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591 Bernard Av
Kelowna, BC V1Y 6N9

$2,808,910 USD

Storefront Condo For Sale  •  8,206 SF

Property Details

  • Property Type Storefront
  • Total Building Size 14,776 SF
  • Lot Size 0.2 AC
  • Building Class B
  • Year Built 2000
  • Tenancy Multiple
  • Zoning UC1
40 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 528 Retail 8,206 SF $2,808,910 USD
  • Unit Size: 8,206 SF
  • Condo Use: Retail
  • Price: $2,808,910 USD
  • Sale Type: Owner User
  • Price/SF: $342.30 USD
Sale Notes
This income-producing property offers an exceptional investment opportunity in the heart of Downtown Kelowna’s thriving commercial district. Located along Bernard Avenue, the city’s primary retail corridor, the property provides secure cash flow and excellent development potential under the UC1 Downtown Urban Centre zoning. 

Situated just steps from Lake Okanagan, the Bernard Block master development, and the upcoming UBCO Downtown Campus, this location benefits from high pedestrian traffic and robust demand drivers. The site features a generous 0.21-acre lot with an 8,206 SF building and rear garage access, making it functional for current operations and future growth.

Description 

The property at 528-534 Bernard Avenue is located in Downtown Kelowna on a 0.21-acre site. It is improved with an 8,206-square-foot single-storey commercial building and currently accommodates multiple tenants. The zoning designation is UC1 Downtown Urban Centre, which permits substantial mixed-use redevelopment density, including up to 26 storeys plus bonus provisions. The site has rear garage access and is situated within walking distance of Lake Okanagan, Bernard Block, and the upcoming UBC Okanagan downtown campus.

Highlights

Close proximity to the new Bernard Block development and UBC-Okanagan’s new Downtown Campus
Downtown Kelowna is home to more than 74 restaurants, 6 childcare facilities, 12 fitness centres and 17 cafes
UC1 Zoning allows up to 26 storeys (7.2 FAR) + 14 bonus storeys making this a great long-term hold
Less than a 5-minute walk to Lake Okanagan, the new Marina, and Bernard Block development
Close proximity to UBCO Downtown Campus, major financial institutions, and luxury residential projects

Property Flyers

Amenities

  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Kelowna International 20 min - 9.6 mi
Jeff Hudson 250-712-3130 HM Commercial Group
Jeff Hudson 250-712-3130 HM Commercial Group