About this home
5 Stars Auto Repair shop business is available in Kelowna. Approx. 2,403 SqFt space, located on banks Rd in a high-traffic commercial area. Major retailers such as Canadian Tire, Walmart, Home Depot, and Costco are all nearby, along with surrounding residential communities. With minutes drive to Orchard Park Shopping Centre, the largest mall in the Okanagan, providing strong and consistent traffic exposure. 2 full time mechanics are working there, full equipment for auto shop and office. Current lease until December 31, 2027, landlord is willing to sign a new lease. Over $500,000 annual revenue, lots of potential. Rear opportunity for people who are looking for profitable mechanic shop to run in such busy center of Kelowna. Call for more details!
Highlights & things to check
Highlights
- Approx. 2,403 sq ft space, built in 1986, with municipal water and sewer.
- Per the listing, the current lease runs until December 31, 2027, and the landlord is willing to sign a new lease.
- Per the listing, the sale includes an operating auto repair shop with two full-time mechanics, equipment and an office.
- Springvalley Elementary School is 220 m away, the town centre 2.3 km, and Kelowna General Hospital 5.2 km.
Things to check
- Ask for the actual property tax and any strata or building fee amounts, as the listing does not show them.
- Confirm that the zoning allows an auto repair use at this address.
- Ask for the terms of any new lease after December 31, 2027, and review the current lease before relying on its income.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Living at 495 Banks Road Unit# 7
Neighbourhood scores
7.5 / 10Walk & bike score: 5.7 / 10, from how close the nearest school, park or trail, rec centre and town centre are.
Family Home Match
Everyone in the family marks what matters to them (Skip, Nice or Must), and every home gets a match score. Kids too.
Set up my family’s matchYour answers stay on your phone or computer.
Scores and distances are Sean Phillips’s own measure of straight-line distance from this home to public B.C. map data (schools, parks and trails, lakes, town centres, rec centres, hospitals). They are not part of the MLS® listing; please check anything that matters to you.
Distances from the front door
Straight-line distances. Driving distances are longer.
Property details
- Price
- $399,000
- MLS® number
- 10390020
- Property type
- Commercial · Other · Industrial
- Year built
- 1986
- Community
- Springfield/Spall, Kelowna
Features
- Water
- Municipal water
- Sewer
- Municipal sewage system
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