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Home BC Greater Kelowna Kelowna Rutland
195 & 301 33 Highway W
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195 & 301 33 Highway W $37,500,000
$37,500,000
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195 & 301 33 Highway W
Kelowna, British Columbia V1X1X8

MLS® Number: 10349613

Listing Description

Plaza 33, a well-established, income-producing shopping centre strategically located along Highway 33 in Kelowna, BC. This highly visible and accessible property serves as a key commercial hub for Rutland. Over 85% of the leasable area is occupied by AAA national and regional tenants, including Save-on-Foods, Shoppers Drug Mart, TD Bank, RBC, Pizza Hut, Hub Insurance, Dynacare Valley Medical Lab and the Okanagan Regional Library. This exceptional tenant mix ensures stable, diversified income and minimal vacancy risk. In addition to its strong cash flow, Plaza 33 offers significant long-term upside. The City of Kelowna's OCP 2040 supports the development of a twelve-storey building on the site, providing excellent potential for future redevelopment and capital appreciation. (38723779)

Property Summary

Property Type
Retail
Building Type
Retail
Neighbourhood Name
Rutland South
Title
Freehold
Land Size
4.93 ac|1 - 5 acres
Built in
1970
Annual Property Taxes
$356,755
Parking Type
Parkade
Time on REALTOR.ca
24 days

Building

Bathrooms
Partial
0
Heating & Cooling
Cooling
See Remarks
Heating Type
Other
Utilities
Utility Type
Electricity (Available), Natural Gas (Available), Telephone (Available), Sewer (Available), Water (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Other
Parking
Parking Type
Parkade
Total Parking Spaces
298

Measurements

Square Footage
85335 sqft

Land

Other Property Information
Zoning Type
Commercial
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6
Praveen Bajaj