1936 Summit Drive Active Save Request In-Person Tour Request Virtual Tour
Kelowna,BC V1V2P5
Key Details
Property Type Townhouse
Sub Type Strata
Listing Status Active
Purchase Type For Sale
Square Footage 2,531 sqft
Price per Sqft $1,027
Subdivision Dilworth Mountain
MLS Listing ID 10338514
Condo Fees $1,212/mo
Originating Board Association of Interior REALTORS®
Year Built 2017
Property Sub-Type Strata
Property Description
Located in Kelowna's sought-after Dilworth Mountain area, this 2,531 SF freestanding strata CRU with one of the only drive-thrus in Glenmore presents an exceptional income-producing opportunity. Currently tenanted by DQ Franchisee, the property offers a stabilized Year 1 NOI of $107,482 and a cap rate of 4.13%. Zoned C2dt-rcs, the site supports a variety of uses, including drive-through and retail cannabis sales. Positioned minutes from downtown Kelowna and major retail centers, the location benefits from high traffic exposure and convenient access to key amenities. This prime asset combines stable cash flow with long-term upside potential in one of Kelowna's most well-connected neighborhoods. (id:24570)
Location
Province BC
Zoning Commercial
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Private Pool No
Others
Ownership Strata