MLS® 10356931

Industrial for Sale — University District, Kelowna, BC

$2,399,000

480 Neave Court Unit# 103, Kelowna, BC V1V2M2

40
Walk Score
44
Transit
29
Bike
Walk Score® by Redfin
For Sale
6,209 square feet
Floor area
40
Walk Score
44
Transit
29
Bike
Walk Score® by Redfin

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

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).

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Other commercial property types for sale 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.