Industrial Strata Unit Available in Jim Bailey Industrial Centre

109 8750 Jim Bailey Avenue Kelowna , BC V4V1E5

Property Type:
Cap Rate:
Last Verified:
Jan 10, 2024

Industrial strata unit totalling approx. 2,482 SF in the new Jim Bailey Industrial Centre. Large warehouse area with up to approx. 26’ clear ceiling height, oversized overhead door (12’ x 14’), 200 AMP 3-phase electrical, gas heat, overhead lighting & circulation fan, and fire suppression sprinklers. Main floor has a small reception or office space and rear washroom. Staircase to an open mezzanine level that could be utilized as office/storage space or potentially could be leased as a secondary unit as it also contains the unit’s second washroom. 3 designated parking stalls to the front of the unit. I3 zoning allows a wide variety of industrial uses. Easy access to Highway 97 N, minutes away from Kelowna International Airport, Highway 33, and the Cities of Kelowna and Lake Country

Map of 109 8750 Jim Bailey Avenue , Kelowna , BC, V4V1E5, 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.