- ©MLS 10375066
- Area 882 sq ft
- Parkings 6
Description
Well-established and highly successful pizza business offered for sale together with the building. Located in a prime, high-traffic area of Lumby, this long-standing local favourite benefits from strong community support, steady foot traffic, and consistent school lunch demand. Impressive 3-year normalized cap rate of 6.24%, providing reliable and proven returns. Sale includes the operating business, equipment, fixtures, and the commercial building — offering long-term security and control of the asset. The property also features a spacious 2-bedroom residential suite above the restaurant, ideal for an owner-operator or staff accommodation. A rare opportunity to acquire both a profitable business and the real estate in a growing North Okanagan community. (id:48970) Show More
Details
- Constructed Date: 1945
- Property Type: Other
- Type: Residential Commercial Mix
- Neighbourhood: Lumby Valley
Features
- Forced air
- See remarks
Location
Similar Properties
For Sale
$ 525,000 $ 510 / Sq. Ft.
- 10342669 ©MLS
- 0 Bedroom
- 0 Bathroom
For Sale
$ 449,000 $ 521 / Sq. Ft.
- 10329397 ©MLS
- 0 Bedroom
- 0 Bathroom
For Sale
$ 699,900 $ 249 / Sq. Ft.
- 10388927 ©MLS
- 4 Bedroom
- 2 Bathroom
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association
Data provided by: Okanagan-Mainline Real Estate Board