195 & 301 33 Highway W, Kelowna, British Columbia

$37,500,000

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85,335

Square feet

4.93

Acres

About 195 & 301 33 Highway W

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:36535)

Features of 195 & 301 33 Highway W

Listing # 10349613
Price $37,500,000
Bathrooms 0.00
Square Footage 85,335
Acres 4.93
Year Built 1970
Type Retail
Sub-Type Freehold

Community Information

Address 195 & 301 33 Highway W
Subdivision Rutland South
City Kelowna
Province British Columbia
Postal Code V1X1X8

Amenities

Utilities Electricity, Natural Gas, Telephone, Sewer, Water
Parking Spaces 298
Parking Parkade
Is Waterfront No
Has Pool No

Interior

Heating Other
Cooling See Remarks
Fireplace No
Has Basement No

Exterior

Exterior Other

Additional Information

Zoning Commercial

Listing Details

OfficeCourtesy Of Praveen Bajaj Of Century 21 Coastal Realty Ltd.

Listing Map