525 527 Lawrence Ave

For Sale New 17 hours
$1,550,000
beds
baths
4,745 Sqft

525 527 Lawrence Ave

For Sale New 17 hours
$1,550,000
beds
baths
4,745 Sqft

Highlights

Key insights

Description

PRIME DOWNTOWN INVESTMENT or OWNER-USER OPPORTUNITY 4,745 sq. ft. of versatile commercial space over 2 equal levels in Kelowna's most sought-after area, the Downtown Core. UC1 zoning accommodates a broad range of commercial uses (professional offices, retail & service businesses, health or wellness operations, main floor restaurant & multi-tenant leasing for investment income) plus potential future high-rise development. The property sits on a 3,595 sq. ft. lot with dedicated laneway parking & ample on-street parking. Positioned in the heart of the vibrant downtown, the location offers strategic advantages: high pedestrian & vehicle traffic counts; walking distance to the waterfront, cultural district, shops, dining, beaches & parks; highly sought-after dedicated parking; & central access to transit & major routes. The balanced floorplates (2,372sf per level) add flexibility for multiple tenancies or reconfiguration while keeping ownership & management simple under one title. The vacant, spacious lower level has a 1753 sf open area. The upper level is a separate civic address (525 Lawrence) but on the same legal title. Once used as offices & a separate tattoo studio, it has dedicated front & rear entrances. The prime location, dedicated parking, lane access, mixed-use zoning & dual addresses are an ideal non-stratified opportunity to add value & establish a presence in the thriving downtown core of Canada’s fastest-growing city. Call to view -- Bring and build your ideas! (id:63267)

Heidi Gross of RE/MAX Kelowna,
#10361812
updated 17 hours ago.
Houseful checked MLS® for data 17 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    Central air conditioning
  • Heat type
    Forced air
  • Sewer/ septic
    Municipal sewage system
Exterior
  • Fencing
    Not fenced
  • # parking spaces
    3
Location
  • Community features
    High traffic area
  • Subdivision
    Kelowna north
  • Zoning description
    Unknown
Lot/ Land Details
  • Lot desc
    Level
  • Lot dimensions
    0.08
Overview
  • Lot size (acres)
    0.08
  • Building size
    4745
  • Listing #
    10361812
  • Property sub type
    Other
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28826097/525-527-lawrence-avenue-kelowna-kelowna-north
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-4,133

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25 Years fixed, 20% down payment, % interest
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