Investor Alert! Below tax assessment. Long term Tenant in place offering ~5.4% CAP at ask on this High profile and very solid concrete construction office building within Kelowna's central business and cultural district situated directly across from the Kelowna Transit hub as well as many Restaurants, City Hall, The Court House, Community Theatre, the Rotary Centre for the Arts and is only a 2-block walk to Okanagan Lake. The strata unit is demised into 3 separate units with a total of ±2996 square feet of rentable space located on the main floor of the Ellis Place building. It has 6 on-site parking stalls. Planned renovations to common areas and exterior to update and beautify the building.