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Home BC Greater Kelowna Kelowna Central City Midtown
1890 Cooper Road Unit# 1
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1890 Cooper Road Unit# 1 $399,000
$399,000
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1890 Cooper Road Unit# 1
Kelowna, British Columbia V1Y8B7

MLS® Number: 10335001

Listing Description

This well established Exotic restaurant is an exceptional value. Currently, the business enjoys a strong clientele, with a reputation for high-quality fresh dining. Originally a 24-seat restaurant, the venue has expanded by adding an additional 30 outdoor seats with a covered and heated space, for use all year round. Owner further wants to add another 25 seats by building a mezzanine floor. The restaurant is equipped with modern, state-of-the-art kitchen equipment (established 2022), and offers the potential to provide catering services, delivery systems and other growth opportunities. Located in a high-traffic area surrounded by offices, the restaurant sees a busy lunchtime trade, catering to both dine-in patrons and takeaway orders. With only five days of operation per week, the opportunity to expand to seven days can increase revenue. Priced at only $399,000, this is an opportunity that offers incredible value. It will cost more than asking price to establish such a restaurant in 2025. With rent at just $3,570 per month, all-inclusive, the location provides a cost-effective advantage that is difficult to match. Please note the sale only includes asset, and not the brand and trademark. Brand and Inventory would be additional. Full financials, a list of equipment, and further details will be provided upon signing of a non-disclosure agreement and after touring the restaurant. This is truly a once-in-a-lifetime opportunity for the right buyer. (38239825)

Property Summary

Property Type
Retail
Building Type
Retail
Neighbourhood Name
Springfield/Spall
Land Size
under 1 acre
Total Parking Spaces
3
Time on REALTOR.ca
54 days

Building

Bathrooms
Partial
0
Building Features
Present Use
Restaurant
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Parking
Total Parking Spaces
3

Measurements

Square Footage
1215 sqft

Land

Other Property Information
Zoning Type
Unknown
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6
Sam Belete