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:41053)
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 |
https://www.realtor.ca/real-estate/29371229/2037-shuswap-avenue-lumby-lumby-valley