525 - 527 Lawrence Avenue, Kelowna, British Columbia

$1,390,000

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4,745

Square feet

0.08

Acres

About 525 - 527 Lawrence Avenue

High visibility PRIME DOWNTOWN INVESTMENT or OWNER-USER OPPORTUNITY 4,745 sq. ft. of versatile commercial space over 2 equal levels in Kelowna's sought-after vibrant Downtown Core. UC1 zoning accommodates a broad range of commercial uses (professional offices, retail & service businesses, health or wellness operations, main floor restaurant & multi-tenant leasing for investment income) plus potential future high-rise development. The property sits on a 3,595 sq. ft. lot with dedicated laneway parking & ample on-street parking. The location offers strategic advantages: high pedestrian & vehicle traffic counts; walking distance to the waterfront, cultural district, shops, dining, beaches & parks; highly sought-after dedicated parking; & central access to transit & major routes. The balanced floorplates (2,372sf per level) add flexibility for multiple tenancies or reconfiguration while keeping ownership & management under one simple title. Separate entrances up & down. Main level has an open floor plan. The upper level is a separate civic address (525 Lawrence) but on the same legal title. Once used as offices & a separate tattoo studio, it has dedicated front & rear entrances. The prime location, dedicated parking, lane access, mixed-use zoning & dual addresses are an ideal non-stratified opportunity to add value & establish a presence in the thriving downtown core of Canada’s fastest-growing city. Call to view -- Bring and build your ideas! (id:3745)

Features of 525 - 527 Lawrence Avenue

Listing # 10361812
Price $1,390,000
Bathrooms 0.00
Square Footage 4,745
Acres 0.08
Year Built 1968
Type Other
Sub-Type Freehold

Community Information

Address 525 - 527 Lawrence Avenue
Subdivision Kelowna North
City Kelowna
Province British Columbia
Postal Code V1Y6C2

Amenities

Amenities Public Transit, Park, Recreation, Shopping
Features Level lot
Parking Spaces 3
Parking Rear, Street
Is Waterfront No
Has Pool No

Interior

Heating Forced air
Cooling Central air conditioning
Fireplace No
Has Basement No

Exterior

Exterior Brick, Wood siding
Exterior Features Level

Additional Information

Zoning Unknown

Listing Details

OfficeRE/MAX Kelowna

Listing Map

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