Retail for Sale — Kelowna North, Kelowna, BC
$820,000
1630 Pandosy Street Unit# 101, Kelowna, BC V1Y1P7
Property details
Structured details
- Structure type
- Retail
- Parcel ID (PID)
- 027-437-558
- Strata/association fee
- $1,300/monthly
- Parking
- 3 spaces
- Water source
- Municipal water
- Sewer
- Municipal sewage system
From the listing remarks
- Licence type
- liquor primary
Stated by the listing brokerage in the remarks; not verified. Hover a value to see the exact sentence it came from.
Listing Information
- MLS®
- 10390550
- Listed
- June 8, 2026
- Time on market
- 98 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Rarely Available Commercial Retail Strata Unit in Downtown Kelowna. A unique opportunity to own a commercial retail strata unit in the highly desirable, character-filled Worman built building in downtown Kelowna. Featuring over 1,350 square feet of bright, open space, this unit offers excellent street appeal and is perfectly positioned on Pandosy Street, capturing high foot traffic for exceptional visibility. A rare chance to become your own landlord, this property provides an opportunity to build equity in one of Kelowna’s most vibrant locations. This retail strata unit is being sold alongside the established onsite dining and cocktail lounge with a rare Liquor Primary License, The Ricco Room, creating an exceptional turnkey business acquisition. The Ricco Room has developed a strong reputation as a premier destination with its tropical-inspired decor, curated food menu, and expertly crafted cocktails. Together, the strata unit and business offer a ready-to-operate, revenue-generating opportunity with tremendous growth potential in a high-demand area. The business must be purchased with the strata unit. (id:63159)
Financing calculator
Estimate your monthly payment on the $820,000 asking price.
Financing details
- Monthly debt service
- $7,959
- Cash required at close
- $189,000
- 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
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Momo Sushi Downtown · 377 Bernard Avenue64m
- The Bread Company · 363 Bernard Avenue68m
- Bernies · 353 Bernard Avenue73m
- Antico Pizza Napoletana · 347 Bernard Avenue78m
- OEB84m
Cafes (5+)
- Pulp Fiction Coffee House · 1598 Pandosy Street11m
- O-Lake Cafe & Bistro40m
- Deville Coffee Bernard57m
- Blenz Coffee · 297 Bernard Avenue128m
- Switch Cafe138m
Grocery (2)
- Safeway · 697 Bernard Avenue422m
- GetintheLoop Grocery · 1353 Ellis Street513m
Shopping (1)
- The Core on Ellis · 1353 Ellis Street526m
Parks (5+)
- Kerry Park278m
- Stuart Park380m
- City Park540m
- Rowcliffe Park · 1850 Richter Street585m
- Lake Avenue Beach Access765m
Gyms (4)
- BarreRoom · 410 Bernard Avenue105m
- SPIN co · 410 Bernard Avenue106m
- Life Aesthetics Online Coaching · 1435 Water Street279m
- Move & Flow · 589 Lawrence Avenue353m
Pharmacies (3)
- Pharmasave291m
- Shoppers Drug Mart · 597 Bernard Avenue364m
- Pharmasave · 505 Doyle Avenue365m
Banks & ATMs (5+)
- Unnamed103m
- CIBC · 328 Bernard Avenue130m
- Unnamed135m
- Scotiabank · 488 Bernard Avenue143m
- Unnamed153m
Nearby places data: © OpenStreetMap contributors.
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All in Kelowna →Frequently asked questions
What is the asking price for this business?
The asking price is $820,000.
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.