2540 Ross Rd, West Kelowna

$2,500,000For Sale

OPPORTUNITY

The offering has been owned by the same family since mid 1970. In 1978 they began constructing concrete block buildings for industrial tenants. Today the site consists of three separate buildings, fully leased on a one-acre site. The very long-term tenants have enjoyed below market rents and continue to do so. Two leases are annual. One lease expires October 31st, 2022. The other March 31st, 2023. The third lease is month to month. Excellent value is in site redevelopment. 

LOCATION

This West Kelowna industrial / strata area is undergoing expansion and re-development, with neighbouring site improvements currently underway. Easy access with a light controlled, turning lane from Highway 97 allows for quick and easy routing north to Kelowna and south the Penticton and the US boarder. 

 


2540 Ross Rd, West Kelowna

  • MLS #10255440
  • Lot Size1 Acre parcel: 339' Depth x 132' Frontage

CIVIC DESCRIPTION

2540 Ross Road, West Kelowna Lot: C,
Plan: KAP23502, DL: 506, LD: 41 ODYD
PID: 006-382-851 

PROPERTY DETAILS

Zoned: I1
1 Acre parcel: 339' Depth x 132' Frontage
Level, fully serviced*
Environmental Phase 1 Study currently underway 

KEY FEATURES 

  • Zoned I1 - General Industrial 
  • Current building sizes (all approximate): 
  • 1200 sq' 
  • 3200 sq' 
  • 5200 sq' 
  • Long Term Tenants: Adams Construction | Do All Automotive 
  • Torch on Roofing (Adams Construction building currently being re-roofed. Second structure roof updated in 2018 apprx.
  • Rear building updated in 2020 
  • Natural gas, forced air suspended heating 
  • Loading at grade 
  • Current tenants use very little water 
  • Currently serviced by septic with sewer at the lot line & hook up