Industrial for Sale — Rutland North, Kelowna, BC
$2,998,800
314 Totem Avenue, Kelowna, BC V1X5W6
Property details
Structured details
- Structure type
- Other
- Current use
- Industrial
- Parcel ID (PID)
- 002-702-223
From the listing remarks
- Years remaining on lease
- 2 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®
- 10385202
- Listed
- May 1, 2026
- Time on market
- 136 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
Priced at assessed value!! Excellent location, stand-alone Industrial Warehouse. Approx 8,000 sq.ft with an approx. 10,000 sq.ft. fenced compound. 2-storey, Bay doors, mezzanine, front entry counter and offices. Currently 2 years left on net lease at $13/sq. expiring Nov. 2027. Add'l rents includes Insurance, Property Tax, approx. $2,766.00. Tenant pays utilities. Market reflects a higher lease rate for the property upon maturity of the lease. Possibility of warehouse expansion. Strata plan was designed by the neighbours for future development but never pursued. Property title shows bare land strata. No strata fees, no strata corp. All information and measurements deemed approximate only and should be verified by the Buyer(s) agent(s). (id:63159)
Financing calculator
Estimate your monthly payment on the $2,998,800 asking price.
Financing details
- Monthly debt service
- $29,107
- Cash required at close
- $624,760
- 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
Cafes (1)
- Tim Hortons · 3491 Sexsmith Road717m
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 $2,998,800.
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.