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1912 Enterprise Way,
Dilworth Mountain Kelowna V1Y9S9

$11,500,000
Office built: 2002

Main Photo: 1912 Enterprise Way, in Kelowna: Office for sale : MLS®# 10250962
Photo 1: 1912 Enterprise Way, in Kelowna: Office for sale : MLS®# 10250962
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Photo 26: 1912 Enterprise Way, in Kelowna: Office for sale : MLS®# 10250962
Status:
Active
Prop. Type:
Office
MLS® Num:
10250962
Year Built:
2002
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:2493)
Property Type:
Office
Transaction Type:
For sale
Community:
Dilworth Mountain, Mill Creek Crossing
Amenities:
Shopping, Public Transit
Features:
Central location, Corner Site, Flat site
Community Features:
High Traffic Area
Building Type:
Offices
Utilities:
Sewer - Available
Age:
20 years
Fireplace:
No
Land Amenities:
Shopping, Public Transit
Road Access:
Easy access
Acreage:
Yes
Lot Size:
1.4 acre(s)
Lot Size:
1.4 ac|1 - 5 acres
Lot Details:
1.4
Road Surface:
Paved road
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Listed by Royal LePage Kelowna
Data was last updated May 23, 2022 at 12:45 AM (UTC)
Sage Executive Group
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.