High profile commercial space available in the Old Cannery Building - 1264 Ellis Street

Kelowna , BC V1Y1Z4

Kelowna
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Dec 04, 2025

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High profile commercial space available in the Old Cannery Building, an iconic 3-storey, brick building in Downtown Kelowna. Unit includes +/-8,025 SF over the first two floors and includes elevator access as well as front & back staircases. Space has a modern urban feel with exposedbrick walls & ventilation ducts and a post & beam architectural style throughout. Large frontage along Ellis St, with oversized street facingwindows and an inviting entryway that flows into a large open work area. Second floor features more open work area and a washroom. Unitincludes 3 dedicated parking stalls to the rear of the building with access to the unit from Cannery Lane. Located in proximity to Prospera Place,Rotary Centre for the Arts, Art Gallery, Law Courts, Downtown Library, Okanagan Centre for Innovation, Interior Health buildings and a shortwalk from the waterfront and the newly announced UBCO Downtown Campus. This is an inviting commercial space ideal for a business lookingfor a larger, more prominent presence in the downtown core.

Map of Kelowna , BC, V1Y1Z4, 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.