
CORNER OF WATER & BERNARD | PRIME SECOND FLOOR LEASING OPPORTUNITY
201 - 1517 WATER STREET | KELOWNA BC
Contact Listing Agent for Lease Rate
For Lease

The Opportunity
Located at Water Street and Bernard Avenue, this second-floor space offers an expansive open floor plan suited to a variety of uses, including professional office, boutique fitness, training facilities, and wellness operators.
The building has recently undergone a significant exterior renovation and is anchored on the retail level by flagship retailer Arc’teryx and a local favourite, Fancy’s Deli. With an upgraded façade and prominent Bernard Avenue frontage, the property delivers excellent signage exposure and high pedestrian and vehicular activity within the vibrant “Meet Me on Bernard” pedestrian zone.
This +/- 5,262 sq.ft second-floor space features exposed timber beams, expansive windows that bring in natural light, and secure fob-controlled access via both elevator and stairwell. Delivered in shell condition, it offers maximum flexibility to accommodate a fully tailored tenant build-out.
Demising and inducement options are available for qualified tenants.
Property Details
Address: |
201 - 1517 WATER STREET | KELOWNA BC |
Leasable Area: |
+/- 805 SF* |
# of Units: |
1+ |
Floor: |
SECOND |
Zoning: |
UC1 |
Parking: |
N/A |
Possession: |
Immediate |
Operating Costs: |
Contact Listing Agent |
Presented By

STEVE LAURSEN PREC
250.808.8101
stevelaursen@rlkcommercial.com

MORGAN ASLING
250.681.1871
Morganasling@rlkcommercial.com
Property Details
| MUNICIPAL ADDRESS’ | 201 – 1517 Water Street | Kelowna, BC |
| DEMISING OPTIONS | +/- 805 SF | +/- 3,768 SF |
| FULL FLOOR PLATE AVAILABLE | 5,262 SF |
| ZONING | UC1 | Urban Centre Commercial |
| POSSESSION | Immediate |
| LEASE RATE | Contact Listing Agent |
| NNN | Contact Listing Agent |

Features
- Corner of Water Street and Bernard Avenue in the centre of downtown Kelowna
- Flexible layout suitable for private offices, conference room, and reception
- Two common washrooms located on second floor
- Ample street and parkade parking in the surrounding area
- Outstanding signage opportunities
- Modern window upgrades maximize natural light
- Recent improvements to the elevator and interior common areas, including the lobby and staircase
Location Overview
Located at the intersection of Bernard Avenue and Water Street, 1517 Water sits at the heart of Kelowna’s most dynamic downtown corridor. The building’s street level is anchored by Arc’teryx, one of the area’s newest flagship retailers, joining a lineup of established neighbours such as Earls Kitchen + Bar, Deville Coffee, Craft Beer Market, Lululemon, and The District on Bernard. The property also benefits from proximity to key waterfront amenities including the Kelowna Downtown Marina, City Park, the Yacht Club, and the boardwalk.
Bernard Avenue is Kelowna’s most active pedestrian destination, drawing both residents and visitors year-round. In peak summer months, the corridor experiences 120,000+ weekly pedestrians and attracts more than 300,000 nightly visitors, making it one of the Okanagan’s most visible and high-traffic locations for businesses to thrive.
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