Retail for Sale — North Glenmore, Kelowna, BC
$1,899,999
1928 Summit Drive, Kelowna, BC V1V1N6
Property details
Structured details
- Structure type
- Retail
- Parcel ID (PID)
- 030-338-697
- Strata/association fee
- $1,023.74/monthly
From the listing remarks
- Years remaining on lease
- 7 years
Stated by the listing brokerage in the remarks; not verified. Hover a value to see the exact sentence it came from.
Listing Information
- MLS®
- 10370152
- Listed
- November 29, 2025
- Time on market
- 290 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
1928 Summit Drive is a prime investment or potentially an owner occupier opportunity nestled in the vibrant Glenmore community of Kelowna, BC. This property currently boasts a full NNN lease with approximately seven years remaining, featuring a strong covenant and around 2,000 SF of rentable area, however could be made available for vacant possession for the right purchaser. Its high-profile location ensures excellent visibility, complemented by ample visitor parking and included pylon allocation. Surrounded by popular tenants such as Dairy Queen, Glenmore Dental, Liquor Store, Murray’s Pizza, Frilly Lilly, New Empress, Gibson Custom Homes and Dyck’s Pharmacists, this site is not only a hub of amenities but also a cornerstone of the surrounding community. The unit could also be made available with vacant possession, presenting a rare opportunity for an owner/occupier to establish themselves in a sought-after commercial node. (id:63159)
Financing calculator
Estimate your monthly payment on the $1,899,999 asking price.
Financing details
- Monthly debt service
- $18,442
- Cash required at close
- $405,000
- 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 (2)
- Murray's Pizza · 1924 Summit Drive30m
- De Bakker's Kitchen · 1014 Glenmore Drive648m
Parks (3)
- Calmels Park720m
- Caro Park745m
- Sonora Park780m
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 $1,899,999.
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 14, 2026.