MLS® 10388198

Industrial for Sale — Rutland North, Kelowna, BC

$649,999

140 Commercial Drive Unit# 108, Kelowna, BC V1X7X6

For Sale
2,104 square feet
Floor area

Property details

Structured details

Annual property tax
$7,666.16
Structure type
Other
Current use
Industrial
Parcel ID (PID)
025-455-192
Strata/association fee
$823.31/monthly
Parking
6 spaces
Heating
Other
Cooling
Central air conditioning

Listing Information

MLS®
10388198
Listed
May 21, 2026
Time on market
116 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

***Price reduced to $309/sq.ft!*** Why lease when you can own your space? This versatile industrial/commercial strata unit offers 2,104 sq. ft. in the Sexsmith/Reid’s Corner area, featuring 1,540 sq. ft. on the main floor plus a 564 sq. ft. mezzanine. Ideally located less than 5 km from Kelowna International Airport with quick access to Highway 97, Old Vernon Road, and University of British Columbia Okanagan, the property is also close to numerous amenities, including Tim Hortons, McDonald's, and Subway. Designed for flexibility, the unit features 24 foot ceilings with a 12-foot overhead door at the rear of the property, along with man doors at both the front and rear for convenient access. The layout allows for a potential retail or showroom component at the front, with warehouse, industrial, or storage space situated at the back. Additional features include a finished washroom, functional mezzanine area, and excellent accessibility suitable for a wide variety of business uses. This unit is equipped with 200amp, 240V, 3-Phase 4 wire power and is fitted with fire suppression sprinklers. Parking consists of 6 stalls in total (4 Stalls are Common Property, 2 Stalls are Limited Common Property, located at the back of the unit). A forklift currently on site may also be available for purchase under a separate agreement. An outstanding opportunity for owner-users or investors seeking long-term value in one of Kelowna’s most strategic industrial/commercial hubs. (id:63159)

Financing calculator

Estimate your monthly payment on the $649,999 asking price.

Financing details
Monthly debt service
$6,309
Cash required at close
$155,000
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

Cafes (1)

  • Tim Hortons · 3491 Sexsmith Road200m

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 $649,999.

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.