102 1350 St Paul Street, Kelowna
MLS® 10396878
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:36863)
Property Details
- Full Address:
- 102 1350 St Paul Street, Kelowna, British Columbia
- Price:
- $ 535,000
- MLS Number:
- 10396878
- List Date:
- August 6th, 2026
- Taxes:
- $ 5,913
Interior Features
Building Features
- Taxes:
- $ 5,913
- Stata Fees:
- $ 394
Floors
- Finished Area:
- 967 sq.ft.
Land
Neighbourhood Features
Ratings
Commercial Info
Location
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