For Sale · Hospitality

146 Rutland Road Road S Lot# 1, Kelowna

146 Rutland Road Road S Lot# 1, Kelowna, BC V1X2Z4

$225,000 total

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Asset Class

Hospitality

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

84%

Lot Size

0.03 ac

About this property

Own a fully renovated, family-run pizzeria in one of Rutland’s busiest areas. This local gem serves up classic pizzas with an Indian fusion twist—like butter chicken pizza, paneer tikka slices and other popular Indian snacks that set it apart from the usual. The interior has been recently renovated, giving the space a clean, updated look that’s ready for business from day one. With a growing customer base, on-site parking, and a renewable lease in place, this is a turnkey opportunity for the right buyer. Highlights: Freshly renovated interior Unique Indian fusion concept Loyal and growing clientele On-site customer parking Renewable lease All equipment and branding included Perfect for someone looking to step into a thriving small business without starting from scratch. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$225K
Down payment30% · $68K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$11K

Annual cash flow

$-1K

Cash-on-cash

-1.61%

DSCR

0.91

Going-in cap

5.06%

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

106,048

Households

40,087

Median income

$119,500

Median age

36.3

Daytime population

97,318

5-yr growth

7.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 146 Rutland Road Road S Lot# 1, Kelowna.

NDA required
  • 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.