- For Lease $28.00/SF/MO
- Property Type Retail
- Property Size 4,395 SF
- Property Tenancy Single Tenant
- Date Updated Apr 18, 2025
Reach out to the broker for more info on lease terms and amenities
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Spaces Available
The Wedge |
Brand new commercial building for lease at the Gateway to Downtown Kelowna. “The Wedge” is a single tenant, commercial building located atthe corner of Water St and Leon Ave. Currently under construction this unique building will offer a total of +/- 4,395 SF including +/-2,448 SF ofinterior commercial space and +/-1,947 SF of roof top patio. Main floor space includes an inviting entry way, a large open area opening to the2nd floor and 2 roll-up overhead doors. There is office space on the 2ndfloor and a spectacular roof-top patio with outstanding views of thedowntown area. Building has 2 internal staircases and elevator access including to the roof-top patio. Due to the unique location and nature ofthe building there is no dedicated parking available. Anticipated completion is Fall 2024.
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Contacts
Location
Getting Around
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Walk Score ®
96/100 Walker's Paradise
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Transit Score ®
59/100 Good Transit
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Bike Score ®
98/100 Biker's Paradise
- City Kelowna, BC
- Neighborhood Downtown Kelowna
- Postal Code 188
Points of Interest
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Shell
0.31 miles
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Petro-Canada
0.38 miles
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Canco
0.91 miles
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Chevron
1.24 miles
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Tesla Supercharger
1.79 miles
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Esso
1.92 miles
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Electrify Canada
3.06 miles
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Chapman Parkade
0.06 miles
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Impark
0.11 miles
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Queensway Street Parking
0.21 miles
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Memorial Parkade
0.29 miles
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Water Street Boat Launch
0.41 miles
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Library Plaza Parkade
0.41 miles
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The Delta Grand Hotel & Casino Parkade
0.54 miles
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Prospera Place Parking
0.56 miles
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Kelowna General Hospital Parking
0.76 miles
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West Parkade
0.81 miles
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KRAFTY kitchen + bar
0.09 miles
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Yamas Greek Taverna
0.12 miles
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Raudz
0.12 miles
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Social 242 Lounge & Grill
0.12 miles
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OEB
0.13 miles
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Micro Bar
0.13 miles
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Pilgrim & Pearl
0.13 miles
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Antico Pizza Napoletana
0.13 miles
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West Coast Grill & Oyster Bar
0.13 miles
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Bernies
0.13 miles
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Safeway
0.32 miles
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Nester's Market
0.90 miles
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Peter's Your Independent Grocer
0.95 miles
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Bulk Barn
1.35 miles
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Lakview Market
1.52 miles
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Urban Fare
1.69 miles
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Save-On-Foods
1.76 miles
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Springfield Bulk Foods
1.92 miles
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Dollar Store
2.04 miles
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Orchard Plaza Mall
2.28 miles
Frequently Asked Questions
The asking price for retail space at 1659 Water Street is $28.00/SF/MO. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.
The property has 4,395 square feet of rentable Retail space. Rental opportunities here are available under NNN lease terms.
The building accommodates a Single Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.
Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 1659 Water Street. You can find 6 parking option(s) and 2 fuel station(s) within a 0.5-mile radius.
No, there are no spaces zoned for retail activities within a 0.5-mile radius around 1659 Water Street.
The property is part of Downtown Kelowna, which is home to 7 other retail listings.
Other popular areas for retail businesses in Kelowna include Downtown Kelowna, Landmark - Fisher North, Uptown Rutland.
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

RE/MAX Kelowna