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:35966)
1936 Summit DriveKelowna, British Columbia, V1V2P5
Listing Details
Property Details
- Full Address:
- 1936 Summit Drive, Kelowna, British Columbia
- Price:
- $ 2,600,000
- MLS Number:
- 10338514
- List Date:
- March 12th, 2025
- Neighbourhood:
- Dilworth Mountain
- Year Built:
- 2017
- Taxes:
- $ 19,768
Interior Features
Building Features
- Zoning:
- Commercial
- Ownership Type:
- Condo/Strata
- Taxes:
- $ 19,768
- Stata Fees:
- $ 1,212
Floors
- Finished Area:
- 2531 sq.ft.
Land
Neighbourhood Features
- Amenities Nearby:
- High Traffic Area
Ratings
Commercial Info
Location
Neighbourhood Details
REALTOR® Details
Agent: Jeff Hudson
Office: Unison HM Commercial Realty
Data provided by: Association of Interior REALTORS®
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA" MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
Multiple Listing Service (MLS) trademark® The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.