195 & 301 33 Highway W Kelowna, British Columbia V1X 1X8
$37,500,000
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. (id:60329)
Property Details
| MLS® Number | 10349613 |
| Property Type | Retail |
| Neigbourhood | Rutland South |
| Parking Space Total | 298 |
Building
| Constructed Date | 1970 |
| Cooling Type | See Remarks |
| Exterior Finish | Other |
| Heating Type | Other |
| Size Interior | 85,335 Ft2 |
| Type | Retail |
| Utility Water | Municipal Water |
Parking
| Parkade |
Land
| Acreage | Yes |
| Sewer | Municipal Sewage System |
| Size Irregular | 4.93 |
| Size Total | 4.93 Ac|1 - 5 Acres |
| Size Total Text | 4.93 Ac|1 - 5 Acres |
| Zoning Type | Commercial |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
| Sewer | Available |
| Water | Available |
https://www.realtor.ca/real-estate/28374166/195-301-33-highway-w-kelowna-rutland-south
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May 28 2025 04:59:46
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