1350 St Paul Street Unit# 102, Kelowna, British Columbia

$535,000

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967

Square feet

About 1350 St Paul Street Unit# 102

Turnkey income investment in the heart of downtown Kelowna. This 967 SF strata unit is leased to an established hair salon on a 5-year triple net lease (commencing June 1, 2026, with a 5-year renewal option), providing immediate, stable cash flow with built-in 3% annual rent escalations. In-place income of $26,669.86/year ($27.58/SF, NNN) reflects a cap rate of approximately 5% at the list price of $535,000. Tenant has one reserved parking stall in the buildings parking garage. A low-maintenance, hands-off investment with a strong downtown location and a proven, established tenant. (id:6289)

Retail property for sale in Kelowna, British Columbia at 1350 St Paul Street Unit# 102. This Retail property is priced at $553/sqft

Features of 1350 St Paul Street Unit# 102

Listing # 10396878
Price $535,000
Bathrooms 0.00
Square Footage 967
Type Retail
Sub-Type Retail

Community Information: Kelowna North

Address 1350 St Paul Street Unit# 102
Subdivision Kelowna North
City Kelowna
Province British Columbia
Postal Code V1Y2E1

Amenities of 1350 St Paul Street Unit# 102

Is Waterfront No
Has Pool No

Interior of 1350 St Paul Street Unit# 102

Fireplace No
Has Basement No

Listing Details

OfficeColdwell Banker Horizon Realty

Listing Map

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