High profile commercial strata unit available in the heart of Kelowna’s Cultural District - Unit 101 - 1357 Ellis Street, Kelowna

Kelowna , BC V1Y 1Z9

Kelowna , BC, V1Y 1Z9, CA
Kelowna , BC, V1Y 1Z9, CA Kelowna , BC, V1Y 1Z9, CA Kelowna , BC, V1Y 1Z9, CA Kelowna , BC, V1Y 1Z9, CA Kelowna , BC, V1Y 1Z9, CA Kelowna , BC, V1Y 1Z9, CA Kelowna , BC, V1Y 1Z9, CA Kelowna , BC, V1Y 1Z9, CA Kelowna , BC, V1Y 1Z9, CA Kelowna , BC, V1Y 1Z9, CA Kelowna , BC, V1Y 1Z9, CA Kelowna , BC, V1Y 1Z9, CA Kelowna , BC, V1Y 1Z9, CA Kelowna , BC, V1Y 1Z9, CA Kelowna , BC, V1Y 1Z9, CA Kelowna , BC, V1Y 1Z9, CA Kelowna , BC, V1Y 1Z9, CA Kelowna , BC, V1Y 1Z9, CA Kelowna , BC, V1Y 1Z9, CA
FOR SALE
Property Type:
Street Retail
Amount:
$1,173,000
Cap Rate:
0.00%
Last Verified:
Aug 15, 2025

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High profile commercial strata unit available in the heart of Kelowna’s Cultural District. Street level unit with approx. 1,955 SF of open industrialfeel with high ceilings and exposed ventilation give the space an inviting, modern look and feel. Potential for highly visible fascia signage alongEllis Street, highlighted with spot lighting. This is a busy, high traffic area surrounded by the Kelowna Regional Library, Interior Health Buildings,YMCA, Okanagan Innovation Centre, Kelowna Actor’s Studio, City Hall, numerous residential complexes and a block away from the new UBCODowntown Campus (under construction), Prospera Place and the waterfront. Currently improved as a long-standing restaurant space, whichincludes a dining area (currently with 38 seats), large service counter/point of sale area/light prep space, kitchen area with commercialventilation & walk-in refrigerator, as well as washrooms and a storage area. Potential opportunity for a turn-key restaurant as Bike Shop Cafe &Catering and/or its equipment chattels could be available separately

Map of Kelowna , BC, V1Y 1Z9, 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.