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

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)

More Info on this Kelowna North Retail MLS® listing

1350 St Paul Street Unit# 102 is a retail listing for sale in Kelowna. The MLS® number is 10396878. It covers 967 square feet. It's currently listed for $535,000. For more details on MLS® 10396878, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This retail listing in Kelowna North is available now!

Selling your Kelowna North Retail property?

Have a similar home to 1350 St Paul Street Unit# 102? If you’re thinking about selling your Kelowna North retail property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Kelowna property.

Listing Map