A fantastic income producing, 9,072 SF industrial and commercial building in Downtown Kelowna’s North End with a diversified tenant base. 7 fully leased tenant spaces with annual lease escalations provide a stable income stream and increasing returns year-over-year. Offered at a stabilized CAP rate of 6.13% for 2025, increasing to 6.46% on 2026 rents. Building is approx. 9,072 SF on a 0.395 acre lot, with frontage along Gordon Drive. Desirable central location downtown just north of Clement, in the trendy Brewery District area, with walkable access to numerous amenities. Located within the city’s North End Neighbourhood Plan, makes this an attractive long term hold with future redevelopment potential. The site is zoned I1 Business Industrial with a special allowance for up to 2.4 FAR (1.2 FAR normally). Extensive upgrades and renovations have been completed to both the interior and exterior of the building from 2022-2024, including updates to the electrical, HVAC, water service, roof, fence, parking lot, and more. Excellent tenant mix including: Kelowna Rocks & Gems, Buffalo Rouge Brewing Company, 1120 Rock Club, Old Car Jack, BTG Brands, and Kelowna Car Care Centre. Access and parking easements and/or agreements will be required for the property, to accommodate use and access on adjacent lots. Rear fence line includes an access easement area of neighbouring property at 1140 Brant Avenue, which is also available for sale - see MLS #10353807.