MLS® 10372891

Hospitality for Sale — Kelowna South, Kelowna, BC

$299,000

1553 Harvey Avenue Unit# A, Kelowna, BC V1Y6G1

83
Walk Score
56
Transit
98
Bike
Walk Score® by Redfin
For SaleTurnkeyOwner-Operator
83
Walk Score
56
Transit
98
Bike
Walk Score® by Redfin

Property details

Structured details

Structure type
Other
Water source
Municipal water
Sewer
Municipal sewage system

Listing Information

MLS®
10372891
Listed
January 20, 2026
Time on market
237 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Well-established, profitable restaurant business offered as a confidential asset sale in a prime, central Kelowna location. Fully turnkey operation with strong repeat clientele, multiple revenue streams, trained staff, and proven systems in place. Favourable long-term lease, modern build-out, and well-maintained equipment. Ideal for owner-operator or hospitality group seeking a proven business with growth potential. Strict confidentiality required. No identifying details released without signed NDA. Financials available to qualified buyers only. (id:63159)

Financing calculator

Estimate your monthly payment on the $299,000 asking price.

Financing details
Monthly debt service
$2,902
Cash required at close
$84,800
DSCR
Cash-on-cash return (yr 1)

Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.

Location

Local market size (Kelowna)

Population
144,576(+13.5% since 2016)
Population density
682.4/km²
Median household income
$82,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
25.3%
Postsecondary below bachelor's
32.7%
High school diploma
30.3%
No certificate/diploma
11.7%

Population aged 15 and over.

Commute

Car, truck or van
84.3%
Public transit
4.0%
Walked
6.4%
Bicycle
2.7%
Other
2.6%

Commute duration

Under 15 min
41.2%
15–29 min
43.5%
30–44 min
9.8%
45–59 min
2.4%
60+ min
3.1%

Employed labour force with a usual workplace.

Mother Tongue

English82.6%
Punjabi (Panjabi)2.1%
German1.9%
French1.5%
Spanish0.9%
Tagalog (Pilipino, Filipino)0.9%
Mandarin0.7%
Russian0.5%
Italian0.4%
Korean0.4%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Browns Social House - Harvey · 1544 Harvey Avenue106m
  • umé · 1470 Harvey Avenue202m
  • K-Town Pizzeria · 1470 Harvey Avenue203m
  • Noodlebox214m
  • Mid-Town Station Kitchen + Drink · 1615 Dickson Avenue226m

Cafes (3)

  • Bean Scene252m
  • Bright Jenny Coffee673m
  • 350 Bakehouse and Cafe · 1892 Spall Road745m

Grocery (2)

  • Bulk Barn93m
  • Peter's Your Independent Grocer · 1835 Gordon Drive769m

Parks (5+)

  • Sutherland Avenue Recreation Corridor70m
  • Richmond Park486m
  • Mary Ann Collinson Memorial Park543m
  • Pacific Court Park558m
  • Duggan Park589m

Gyms (3)

  • Flow Academy155m
  • Invati Yoga+Wellness260m
  • GoodLife Fitness691m

Banks & ATMs (3)

  • Coast Capital Savings · 1544 Harvey Avenue101m
  • Buster's Pizza & Donair - Kelowna - Bitcoin Well ATM · 1607 Sutherland Avenue189m
  • BMO778m

Healthcare (1)

  • Foundry Kelowna · 1815 Kirschner Road544m

Nearby places data: © OpenStreetMap contributors.

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Other commercial property types for sale in Kelowna

Frequently asked questions

What is the asking price for this business?

The asking price is $299,000.

Where is this business located?

This listing is located in Kelowna, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.