1553 Harvey Avenue Unit# A, Kelowna
1553 Harvey Avenue Unit# A, Kelowna, BC V1Y6G1
$299,000 total
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Asset Class
Hospitality
Size
—
Building class
B
Zoning
CHY — Highway Corridor
$ / SF
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Occupancy
84%
About this property
Well-established, profitable restaurant business offered as a confidential asset sale in a prime, central Kelowna location. Fully turnkey operation with strong repeat clientele, multiple revenue streams, trained staff, and proven systems in place. Favourable long-term lease, modern build-out, and well-maintained equipment. Ideal for owner-operator or hospitality group seeking a proven business with growth potential. Strict confidentiality required. No identifying details released without signed NDA. Financials available to qualified buyers only. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$15K
Annual cash flow
$-2K
Cash-on-cash
-1.90%
DSCR
0.90
Going-in cap
4.97%
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.
Area demographics
Trade area within 3 miles of the property.
Population
143,887
Households
56,463
Median income
$119,500
Median age
35.8
Daytime population
141,643
5-yr growth
8.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1553 Harvey Avenue Unit# A, 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.