882 sqft
$575,000
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:63476)
Property Details
|
MLS® Number |
10375941 |
|
Property Type |
Business |
|
Neigbourhood |
Lumby Valley |
|
Parking Space Total |
6 |
Building
|
Constructed Date |
1945 |
|
Size Interior |
882 Sqft |
|
Type |
Other |
|
Utility Water |
Municipal Water |
Parking
Land
|
Acreage |
No |
|
Sewer |
Municipal Sewage System |
|
Size Irregular |
0.1 |
|
Size Total |
0.1 Ac|under 1 Acre |
|
Size Total Text |
0.1 Ac|under 1 Acre |