Any savvy investor knows the importance of diversifying his or her investment portfolio. One of the best ways to do that is to invest in commercial real estate in Kelowna. Over the years, Kelowna has shown that it is ripe for an infusion of different businesses. If you are keen on acquiring commercial property in Kelowna so you can start a business, know that you can always count on Kelowna Business Brokers.
As a leading commercial real estate brokerage, we have a great feel for the city of Kelowna. This, combined with our years of experience in the real estate industry, provides us with a unique perspective that always proves to be an advantage for our clients. We handle a wide variety of properties that can be converted into many different businesses. Some of those businesses include:
RETAIL STORES
Commercial properties can always be leased out to local entrepreneurs. Similarly, commercial spaces can easily be converted into restaurants and other point-of-service outlets. Simply let us know what kind of business you want to attract with your property investment and we’ll help you find the perfect one.
OFFICE SPACES
Looking to maximise your investment in a multi-floor commercial building? Why not lease out each floor as an office space? As one of the fastest growing cities in North America, Kelowna will surely see a spike in the demand for more office space. Depending on the size of your property, you can accommodate four or more companies in one property for better returns on your investment.
INDUSTRIAL SPACES
As the main hub of the Okanagan Valley, Kelowna is a great site for businesses in the industrial sector to set up shop—and you’re just the person to provide the space these businesses need. Aerospace development, video game development, IT firms and other businesses have begun to set their sights on Kelowna, making it a good idea to invest in properties that can accommodate their needs.
WHY INVEST IN COMMERCIAL REAL ESTATE:
STEADY INCOME
Commercial buildings offer investors a steady flow of income each month. Whether you are renting out your property to an office, retail store, or a manufacturer, you are assured that you will receive income from your tenants each month.
HIGHER RETURNS
If you are the type of investor who enjoys flipping properties for a profit, you’re in luck. Properties in a competitive and desirable market often yield more money than what you’ve spent. You can even maximise your returns by renting out your property for a few years before selling it.
LONGER LEASES
Commercial properties often enjoy the benefit of longer leases. This means more guaranteed money for you in the long run, especially when compared to the leases on residential real estate.
Kelowna Business Broker has numerous commercial properties for sale. If you would like to invest in commercial real estate, please do not hesitate to give us a call. We’re sure we can help you find the perfect investment property.
Kelowna Business Brokers has numerous listings on commercial real estate for investors who want to capitalise on the opportunities that the city offers.
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