Downtown Kelowna retail units, apartment building sells

Storefronts, building sells

The Western Investor is reporting a pair of significant recent real estate transactions in Kelowna.

Roughly 4,900 square feet of retail space downtown at 453-459 Bernard Avenue recently sold for $2.06 million, in a deal brokered locally by William Wright Commercial.

The two retail units are currently occupied by a florist and shoe store.

Just south, on the other side of Highway 97, the 30-unit apartment building at 543 Rowcliffe Avenue has recently sold for $6.39 million.

The off-market deal saw the 50-year-old apartment building on a 0.40 acre lot change hands for $213,167 per unit. The sale was brokered by Cushman & Wakefield in Vancouver.

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