
C/O 1890 Cooper Road Road Unit# 1, Kelowna, BC V1Y8M1
$159,900 total
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Asset Class
Retail
Size
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Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
97%
A rare opportunity to acquire a fully equipped restaurant on a prime location along one of Kelowna's major road and transportation corridors, with a great exposure and convenience to customers. This established restaurant has a long history of serving authentic Asian cuisine for the fast growing neighborhood. You can either carry on with the current business or bring your own offerings to the community. Floor area of 1,200sf with up to 40 seats is ideal size for many entrepreneurs. Food Primary Liquor license is transferable. Almost unlimited on-site parking provides opportunities for both dine-in and take out customers. Rapidly expanding and popular neighborhood with limited retail space offers both stability and growth potential for any restaurant businesses. For the Actual location and the info package, Confidentiality Agreement must be signed. (id:66811)
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Monthly debt service
$738
Projected NOI
$9K
Annual cash flow
$-251
Cash-on-cash
-0.52%
DSCR
0.97
Going-in cap
5.38%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
133,133
Households
47,399
Median income
$82,500
Median age
43.4
Daytime population
203,591
5-yr growth
3.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for C/O 1890 Cooper Road Road Unit# 1, Kelowna.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.