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Mixed-Use Building with Apartments
For Sale
$1,474,000

2418 Drought Road, BC

West Kelowna, BC

Property Size2,680 SF
Price / SF$550
Days on Market126

Property Features for 2418 Drought Road

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active

Amenities

in-suite laundry

Building Details

Year built 1995
Listing Agency: Engel & Volkers South Okanagan · Engel & Völkers
Listed By: Jonathan Wall
Added: Jun 12 Changed: Oct 10 Last Checked: Oct 15 at 10:06AM
MLS# 10387141

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The 1995 mixed-use building at 2418 Drought Road contains approximately 2,680 sq ft. Its main floor has about 1,200 sq ft of commercial space, with two residential suites totaling roughly 1,480 sq ft above. One apartment has two bedrooms and one bathroom; the other has one bedroom and one bathroom. Both include in-suite laundry and are on month-to-month tenancies. Updates completed in 2019 included PEX plumbing, upgraded electrical service, two furnaces, and newer A/C units.

The property is in downtown West Kelowna along a high-exposure corridor, with access to transit and amenities and on-site parking. C1 zoning supports a range of commercial uses, including medical, retail, restaurant, childcare, and personal services, as well as residential uses.

Key Highlights

  • Approx. 2,680 sq ft building with about 1,200 sq ft of commercial space and ~1,480 sq ft of residential suites
  • Two apartments: one with 2 bedrooms and 1 bathroom; one with 1 bedroom and 1 bathroom
  • Both residential suites have in‑suite laundry and month‑to‑month tenancies

Property Analytics

Current Use

Mixed-use properties

Lease Details

2
Residential units
Multi-tenant
Tenancy

Market

Vacancy Rate% for Multifamily in the U.S.

7.1% 2022
8.3% 2023
9.3% 2024
9.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A ground-floor commercial space and two occupied residential suites combine business space with rental housing.
Where is this mixed-use property located?
The property is located at 2418 Drought Road BC.
What is the asking price?
The asking price for this property is $1,474,000.
What are key features of this property?
This property features: Approx. 2,680 sq ft building with about 1,200 sq ft of commercial space and ~1,480 sq ft of residential suites; Two apartments: one with 2 bedrooms and 1 bathroom; one with 1 bedroom and 1 bathroom; Both residential suites have in‑suite laundry and month‑to‑month tenancies
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