LOADING

1912 Enterprise Way, Kelowna, British Columbia V1Y 9S9

Acreage

$11,500,000

This is a rare opportunity to acquire the majority of the strata lots at Mill Creek Crossing, a significant asset strategically located at the corner of Spall Road and Enterprise Way, just one block off of Highway 97. Strata lots 1, 3, 5 and 7 (of 7) are available to be purchased, all are currently leased. There is a path to upside relative to current cash flow, as well as longer term flexibility based on stratified structure. With cash flow diversified via 13 tenancies, vacancy is mitigated. See brochure. Features regarding the offering: Constructed in 2002, all space is finished and constructed to a high quality/function, a sub underground 54 stall parking structure is fully allocated as Limited Common Property for Strata Lot 1 (Strata Lot 1 is included in the sale package), an above ground 63 stall parking lot is designated as Common Property for all Strata Lots, several outdoor terraces (some of which are Common, some of which are Limited Common Property) and a nicely landscaped outdoor area off the north side, underground storage area of 1,245 square feet is fully allocated as Limited Common Property for Strata Lot 1, strata Lots 1, 3, 5 and 7 is currently demised as 14 units, leased to a total of 13 tenants (one tenant occupies two units), contributions have been made to the Stratas Contingency Reserve Fund in preparation for roof work in coming years. Property PID's as follows 025-519-310; 025-519-336; 025-519-352; 025-519-379 (id:45608)

Property Details

MLS® Number 10250962
Property Type Office
Neigbourhood Dilworth Mountain
Community Name Mill Creek Crossing
Amenities Near By Shopping, Public Transit
Community Features High Traffic Area
Features Central Location, Corner Site, Flat Site
Road Type Paved Road

Building

Constructed Date 2002
Type Offices

Land

Access Type Easy Access
Acreage Yes
Land Amenities Shopping, Public Transit
Size Irregular 1.4
Size Total 1.4 Ac|1 - 5 Acres
Size Total Text 1.4 Ac|1 - 5 Acres
Zoning Type Commercial Mixed Use

Utilities

Sewer Available

https://www.realtor.ca/real-estate/24295910/1912-enterprise-way-kelowna-dilworth-mountain

Interested?

Contact us for more information


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Meghan Cortese (O'mara)
Personal Real Estate Corporation

(250) 862-7038

Royal LePage Kelowna
#1 - 1890 Cooper Road
Kelowna, British Columbia V1Y 8B7

(250) 860-1100
(250) 860-0595

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