1 of 20 - 1350 St Paul Street Unit# 102, Kelowna, British Columbia
2 of 20 - 1350 St Paul Street Unit# 102, Kelowna, British Columbia
3 of 20 - 1350 St Paul Street Unit# 102, Kelowna, British Columbia
4 of 20 - 1350 St Paul Street Unit# 102, Kelowna, British Columbia
5 of 20 - 1350 St Paul Street Unit# 102, Kelowna, British Columbia
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1350 St Paul Street Unit# 102, Kelowna, British Columbia

$535,000

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967

Square feet

About 1350 St Paul Street Unit# 102

Turnkey income investment in the heart of downtown Kelowna. This 967 SF strata unit is leased to an established hair salon on a 5-year triple net lease (commencing June 1, 2026, with a 5-year renewal option), providing immediate, stable cash flow with built-in 3% annual rent escalations. In-place income of $26,669.86/year ($27.58/SF, NNN) reflects a cap rate of approximately 5% at the list price of $535,000. Tenant has one reserved parking stall in the buildings parking garage. A low-maintenance, hands-off investment with a strong downtown location and a proven, established tenant. (id:6289)

Features of 1350 St Paul Street Unit# 102

Listing # 10396878
Price $535,000
Square Footage 967
Type Retail

Community Information

Address 1350 St Paul Street Unit# 102
Subdivision Kelowna North
City Kelowna
Province British Columbia
Postal Code V1Y2E1

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Listing Details

OfficeColdwell Banker Horizon Realty

Listing Map

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