About this home
Rare opportunity to acquire the business assets of an established restaurant in Kelowna’s desirable Landmark District. The turnkey restaurant occupies approximately 1,206 SF with approximately 48 seats, offering a functional dining area, commercial kitchen, fixtures, equipment and existing restaurant improvements. The sale provides an excellent opportunity for an owner-operator, chef, or hospitality group to take over an existing restaurant space with the infrastructure already in place. Current lease provides for base rent plus operating costs, with renewal options available. The premises also include access to three unreserved parking stalls during the initial lease term. Well-positioned for an operator seeking a turnkey restaurant opportunity in a central Kelowna location. Contact listing representative for further information and showing instructions.
Highlights & things to check
Highlights
- The listing describes about 1,206 square feet with about 48 seats, a commercial kitchen, and fixtures and equipment.
- Per the listing, the current lease provides for base rent plus operating costs, with renewal options available.
- Per the listing, the premises include three unreserved parking stalls during the initial lease term.
- Kelowna General Hospital is about 2.3 km away, and Okanagan Lake about 2.7 km, straight-line.
Things to check
- Ask for the actual base rent, operating cost amounts, and lease expiry and renewal terms before making any decisions.
- Ask what parking arrangements apply after the initial lease term, since the listing lists parking as street and other.
- Ask for a written list of the fixtures, equipment and improvements included in the business sale.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Living at 1886 Dayton Street
Neighbourhood scores
7.7 / 10Walk & bike score: 3.8 / 10, from how close the nearest school, park or trail, rec centre and town centre are.
Family Home Match
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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
- $265,500
- MLS® number
- 10399897
- Property type
- Commercial · Retail
- Ownership
- Leasehold
- Community
- Springfield/Spall, Kelowna
Features
- Parking
- Other, Street
- Water
- Municipal water
- Sewer
- See remarks
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