MLS® 10390022

Retail for Sale — Westbank Centre, West Kelowna, BC

$1,999,000

2489 Main Street, West Kelowna, BC V4T2H7

For Sale
4,012 square feet
Floor area
0.36 acres
Lot size

Property details

Structured details

Lot dimensions
0.36
Structure type
Retail
Parcel ID (PID)
003-498-832

Listing Information

MLS®
10390022
Listed
June 16, 2026
Time on market
90 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

Outstanding opportunity to acquire a .365-acre commercial property on Main Street in the heart of the Westbank Commercial Core. The property is flat, rectangular in shape, has about 90 FT of prime frontage along the Highway 97/Main St corridor and has a depth of about 180 FT. There is a stand-alone, multi-unit commercial building on the street-front of approximately 4,012 SF. This is an ideal opportunity for an owner-occupier, one who have interest in occupying a unit while holding onto a tenant to add a component of income to the purchasing equation. Paved parking area to the side and rear of the building. Zoned C1 – Medium Density Commercial Zone allowing a wide variety of primary uses. There is redevelopment potential with a current FAR of .25, while C1 zoning allows a FAR of 1.5, a maximum height of up to 4 storeys and a site coverage of 100%. West Kelowna has established plans for the revitalization of Westbank’s commercial core making this property a good candidate for potential redevelopment or assembly with neighbouring properties. (id:63159)

Financing calculator

Estimate your monthly payment on the $1,999,000 asking price.

Financing details
Monthly debt service
$19,403
Cash required at close
$424,800
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 (West Kelowna)

Population
36,078(+10.5% since 2016)
Population density
295.5/km²
Median household income
$99,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
18.7%
Postsecondary below bachelor's
38.2%
High school diploma
31.4%
No certificate/diploma
11.7%

Population aged 15 and over.

Commute

Car, truck or van
91.2%
Public transit
2.1%
Walked
3.1%
Bicycle
0.4%
Other
3.2%

Commute duration

Under 15 min
35.2%
15–29 min
37.8%
30–44 min
17.3%
45–59 min
5.2%
60+ min
4.5%

Employed labour force with a usual workplace.

Mother Tongue

English87.4%
German2.4%
French1.3%
Punjabi (Panjabi)0.6%
Spanish0.6%
Polish0.5%
Dutch0.5%
Russian0.5%
Mandarin0.4%
Hungarian0.4%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Wings West Kelowna · 2484 Main Street55m
  • Hong Kong Restaurant Chinese Buffet · 2484 Main Street137m
  • Everest · 2430 Main Street217m
  • Everest Indian & Nepalese Restaurant · 2430 Main St, #1225m
  • L'Oven354m

Cafes (5+)

  • Donna's Fresh Café · 2484 Main Street145m
  • Starbucks156m
  • Blend Bites · 2525 Dobbin Road186m
  • Blenz Coffee · 3645 Gosset Road587m
  • Tim Hortons · 200-2330 Highway 97696m

Grocery (2)

  • No Frills · 2484 Main Street180m
  • Save-On-Foods290m

Shopping (3)

  • Westridge Centre · 2484 Main Street131m
  • Elliott Plaza · 2525 Dobbin Road178m
  • Unnamed667m

Parks (5+)

  • Eleanor Reece Park403m
  • Unnamed463m
  • Westbank Centre Park494m
  • Memorial Park521m
  • Springer Park605m

Gyms (1)

  • Curves · 2484 Main Street127m

Pharmacies (2)

  • Pharmasave · 2484 Main Street88m
  • Shoppers Drug Mart304m

Banks & ATMs (4)

  • Interior Savings · 3718 Elliott Road119m
  • Scotiabank131m
  • BMO455m
  • RBC Royal Bank501m

Healthcare (1)

  • Town Centre Medical Clinic275m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Other commercial property types for sale in West Kelowna

Frequently asked questions

What is the asking price for this business?

The asking price is $1,999,000.

Where is this business located?

This listing is located in West 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.