Medical Clinics for Sale in BC

Forgot password Extend Verify Contact

195 & 301 W Highway 33
FVREB Out of Town No City Value V1X 1X8

$37,500,000
Retail

Exterior view of mountains and a parking lot
Photo 1: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 2: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 3: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 4: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 5: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 6: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 7: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 8: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 9: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 10: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 11: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 12: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 13: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 14: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 15: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 16: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 17: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 18: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 19: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 20: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 21: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 22: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 23: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 24: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 25: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 26: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 27: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Photo 28: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
Status:
Active
Prop. Type:
Retail
MLS® Num:
C8069520
Build. Type:
Shopping Centre
Plaza 33, a well-established, income-producing shopping centre strategically located along Highway 33 in Kelowna, BC. This highly visible and accessible property serves as a key commercial hub for Rutland. Over 85% of the leasable area is occupied by AAA national and regional tenants, including Save-on-Foods, Shoppers Drug Mart, TD Bank, RBC, Pizza Hut, Hub Insurance, Dynacare Valley Medical Lab and the Okanagan Regional Library. This exceptional tenant mix ensures stable, diversified income and minimal vacancy risk. In addition to its strong cash flow, Plaza 33 offers significant long-term upside. The City of Kelowna’s OCP 2040 supports the development of a twelve-storey building on the site, providing excellent potential for future redevelopment and capital appreciation.
Sale Type:
Asset or Share
Ownership:
Freehold
Property Type:
Retail
Commercial Type:
Retail
Construction:
Mixed
Name of Complex/Subdivision:
Plaza 33
Num Storeys:
1
Building Type:
Shopping Centre, Street-Level Storefront
# Bldgs:
1
Year built:
1970 (Age: 55)
Living Area:
1.96 acre(s)
Subject Property Depth:
260'
Subject Property Width:
825'
Subject Space Depth:
260'
Subject Space Width:
825'
Retail Size:
1.96 acre(s)
Lot Area:
4.93 acre(s)
Zoning:
Potential to Redevelop:
Kelowna 2040 OCP policy guidance outlines 12 storeys bldg., No
Fencing:
Parking:
Guest
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Air Conditioning, HVAC System
Electricity:
Yes
Services Connected:
Curb/Gutter, Electricity Connected, Fully Serviced, Garbage Collection, Natural Gas Connected, Phone Connected, Street Lighting
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Parcel Number:
008212201
Taxes:
$356,755.9 / 2025
Storefront, Washrooms Female/Male
No
Yes
# Elevators:
0
# Docks:
1
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Kelowna 2040 OCP policy guidance outlines 12 storeys bldg., No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    Exterior view of mountains and a parking lot
  • Photo 2: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of asphalt road featuring sidewalks, a mountain view, curbs, and street lighting
  • Photo 3: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    Front Parking
  • Photo 4: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    Main Entrance
  • Photo 5: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of commercial property
  • Photo 6: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of commercial location with uncovered parking
  • Photo 7: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of commercial property featuring uncovered parking
  • Photo 8: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    Property entrance featuring stucco siding
  • Photo 9: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of uncovered parking lot
  • Photo 10: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of commercial property featuring uncovered parking
  • Photo 11: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of commercial property with uncovered parking
  • Photo 12: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of property entrance
  • Photo 13: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of building lobby
  • Photo 14: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of property entrance
  • Photo 15: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of property entrance
  • Photo 16: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    Lobby with high vaulted ceiling
  • Photo 17: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of wine room
  • Photo 18: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    Building lobby featuring a high ceiling
  • Photo 19: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    Community lobby with high vaulted ceiling
  • Photo 20: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of exterior entry
  • Photo 21: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of common area
  • Photo 22: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of common area
  • Photo 23: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of building lobby
  • Photo 24: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    Hallway featuring light tile patterned flooring and a paneled ceiling
  • Photo 25: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    Rear Entrance
  • Photo 26: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of building exterior
  • Photo 27: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of commercial location with uncovered parking
  • Photo 28: 195 & 301 W Highway 33 in No City Value: FVREB Out of Town Retail for sale in "Plaza 33" : MLS®# C8069520
    View of property
Listed by Century 21 Coastal Realty Ltd.
Data was last updated June 15, 2025 at 04:40 PM (UTC)