1/101166 8TH Street, Kamloops
1166 8TH Street, Kamloops, BC V2H1T7
$1.1M total
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Asset Class
Hospitality
Size
—
Building class
C
Zoning
CHY — Highway Corridor
$ / SF
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Occupancy
83%
Lot Size
0.13 ac
About this property
Rare opportunity to acquire a fully turnkey, well-established restaurant business including the property. Situated on a 5,752 sq. ft. corner lot with desirable C-6 zoning, this offering features approximately 2,000 sq. ft. of efficient dining and kitchen space, ideal for an owner-operator or investor looking for immediate income potential. The business boasts a proven track record, having operated successfully for over 27 years, including 12 years at its current location. It is a recognized and highly regarded establishment within the community, supported by a strong and loyal customer base. The seller is retiring and is committed to ensuring a seamless transition, offering three full months of training to the purchaser. Share sale only. Please do not approach staff or anyone on the premises. All showings and inquiries must be arranged through the listing agent by appointment only. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$58K
Annual cash flow
$-3K
Cash-on-cash
-0.84%
DSCR
0.95
Going-in cap
5.29%
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
52,017
Households
20,563
Median income
$102,000
Median age
32.5
Daytime population
57,924
5-yr growth
7.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1166 8TH Street, Kamloops.
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.