Industrial for Sale — University District, Kelowna, BC
$2,399,000
480 Neave Court Unit# 103, Kelowna, BC V1V2M2
Property details
Structured details
- Structure type
- Other
- Current use
- Industrial
- Parcel ID (PID)
- 027-576-761
- Strata/association fee
- $1,096.99/monthly
Listing Information
- MLS®
- 10356931
- Listed
- July 23, 2025
- Time on market
- 418 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
6,209 SF end cap industrial unit offers a highly functional layout across two levels, ideal for a wide range of business uses. The ground floor features a bright open-concept showroom with an in-suite washroom, a large rear office, and a spacious warehouse area with 24’ ceilings (21’ clear to underside of truss). The mezzanine level includes a large open work area, a second in-suite washroom with shower, kitchenette, laundry hook-ups, and a storage area. The unit is equipped with 12’ overhead doors at both the front and rear, providing excellent access. A steel storage building measuring approximately 16’8” x 28’ x 19’ is included with the property. Additional highlights include a rear fenced storage yard, Eight (8) dedicated parking stalls plus visitor stalls, and signage opportunities on the end cap. (id:63159)
Financing calculator
Estimate your monthly payment on the $2,399,000 asking price.
Financing details
- Monthly debt service
- $23,285
- Cash required at close
- $504,800
- 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 (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).
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All in Kelowna →Frequently asked questions
What is the asking price for this business?
The asking price is $2,399,000.
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.