195 & 301 33 Highway WKelownaBritish ColumbiaV1X1X8

Plaza 33, a well-established, income-producing shopping centre strategically located along Highway 33 in Kelowna, BC. This highly visible and accessible property serves as a key commercial hub for Rutland. Over 85% of the leasable area is occupied by AAA national and regional tenants, including Save-on-Foods, Shoppers Drug Mart, TD Bank, RBC, Pizza Hut, Hub Insurance, Dynacare Valley Medical Lab and the Okanagan Regional Library. This exceptional tenant mix ensures stable, diversified income and minimal vacancy risk. In addition to its strong cash flow, Plaza 33 offers significant long-term upside. The City of Kelowna's OCP 2040 supports the development of a twelve-storey building on the site, providing excellent potential for future redevelopment and capital appreciation. (id:35966)

Listing Details

Property Details

Full Address:
195 & 301 33 Highway West, Kelowna, British Columbia
Price:
$ 37,500,000
MLS Number:
10349613
List Date:
May 27th, 2025
Neighbourhood:
Rutland South
Lot Size:
4.93 ac
Year Built:
1970
Taxes:
$ 356,755

Interior Features

Air Conditioning:
See Remarks
Heating:
Other

Building Features

Sewer:
Municipal sewage system
Water:
Municipal water
Zoning:
Commercial
Exterior:
Other
Garage:
Parkade
Garage Spaces:
298
Ownership Type:
Freehold
Taxes:
$ 356,755

Floors

Finished Area:
85335 sq.ft.

Land

Lot Size:
4.93 ac

Neighbourhood Features

Ratings

Commercial Info

Location

Neighbourhood Details