525 -527 Lawrence Avenue Kelowna, British Columbia V1Y 6C2
$1,550,000
PRIME DOWNTOWN INVESTMENT or OWNER-USER OPPORTUNITY 4,745 sq. ft. of versatile commercial space over 2 equal levels in Kelowna's most sought-after area, the 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. Positioned in the heart of the vibrant downtown, 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 simple under one title. The vacant, spacious lower level has a 1753 sf open area. 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:60329)
Property Details
| MLS® Number | 10361812 |
| Property Type | Other |
| Neigbourhood | Kelowna North |
| Amenities Near By | Public Transit, Park, Recreation, Shopping |
| Community Features | High Traffic Area |
| Features | Level Lot |
| Parking Space Total | 3 |
Building
| Constructed Date | 1968 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Wood Siding |
| Heating Type | Forced Air |
| Size Interior | 4,745 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Parking
| Street | |
| Rear |
Land
| Access Type | Easy Access, Highway Access |
| Acreage | No |
| Current Use | Mixed Use |
| Fence Type | Not Fenced |
| Land Amenities | Public Transit, Park, Recreation, Shopping |
| Landscape Features | Level |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.08 |
| Size Total | 0.08 Ac|under 1 Acre |
| Size Total Text | 0.08 Ac|under 1 Acre |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/28826097/525-527-lawrence-avenue-kelowna-kelowna-north
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September 06 2025 09:41:49
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RE/MAX Kelowna