MLS® 10385202

Industrial for Sale — Rutland North, Kelowna, BC

$2,998,800

314 Totem Avenue, Kelowna, BC V1X5W6

For Sale

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

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 Road717m

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 $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.