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Kelowna 4,320 square feet of retail sells for $1.8 million

Retail building with three units on a 0.16-acre lot in Rutland community sold for nearly $800K over its BC Assessment value.
MCL Real Estate Group – Re/Max Kelowna, Kelowna, B.C., for Western Investor
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MCL Real Estate Group – Re/Max Kelowna, Kelowna, B.C., for Western Investor

Property type: Retail

Location: 205-209 Asher Road, Kelowna, B.C.

Number of units: 3

Property size: 4,320 square feet

Land size: 7,086 square feet

Land size in acres: 0.16 acres

Zoning: C4 (Urban Centre Commercial)

BC Assessment value: $1.09 million

List price: $1.89 million

Sale price: $1.80 million

Date of sale: August 12, 2022

Brokerage: MCL Real Estate Group – Re/Max Kelowna, Kelowna B.C.

Broker: Kris McLaughlin