107 1925 Enterprise Way Kelowna , BC V1Y4P7

Property Type:
Street Retail
Cap Rate:
Last Verified:
Sep 19, 2023

RETAIL/OFFICE UNIT FOR SALE IN THE SHOPPES AT BEVERLY Approx. 1,228 SF of commercial space located next to the Hyatt Place Hotel. Ideal for an owner-operator or a commercial investor. Significant improvements already in place. Large, open commercial area to the front of the unit with an office area, washrooms, kitchenette area and storage to the rear. Extensive glass frontage and main door along Enterprise Way and a rear door to the parking area. 2 dedicated parking stalls to the rear. This high traffic location is off the corner of Enterprise Way and Spall Road, two of the area’s main arterial routes.

Map of 107 1925 Enterprise Way , Kelowna , BC, V1Y4P7, CA

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.