2418 Drought Road - Photo 1 of 28, West Kelowna, British Columbia
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$1,498,000

2418 Drought Road — West Kelowna, British Columbia

V4T1P6

3,000Sq Ft
9Parking
1995Built

About This Property

Mixed-use commercial/residential investment in downtown West Kelowna on a high-exposure corridor with excellent access, transit, amenities, and ample on-site parking. C1 zoning allows for a wide range of uses including medical, dental, legal, physio, chiropractic, childcare, education, restaurant, pub, retail, personal services, entertainment, and more, plus apartment or care facility development potential for long-term upside. Building totals approx. 2,680 sq ft with ~1,200 sq ft commercial space on the main floor and two residential suites above (~1,480 sq ft) providing diversified income. Ideal for an owner-operator to occupy the commercial unit while generating revenue from the residential units, or as a pure investment. The current owner is willing to lease back the commercial space at fair market rent, offering immediate stable income. Residential units Both on month-to-month tenancies: Suite 1: 2 bed, 1 bath, in-suite laundry, Suite 2: 1 bed, 1 bath, in-suite laundry. Extensively updated in 2019 with PEX plumbing, upgraded electrical service, two new furnaces, and newer A/C units, providing a low-maintenance, turn-key asset. Strong holding property with cash flow, flexible use options, and future redevelopment potential in a rapidly growing urban market. (id:63357)

Property Details

Property Type
Detached
Half Baths
0
Living Area
3,000 sqft
Year Built
1995
Status
Active

Location & Neighborhood

What's nearby 2418 Drought Road

Lifestyle Summary

At 2418 Drought Road in West Kelowna, your morning routine begins effortlessly with public transit just a stone's throw away. With the Old Okanagan at Drought bus stop a mere 1-minute walk, you can easily access the city and beyond, making your daily commute a breeze. Whether you're heading to work or exploring the local area, the convenience of transit ensures that you're always connected to the pulse of West Kelowna. After a quick ride on the bus, you might find yourself back home in time for a leisurely breakfast. Just a short stroll of 3 minutes brings you to Donna's Fresh Café, where the aromas of freshly brewed coffee and homemade pastries fill the air. Savor a delightful breakfast before heading out to enjoy the natural beauty surrounding your home. Eleanor Reece Park, located just 2 minutes away, offers a lush green escape, perfect for morning walks or afternoon picnics. If you're in the mood for a bite later, the nearby Wings West Kelowna is only 4 minutes from your door, serving up delicious comfort food in a casual atmosphere. When it’s time to run errands, you’ll be pleased to find essential shopping options just a quick jaunt away. No Frills is a 3-minute walk for your grocery needs, while Pharmasave is right next door for any pharmacy essentials. This convenience allows you to seamlessly incorporate errands into your daily life without the hassle of long drives or extensive planning. As the day winds down, consider unwinding at one of the local dining spots. Within a 5-minute walk, you can indulge in a hearty meal at MeiWei Chinese Cuisine or enjoy a warm cup of coffee at Starbucks. The local dining scene is rich with options, making it easy to enjoy a night out without ever needing to venture far from home. Living at 2418 Drought Road is not just about a home; it’s about embracing a lifestyle filled with convenience, nature, and flavorful experiences right at your doorstep.

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Last updated: Mar 2, 2026

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$1,498,000