co · 410 Bernard Avenue396m
  • BarreRoom · 410 Bernard Avenue396m
  • Move & Flow · 589 Lawrence Avenue567m

Pharmacies (3)

  • Pharmasave · 505 Doyle Avenue146m
  • Shoppers Drug Mart · 597 Bernard Avenue478m
  • Pharmasave738m

Banks & ATMs (5+)

  • Scotiabank · 488 Bernard Avenue386m
  • Unnamed403m
  • First West Credit Union · 507 Bernard Avenue421m
  • CIBC · 328 Bernard Avenue431m
  • Beem Credit Union · 598 Bernard Avenue439m

Nearby places data: © OpenStreetMap contributors.

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Frequently asked questions

What is the asking price for this business?

The asking price is $1,163,000.

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 15, 2026.