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1936 Summit Drive
Out of Town Kelowna V1V 2P5

$2,600,000
Commercial

Screenshot 2025-05-30 at 8.50.37 AM copy
Status:
Sold
Prop. Type:
Commercial
MLS® Num:
10338514
Located in Kelowna’s sought-after Dilworth Mountain area, this 2,531 SF freestanding strata CRU with one of the only drive-thrus in Glenmore presents an exceptional income- producing opportunity. Currently tenanted by DQ Franchisee, the property offers a stabilized Year 1 NOI of $107,482 and a cap rate of 4.13%. Zoned C2dt-rcs, the site supports a variety of uses, including drive-through and retail cannabis sales. Positioned minutes from downtown Kelowna and major retail centres, the location benefits from high traffic exposure and convenient access to key amenities. This prime asset combines stable cash flow with long-term upside potential in one of Kelowna’s most well-connected neighbourhoods.
Price:
$2,600,000
Property Type:
Commercial
MLS® Num:
10338514
Status:
Sold
  • Photo 1: 1936 Summit Drive in Kelowna: Retail for sale (Out of Town) : MLS®# 10338514
    Screenshot 2025-05-30 at 8.50.37 AM copy
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Listed by DEXTER REALTY
Data was last updated June 12, 2025 at 04:40 PM (UTC)
DAVID YOUNG
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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